Articles by POOJA CHANDAK

TDS Compliances and Penalties

Posted by POOJA CHANDAK 21 January 2014 83274 Views

TDS PROVISIONS & COMPLIANCES [A] Mandatory Filing of TDS StatementsEvery person responsible for deduction of tax under Chapter XVII-B shall, in accordance with the provisions of Section 200(3), submit the following Quarterly Statements to the Dir

Summary of Chapter VI A - Part 1

Posted by POOJA CHANDAK 09 September 2013 62743 Views

CHAPTER VI-A SIMPLIFIED Applicable for F.Y. 2012-13 Sections- from 80A to 80GGC Deduction under Chapter-VIA is not allowed against following incomes: Long Term Capital Gains. Short Term Capital Gains u/s.111A Winnings from lotteries, crossword

Offences & Prosecution Notes under Income Tax Act, 1961

Posted by POOJA CHANDAK 22 August 2013 61150 Views

CONTRAVENTION Contravention of order made under section 132(3) Sec.275A. A person contravening the order made u/s. 132(1) (second proviso) or 132(3),in case of search and seizure, shall

Capital Gains summary-specially for CA Final

Posted by POOJA CHANDAK 03 August 2013 56010 Views

CAPITAL GAINS Applicable for A.Y.2013-14 Today very few people might have not known the word Capital Gains Tax. Section 45 of the Income Tax Act, 1961 deals with taxability of capital gains. Section 45 says that any profits & gains arising fro

Clubbing of Income demystified under different sections

Posted by POOJA CHANDAK 27 July 2013 72023 Views

Generally an assessee is taxed in respect of his own income. But there are some cases where assessee has to pay tax in respect of income of another person. In the case of individuals, income tax is levied on a slab system on the total income.