Income Tax Articles

Income computation policies

Posted by TS MANIAM 28 April 2018 9332 Views

Model / Template of the disclosure under the ICDS

Tax saving FD offers convenience, safety and a little liquidity too

Posted by Guest 23 April 2018 9093 Views

The Union Budget 2017 relieved the working class with the introduction of an increased threshold with regards to tax payment.

Income tax Calculator FY 2018-19

Posted by Benny Thadathil 10 April 2018 23480 Views

The basic principles of taxation are nearly as old as human society - the history of taxes stretches thousands of years into the past. Several ancient civil

Highlights of Section 194-IB

Posted by Susmita Dutta, CA , CPA 10 April 2018 5261 Views

HIGHLIGHTS OF SECTION 194-IB Certain amendments were introduced to the existing provision of applicability of TDS on rent and also the rates applicable for dedu...

Slump Sale and Its Taxability

Posted by CA Gyati Gupta 09 April 2018 13669 Views

In M&A transactions,"Slump Sales" are considered to be one of the most preferred ways of carrying out a deal due to various tax and stamp duty in

Applicability of TDS provision on Govt departments

Posted by Apoorva Moonat 08 April 2018 32834 Views

In this article, an attempt has been made to analyze the provision whether this section is applicable to government departments.

Major changes in Income Tax after 1st April, 2018

Posted by CS Karan B. Khattri 05 April 2018 28079 Views

Tax Exemption limit is Rs.2,50,000/- After that, up to 5 Lakh, Tax rate is 5% (earlier it was 10%). Payment of Rent Rs.50,000 per month by any Individ

E Assessment Procedure under the Income Tax Act 1961

Posted by CA Rajkumar agrawal 03 April 2018 18631 Views

Instruction No. 1/2018 issued by the CBDT on 12th of February 2018As per above dated instruction issued by the CBDT, Following procedure will be apply for condu...

Govt ignores its recommendations in pursuit of revenue target

Posted by Ramadurai Chandrasekaran 28 March 2018 9535 Views

This appears that the Govt. has chosen to ignore or not consider as relevant the recommendations of the Expert Committee formed by it.

15 Important tasks of Income tax to be done before March end!

Posted by CA Umesh Sharma 27 March 2018 14295 Views

Arjuna (Fictional Character): Krishna, the last month of the financial year 2017-18 has started and so are the worries of all the taxpayers, how should a taxpay...