Income Tax Articles

General Anti-Avoidance Rules (GAAR) in India

Posted by Ashwin P. Gohil 17 January 2019 11258 Views

Introduction:Indian government makes various provisions under Income Tax act, 1961 for revenue collection, some prov

3 Months to go: 6 Things to Start Doing Now to Save Taxes This Financial Year

Posted by Guest 16 January 2019 14446 Views

Whether you are a loyal taxpayer or a first timer, if you haven't been planning your taxes, you will end up paying more tax than you should. When only thr

Details of GST in Income Tax Returns

Posted by CA Umesh Sharma 12 January 2019 28251 Views

Details of GST in Income Tax ReturnsArjuna (Fictional Character): Krishna the due date to file income tax returns for some taxpayers for the year 2017-18 is 31s...

Know your Income tax form ITR-7

Posted by CS Karan B. Khattri 08 January 2019 11063 Views

WHAT IS ITR-7 ITR 7 Form is for persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139...

TDS obligation of Individual and HUF

Posted by CA Mehul Thakker 07 January 2019 28523 Views

When Individual/ HUF are required to deduct tax at source under these five sections?Consider the following proviso to section 194A(1):�An individual or a

Approval of an Institution or Fund under section 80G of the Income Tax Act, 1961

Posted by CA SATISH KUMAR N 05 January 2019 12802 Views

Rule 11AA of the Income Tax Rules deal with Requirements for Approval of an Institution or Fund under section 80G of the Income Tax Act, 1961. Rule 11AA: (Proce...

Restrictions on cash transaction under income tax act, 1961

Posted by FCS Deepak Pratap Singh 04 January 2019 33126 Views

The Central Government is continuously working to curb and stop black money circulations

Protective assessment under income tax act, 1961

Posted by FCS Deepak Pratap Singh 04 January 2019 76833 Views

This is a type of assessments that focus on those assessments which are made to �protect� the inte

Know your Income tax form ITR-6

Posted by CS Karan B. Khattri 02 January 2019 11959 Views

WHAT IS ITR-6 Form ITR � 6 can be used by a company, other than a company claiming exemption under section 11 (exemption under section 11 can be claimed b

Know your Income tax form ITR-5

Posted by CS Karan B. Khattri 31 December 2018 12431 Views

WHAT IS ITR-5 ITR 5 Form is for persons other than:-(i) Individual,(ii) HUF,(iii) Company and(iv) Person filing Form ITR-7.ITR 5 APPLICABLE FOR: ITR-5 form is t...