Articles by Pulkit Agrawal
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Required to file ITR?
Posted by Pulkit Agrawal
03 November 2015
9525 Views
It is mandatory to file your Return of Income (ROI) and communicate your details of incomes earned to the Income Tax Department. The provisions relating to filing of ROI depends upon the status of taxpayer. The position in regard to this is described
Gifts received not to be indicated in ITR
Posted by Pulkit Agrawal
08 August 2015
15836 Views
Introduction :-As per Section 56 of Income Tax Act 1961, Gift exceeding Rs. 50,000/- is taxable in the hands of Donee and is to be indicated under the head Income from Other Sources in ITRs. But if gifts recei
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