CLARIFICATION ON RATE OF SERVICE TAX - REGARDING 1. Doubts have been expressed in various forums regarding the proposed increase… Read More
No disallowance if TDS is deposited before due date of filing return; amendment to sec. 40(a) (ia) has retro-effect Section… Read More
PENALTY FOR CONCEALMENT OF INCOME - EFFECT OF DISALLOWANCE OF CLAIM No penalty on disallowance of capital gains if disclosure… Read More
NEW CHANGES ON TDS: Section 192 (2D) – TDS on Salary: The person responsible for making the payment referred to… Read More
ALL ABOUT INCOME-TAX ASSESSMENTS PROCEDURES, APPEALS & REVISION TIME FOR FILING RETURN OF INCOME [SEC. 139 (1)] Different Situations Due Date… Read More
INCOME TAX SAVINGS THROUGH HOUSE PROPERTY Does your home, saving your income tax? Buying a house for self occupation can… Read More
INCOME TAX CALCULATION – RESIDENTIAL STATUS Resident & Ordinary Resident Resident But not Ordinary Resident Non –Resident Residential Status of… Read More
EXPECTATIONS FROM - BUDGET 2015 As most of us are aware, the present government has come to power on agenda… Read More
CAPITAL GAINS - EXEMPTION U/S 54, IN CASE OF INVESTMENT IN RESIDENTIAL HOUSE (CONSTRUCTION) House constructed by builder on behalf… Read More
ONLINE FILE INCOME TAX RETURNS After the introduction of Online Filing Income tax returns by the income tax department,… Read More