Income Tax Articles

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

Tax planning for salaried individuals

Rupesh Maheshwari 29 December 2008 at 11:58

SEMINAR ON TAX PLANNING FOR SALARIED INDIVIDUALS RupeshKalantri BCom 2nd Year,ERO 0133506

House Rent Allowance- Section 10(13A)

Member (Account Deleted) 04 December 2008 at 13:46

House Rent Allowance is an allowance given by an employer to an employee. The sole purpose of this is to meet the cost of renting a home. Here, we hope to clear the doubts you may have about HRA. Do note, when we refer to salary in this article, it

Relief u/s 89(1)

Member (Account Deleted) 03 December 2008 at 16:54

SALARY INCOME- RELEIF U/S 89(1)RELIEF U/S 89(1) In case of relief when salary has been received in arrears or in advance:Method of calculating the relief: Calculate the tax payable on the total income, including the additional salary of the relevant

Section 285BA - Annual Information Return

Member (Account Deleted) 17 November 2008 at 12:52

Authorising ‘agency’ for receiving Annual Information Returns on behalf of Commissioner of Income-tax (Central Information Branch) under section 285BA, read with rule 114E - In exercise of powers conferred under sub-section (1) of section

Deemed Dividend over Closely held private companies

CMA Jitendra Singh 08 October 2008 at 16:59

DEEMED DIVIDEND body { font-family:Arial; font-size:12px; }p { font-family:Arial; font-size:12px; }div { font-family:Arial; font-size:12px; } The concept of Deemed Dividend under the Income-tax Act, 1961(the Act) i

CBDT Clarification :6th CPC Tax due on 60% arrears FY 08-09

RAJAN GUPTA 30 September 2008 at 23:16

Dear Friends,As I have already written a post about tax due on arrears from sixth pay commission .In that Post I have mentioned that as per section 192 of income tax act , tax is not deductible from the 60% of arrears which is to be paid in FY 2009-1