Taxpayers Articles

A fight over jurisdiction(Vodafone Case)

CA Shammi Prabhakar 30 January 2012 at 11:03

I am sure that you must have heard of Vodafone Case in News or Discussions, But very few of us are aware of the fact of the case and the real story. Its a landmark case of Indian Judic

Section 54F - Undesirable provision from an economic perspective

Mikdad Merchant 14 November 2011 at 12:35

Before I delve into my topic of discussion, let me give a short brief about section 54F of the Income Tax Act 1961. Section 54F deals with exem

Goods and Services Tax (Malaysia)

Nagesh Bajaj 08 October 2011 at 13:27

Goods and Services Tax in Malaysia may be implemented by the Malaysian Government somewhere in the third Quarter of 2011. 4% GST will replace the current sales and service tax currently levied at rates between 5% and 10%. Companies with revenue RM

80C Investment Planning for Financial Year 2011-2012 (ELSS )

Sohil 22 August 2011 at 12:23

Note::This being my first article and also I am being fairly new in this line.I am writing this article as first person and being me as reference.Articles content is true upto my knowledge with small niggles here and there if so but i am sure how it

Taxpayer's Call for Freedom.... Are they Hearing?

Preety Parik 12 August 2011 at 16:01

While addressing a large gathering at the concluding ceremony of 150 Years of Income Tax Department at Delhi, Hon President Mrs. Pratibha Patil made few important statements thats needs appreciation, these are:-1. An environment of

Deficiency in Collection of Indirect Tax This Year

Nagesh Bajaj 19 July 2011 at 13:23

The revenue growth target for this year is challenging a change in tune from an hot tempered optimist about th

Exemption from filing of Income Tax Returns

praveen 06 July 2011 at 13:17

CBDT recently issued a notification on exemption from filing of Income Tax Returns for salaried people whose i

Reduce your tax and multiply benefits with the smart planning

hitesh 01 June 2011 at 13:39

Reduce your tax and multiply benefits with the smart planning tool called HINDU UNDIVIDED FAMILY (HUF)

FAQ on Section 80C of Income tax Act (Part 2)

CMA Ramesh Krishnan 21 February 2011 at 12:26

Frequently asked questions on Section 80C (Part 2) Continuation of my previous article Is fixed deposit in Bank is eligible for deduction? Only Tax-saving fixed deposits (FDs) of scheduled banks with tenure of 5 years are also entitled for

FAQ on Section 80C of Income tax Act (Part 1)

CMA Ramesh Krishnan 07 February 2011 at 11:12

Frequently asked questions on Section 80C (Part-1) Introduction: Under Income tax act Section 80C is important section and need to be known by every tax payer. The reason behind this knowledge about this section will save you income tax & secure