Income Tax Articles

Exemptions Of Capital Gain

Posted by CA. GAURANG THAKKAR 22 July 2016 14013 Views

EXEMPTION FROM CAPITAL GAIN: A. Section 54: Long Term Capital Gain arising from transfer of Residential House. 1.Who can claim benefit of this section? Individual or H.U.F.

Start-up India : An Overview

Posted by Ajay Pradeep Bansal 06 July 2016 9737 Views

The Government of India has, vide Notification dated 17.02.2016, announced "Start up India" initiative for creating a conducive environment for Start ups in India.

Why filing of Income Tax Return before 31st July is Important?

Posted by CA Umesh Sharma 06 July 2016 19531 Views

Details on who are required to file income tax return before 31st July and what care they should take before filing it

Chapter VI A deductions and Tax Slab Rates for FY 2015-2016 (AY 2016-2017) for Individuals

Posted by Bavesh Kumar Jain 05 July 2016 39072 Views

Chapter VI A Deductions for FY 2015-16 (AY 2016-17) for Individuals Section Eligible Assessee Particulars Remarks 80C Individual / HUF Sums paid or deposited in PY: - Employee Provident

DTC in hindi

Posted by CA Sudhir Halakhandi 05 July 2016 19684 Views

DTC in Hindi

Learn How to Use Tax Deductions to Save Money

Posted by Guest 01 July 2016 21882 Views

The Income Tax Department allows certain deductions which can be claimed to save tax at the time of filing the income tax return.

Government notifies new income tax return forms for FY 2015-16

Posted by Anurag 28 June 2016 14004 Views

In briefThe Central Board of Direct Taxes has notified Income-tax return forms applicable for the financial year (FY) 2015-16 (assessment year 2016-17). There are no major changes in the forms compared to last year. The key amendments in the forms pe

How to File Income Tax Return of a Deceased?

Posted by Amit Bavishi 28 June 2016 8463 Views

Greeting to all of you!!! In this article, I will discuss the step by step process to file Income Tax Return (ITR) of a deceased. For better understanding I have uploaded Screenshots, however, I have strike through some portion of the image to keep t

Income - Tax - Deduction

Posted by Rohit Pandey 28 June 2016 23712 Views

INTRODUCTIONOften you find yourself holding your Income in one hand and Taxes in other. Income Tax Deduction is one such aspect which is ignored by large.What if you can replace your taxes with deductions (Income Tax Deductions)? Wouldnt it be

Mandatory quoting of PAN

Posted by Gagan Deep Singh 28 June 2016 56882 Views

The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Ac