Income Tax Articles

Salary less than expected because of TDS

Posted by RevMy Startup 18 August 2018 11111 Views

TDS or Tax Deducted at source is a convenient way to pay a percentage of taxes on income. In this article we will deep dive into TDS calculations and online TDS...

Impact of GST on Used car Business

Posted by CA Puspendra Jain 18 August 2018 6954 Views

In this period of reforming India, government has imposing major compliance and taxation on different industries and also on automobile Industry and the major i...

31st March' 2018: Warning Bell for the filing of the Income Tax Return!

Posted by Tarun Kumar Madaan 11 August 2018 14086 Views

Yes, you heard it right. This is a warning bell if you are over with the budget 2018 updates. It�s time to check whether your income tax return is filed o

Budget 2018 proposals Impacting Charitable/Religious Trusts

Posted by Tarun Kumar Madaan 06 August 2018 12300 Views

This government is continuously tightening the law to bring more transparency in the working of Charitable/Religious Trusts. It was the introduction of Exit Tax...

Tax Benefit for Startups proposed in the Budget 2018

Posted by Tarun Kumar Madaan 05 August 2018 10476 Views

Every section of society was looking something for it in the budget. In the last two budgets, special emphasis was made on the startups by this government. The ...

Simple understanding of Tax audit for AY 2018-19

Posted by Sandeep Rawat 02 August 2018 37162 Views

As soon as due date of filing tax audit is coming near, assessee and tax auditor are making effort to co

Sailent features of Section 80GG

Posted by CA Puspendra Jain 02 August 2018 11140 Views

Section 80GG of Income tax Act 1961 as amendend by Finance Act 2016The Simple reading of this section gives the following understanding that Assessee, not falli...

TDS on individual paying rent more than 50K

Posted by Nirmal Beniwal 02 August 2018 13343 Views

Introduction: This article explains the new section 194 IB added by the budget 2017 in the Income Tax Act which

Why co-operative societies need not file IT return?

Posted by Radhakrishnan K.V. 31 July 2018 23968 Views

There is no reason why a co-operative society should file income tax return. We may examine the provision In the Income Tax Act 1961 which requires a person to ...