Income Tax

Income Tax Savings through House Property

INCOME TAX SAVINGS THROUGH HOUSE PROPERTY Does your home,  saveour income tax? Buying a house for self-occupation can be biggest… Read More

11 years ago

Computation of Total Income – Residential Status

INCOME TAX CALCULATION – RESIDENTIAL STATUS Resident & Ordinary Resident Resident But not Ordinary Resident Non –Resident Residential Status of… Read More

11 years ago

EXPECTATIONS FROM – BUDGET 2015

EXPECTATIONS FROM - BUDGET 2015 As most of us are aware, the present government has come to power on agenda… Read More

11 years ago

Investment in Residential Property- Exemption u/s 54

CAPITAL GAINS - EXEMPTION U/S 54, IN CASE OF INVESTMENT IN RESIDENTIAL HOUSE (CONSTRUCTION) House constructed by builder on behalf… Read More

11 years ago

Online file income tax returns

  ONLINE FILE INCOME TAX RETURNS After the introduction of Online Filing Income tax returns by the income tax department,… Read More

11 years ago

HIGHLIGHTS – DIRECT TAX PROPOSALS OF BUDGET 2020

HIGHLIGHTS – DIRECT TAX PROPOSALS OF UNION BUDGET  UNION BUDGET 2020 FEATURES The review of the budget is divided into… Read More

11 years ago

No Revision by CIT to make Sec 68 income tax addition

  NO REVISION BY CIT TO MAKE SEC. 68 ADDITION IF AO HAD OBTAINED CONFIRMATION OF PARTIES IN SUPPORT OF… Read More

11 years ago

Partner capital introduce not deemed as loan invoke 269SS

CAPITAL INTRODUCED BY PARTNERS IN THE FIRM COULDN'T BE DEEMED AS LOAN TO INVOKE PROVISIONS OF SEC. 269SS Section 269SS,… Read More

11 years ago

Budget Amendments on deduction of chapter VI-A

Budget Amendments on deduction of chapter VI-A Section 80C: All investments in ‘Sukanya Samridhi Scheme’ were already eligible for deduction… Read More

11 years ago

RBI has asked public to pay their income tax dues in advance

Payment Of Income Tax Dues Reserve Bank has asked the public to pay their income tax dues well in advance… Read More

12 years ago
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