Income Tax Articles

Cash Transactions - Legal Backup(Income Tax)

Posted by CA Rohan jain 22 July 2017 65234 Views

Income tax provisions relating to Cash Transactions

Appeal to commissioner of income tax (Appeals)

Posted by Arti Agarwal 15 July 2017 87351 Views

A fresh memorandum of appeal signed by the legal heirs must be filed before the Commissioner (Appeals) where the assessee is the appellant so that the legal heirs are brought on record.

Mentioning PAN for the banking and monetary transaction

Posted by Amitav 11 July 2017 17313 Views

Mandating PAN in the banking transactions is a very impressive step by the Govt of India. This will help to monitor the flow of transactions made by each person.

Analysis of Section 44AD Presumptive Taxation

Posted by akanksha 11 July 2017 15002 Views

Profits and gains of business on presumptive basisSection 44 AD(1)Notwithstanding anything contained in Sec. 28 to Sec.43C (that means deduction under these sec...

Section 80IBA - Deduction for Affordable Housing Projects

Posted by Amol Gopal Kabra (CA,CS,DISA) 04 July 2017 25197 Views

This article deals with deduction from income earned from housing projects from AY 2017-2018.

Provisions for Taxation of Real Estate Transactions

Posted by VIJAY TINKER 26 June 2017 14100 Views

Provisions for taxation of Real Estate TransactionsReal Estate transaction are one of the main source of generation of unauthorised income. After demonetisation...