Taxpayers Corner Articles

Income Tax Deductions 2016-17

Posted by CA Ayush Agarwal 23 January 2017 30490 Views

Helpful for Salaried Individuals for Deductions and Income tax benefits as per Budget 2016.

Any Abnormality in Only 1.25 cr Indians paying Income Tax?

Posted by CA Anil Garg 26 December 2016 12819 Views

The data recently released by the government stating that only 1.25 cr Indian (individuals) pay income tax, that is, only 1%. It seems obvious to conclude that ...

ICDS v/s AS of ICAI

Posted by CA Pradeep Garg 22 December 2016 5181 Views

Sec 145, ICDS, Accounting Standards, Companies Act Sec 129, 133

Tax Exemptions - A tool to generate black money & corruption

Posted by CA Pradeep Garg 29 November 2016 5551 Views

Exemption from Tax, under reporting, cash transactions, tax evasion

Stumping out! Taxpayer, if March ending tax works not timely carried out

Posted by CA Umesh Sharma 24 June 2016 10056 Views

Arjuna (Fictional Character): Krishna, Currently the T-20 Cricket World Cup is on. Dhoni's stumping in the India v/s Bangladesh match is all over the news. The Financial Y

Sone Ki "Chidiya" ko Tax ki "Bediya"

Posted by CA Umesh Sharma 17 June 2016 12076 Views

Arjun (Fictional character): Krishna, what is the reason of agitation held by Jewellers across the Country. Why there businesses are closed from so many days? Let us discu

E-commerce Service providers Compliance requirements under Goods and Service Tax

Posted by CA MAYANK WADHERA 16 June 2016 11410 Views

Analysis of Compliance requirements of eCommerce portals and other important aspects under Goods and Service Tax aka GST regime.

Why not to file Income Tax Return before 15th May!!

Posted by CA Mohit Bansal 18 April 2016 18959 Views

At the very first instance, it has been a great step by the government that they have made available the ITR forms on 1st April itself. Although the last date of filing ITR is 31st July for individuals, people have already started filing returns from

What the New KYC Norms Mean for Your Mutual Fund Investment

Posted by CA Pallav Singhania 02 January 2016 10793 Views

Hello Everyone,After a long time I'm back to CCI.All mutual fund investors, whether new or existing, will have to provide additional Know Your Customer (KYC) details to their fund houses.Here is a 10-point cheat-sheet:1) In September this year, t

E-Sahyog - No more visits to Income Tax Office for mismatch

Posted by ABHISHEK SONI 23 November 2015 16236 Views

Great news from Income Tax Department!Now, you don�t need to present yourself in office of Income Tax Authorities for correcting mismatches. Income Tax Department has come up with a new initiative in form of E-Sahyog through which mismatches ca