Income Tax Articles

Various Tax saving options for March month

Posted by CA Kushal Soni 11 September 2018 20296 Views

Life Insurance Premium:Life insurance policy can be taken on own life, life of spouse or child, child may be dependent/independent, male/femal

All about electoral bonds

Posted by CA Gyati Gupta 06 September 2018 8601 Views

What are Electoral Bonds ?Electoral bond was announced in the Union Budget 2017-18Electoral Bond is an effort made to cleanse the system of political funding in...

Carbon Credits and Its Taxability

Posted by CA Gyati Gupta 03 September 2018 13910 Views

What are Carbon Credits?Carbon Credits is an incentive given to an industrial undertaking for reduction of the emission of GHGs (Green House Gases), including ...

Advance tax - Precaution is better than Cure

Posted by CA Umesh Sharma 03 September 2018 8903 Views

Arjuna (Fictional Character): Krishna, Department is issuing Advance Tax notices to the taxpayers. So, explain the basic concept of the Advance tax.Krishna (Fic...

PSU Banks enter a degeneration spiral

Posted by Pravin Naik 02 September 2018 5651 Views

PSU Banks: the stocks to avoidOver the last few years, I have vociferously advocated investors to stay away from Public Sector Banks. The recent unearthing of s...

Colourable device has a different meaning in Income Tax than Holi!

Posted by Mayank Mohanka 28 August 2018 23395 Views

The Festival of Holi is unthinkable without colours. The use of colours by way of different devices like pichkaris, balloons, pumps, and even buckets, constitut...

Ways of collection of financial data by IT dept

Posted by CA Mayur Todmal 28 August 2018 12383 Views

To curb tax evasion/ suppression of income, the CBDT has taken steps to collect data about taxpayer�s

Last chance to file Income Tax Return for year 2015-16 and 2016-17

Posted by CA Umesh Sharma 27 August 2018 10489 Views

Arjuna (Fictional Character): Krishna, the last month of the financial year 2017-18 is about to begin and so is the worries of all the taxpayers, what must a ta...

194IB - Time Bomb on Landlords and Tenants

Posted by CA Pradeep Kumar Rajput 19 August 2018 20688 Views

Finance Act 2017 dropped a bomb on the normal rent paying individuals in the form of section 194IB where an Individual & HUF paying a monthly rent of rs. 50