Income Tax Articles

Taxation of Non Resident Shipping Company

Posted by Gagan Gupta 25 January 2009 39686 Views

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

Posted by CA. Amit Daga 21 January 2009 12042 Views

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

Posted by dheeraj kr singh 13 January 2009 16143 Views

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

Posted by CA Sudhir Halakhandi 13 January 2009 19344 Views

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

Posted by CA Sudhir Halakhandi 11 January 2009 15537 Views

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

IT Ombudsman

Posted by CA Sudhir Halakhandi 09 January 2009 7199 Views

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

Posted by pappu mishra 05 January 2009 10735 Views

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

Posted by Rupesh Maheshwari 29 December 2008 48368 Views

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

Relief u/s 89(1)

Posted by Member (Account Deleted) 03 December 2008 271616 Views

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

Posted by Member (Account Deleted) 17 November 2008 78492 Views

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