Manager

What if you are caught with tax evasion?

• Income Tax

What if you are caught with tax evasion?

Manager 9 years ago

How can you save tax through investment in your spouse’s name? 2 min read

• Income Tax

How can you save tax through investment in your spouse’s name?

Manager 9 years ago

Many tax savings instruments provide  investment in the name of spouse, children or parents, subject to few restrictions. One can open a fixed deposit or purchase... Read More

Download Acts 1 min read

• Income Tax

Download Acts

Manager 9 years ago

Download Income Tax Act Download Wealth Tax Act            ... Read More

CBDT Instruction regarding Compulsory Manual Selection of Cases for Scrutiny during FY 2015-2016 5 min read

• Income Tax

CBDT Instruction regarding Compulsory Manual Selection of Cases for Scrutiny during FY 2015-2016

Manager 9 years ago

The CBDT (Central Board of Direct Taxes) has issued the above Instruction on August 31, 2015 to lay the parameters for compulsory manual selection of... Read More

All about Representative Assessee 3 min read

• Income Tax

All about Representative Assessee

Manager 10 years ago

Section 160 (1) (i) of the Income Tax Act deals with the term “Representative Assessee” for all purposes of assessment of income tax. It refers... Read More

Can one raise a claim before the appellate authorities which has not been raised before the AO? 3 min read

• Income Tax

Can one raise a claim before the appellate authorities which has not been raised before the AO?

Manager 10 years ago

The Income Tax Appellate Tribunal, Bangalore in Sri Lakhan Singh vs. Asst. Commissioner of income Tax (ITA No.1025/Bang/2011) has held that the claim of the... Read More

Completion and Posession of House not mandatory requirement to Claim benefit u/s 54F Income Tax Act 14 min read

• Income Tax

Completion and Posession of House not mandatory requirement to Claim benefit u/s 54F Income Tax Act

Manager 10 years ago

Income Tax – Section 54F. – Whether in the absence of completion and possession by way of registration and transfer of its title of flats... Read More

CBDT procedure for launching prosecution for TDS-TCS default 3 min read

• Income Tax

CBDT procedure for launching prosecution for TDS-TCS default

Manager 10 years ago

CBDT procedure for launching prosecution for TDS-TCS default Feb. 12 INCOME TAX ARTICLES, SERVICE TAX UPDATES, Tax Updates no comments The Central Board of Direct... Read More

An agricultural land should be within the distance of 8 Kms. from the local limit of the municipality but not from the boundary of the village wherein such land is situated 3 min read

• Income Tax

An agricultural land should be within the distance of 8 Kms. from the local limit of the municipality but not from the boundary of the village wherein such land is situated

Manager 10 years ago

The ITAT, Delhi in the case of Assistant Commissioner of Income Tax vs. Vijay Singh Kadan, Legal Heir of Late Shri Randhir Singh Kadan, 2014... Read More

An assessee’s method of accounting cannot be rejected merely because it gives him some advantage 2 min read

• Income Tax

An assessee’s method of accounting cannot be rejected merely because it gives him some advantage

Manager 10 years ago

The ITAT Ahmadabad in the case of Ms. Ambuja Oil Industries vs. the Income Tax Officer, 2014 (11) TMI 647, held that the regular method... Read More