This is the income tax provision which is added the credit as income which is unexplained
Introduction & Its Applicability:Section 115-UB of Income Tax Act, 1961 shall b
The prevailing withholding tax is deducted at source, and is 1% of the consideration payable to the seller. It is the responsibility of the buyer to deduct the tax and deposit the same in the government treasury�
Arjuna (Fictional Character): Krishna, the government has brought the provision of TCS (Tax Collected at Source) on sale of every product or service in income t...
A detailed Guidance on disclosing income under Pradhan Mantri Garib Kalyan Yojna (more popularly known as Income Disclosure Scheme - II)
It's wonderful to have clarification vide circular no. 23/20169 dt. 24th June, 20016 from Government. Government had clarified liability to collect Tax a
For the purpose of better and clear understanding of MAT and AMT, I have made the comparison of various related provisions
Gear up and file your income tax return without waiting for the last day as events during that time might force you to miss the deadline.
Digital and Cashless Economy : A New Way of Life after demonetization
It is important to understand the Benami Property Transaction Act along with the Income Tax Act to understand the impact of depositing the undisclosed income.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English