Income Tax

Penalties for tax evasion 2 min read

• Income Tax

Penalties for tax evasion

Baisakhi Ganguly 12 years ago

Tax evasion as an offence: Tax evasion is an illegal act which occurs for failure to file income tax return or altering the tax amount... Read More

Filing of Income Tax Return without paying Self Assessment Tax makes it defective 2 min read

• Income Tax

Filing of Income Tax Return without paying Self Assessment Tax makes it defective

Manager 12 years ago

Present provisions of section 139(9) of the Income Tax Act: The present provisions of section 139(9) of the Income Tax Act contain the conditions the... Read More

Rules Relating to Gift Tax in India 2 min read

• Income Tax

Rules Relating to Gift Tax in India

Baisakhi Ganguly 12 years ago

Your mother transferred an amount of money to your bank account for helping you for a certain reason. Have you ever thought that is there... Read More

Penalties for Having a Fake or Duplicate PAN Card 2 min read

• Income Tax

Penalties for Having a Fake or Duplicate PAN Card

Manager 12 years ago

Presently, there are more than 12 lakh duplicate PAN (Permanent Account Number) card holders existing in our country. Though the government denies the allegations of... Read More

Capital gains tax rates 2 min read

• Income Tax

Capital gains tax rates

Manager 12 years ago

Depending upon the type of capital assets you have made investment in the tax rates of your capital gains are decided. There are few investments... Read More

Permanent Account Number- How to Acquire Application Form for Duplicate PAN Card 2 min read

• Income Tax

Permanent Account Number- How to Acquire Application Form for Duplicate PAN Card

Manager 12 years ago

Permanent Account Number (PAN) Card is an ID card issued to the Indian citizens by the Indian Income Tax Department. This PAN Card has got... Read More

NRI liable to pay Income Tax on the income earned in India 2 min read

• Income Tax

NRI liable to pay Income Tax on the income earned in India

Manager 12 years ago

According to the Income Tax Act, 1961 a non-resident Indian is defined as any person who is an Indian citizen or a person having an... Read More