Income Tax Articles

INCOME TAX FOR STUDENTS

CA Sudhir Halakhandi 25 January 2009 at 02:51

INCOME TAX FOR STUDENTS-1- BY CA SUDHIR HALAKHANDI IMPORTANT DEFINITIONS UNDER THE INCOME TAX ACT, 1961 Assessee(Section 2(7):- Assessee means a person by whom any tax or any other sum of money is payable

Taxation of Non Resident Shipping Company

Gagan Gupta 25 January 2009 at 01:03

Applicable section – Section 172Shipping business of non-residents.172. (1) The provisions of this section shall, notwithstanding anything contained in the other provisions of this Act, apply for the purpose of the levy and recovery of tax

Tax Planning

CA. Amit Daga 21 January 2009 at 12:48

Dear All,Its high time and now all of us are thinking for tax saving. Hope this article will be help ful for you that how to save your tax. I would like to say, Nobody likes the tax man, but dues have to be paid. With a little intelligent planning th

Legal Necessity of Provision for Depreciation

dheeraj kr singh 13 January 2009 at 16:41

On account of the provision under section 205 that, no dividend shall be declared except out of profitsarrived at after providing for depreciation in accordance with the provisions of the Act, it has becomeobligatory for every company distributing di

MAJOR INVESTMENT UNDER SECTION 80C

CA Sudhir Halakhandi 13 January 2009 at 14:39

BREIF STUDY OF MAJOR TAX SAVINGS INVESTMENT INTRUMENTS UNDER SECTION 80 C - CA SUDHIR HALAKHANDI (AN INTERESTING ARTICLE ON MAJOR INVESTMENT UNDER SECTION 80CINCOME TAX, ) Finance Act 2005 has changed whole the scenario of investment based tax rebate

Verification Of The E-Filed Return Form

CA Sudhir Halakhandi 11 January 2009 at 14:42

E-FILING WITHOUT DIGITAL SIGNATUREVERIFICATION OF THE E-FILED RETURN FORM- CA SUDHIR HALAKHANDIThe Individual assessee, partnership firm, Hindu undivided families can also file their IT returns electronically and this is the most convenient mode of f

Exemptions Of Capital Gain

CA. GAURANG THAKKAR 11 January 2009 at 14:41

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.

IT Ombudsman

CA Sudhir Halakhandi 09 January 2009 at 21:08

IT OMBUDSMAN: - SIMPLIFIED WAY TO RESOVE COMPLAINTS AGAINST IT DEPARTMENR. - CA SUDHIR HALAKHANDI Late receipt of refund vouchers, getting envelop with the intimation of refunds with refunds vouchers, Breaking the FIFO method in issuing

PRESUMPTIVE TAXATION

pappu mishra 05 January 2009 at 12:19

PRESUMPTIVE TAXATION:· The Concept of Presumptive Taxation was made to increase the taxability with Small Business.· Such business does not comes to purview Sec.44AB PARTICULARS SEC.44