Income Tax

Can cash money be seized during an investigation? 3 min read

• Income Tax

Can cash money be seized during an investigation?

Baisakhi Ganguly 8 years ago

To conduct a business one needs cash. One needs it to buy raw material, to pay fares of transportation, to pay for many out pocket... Read More

ACIT Vs UniDeritend Limited – Reimbursement of Actual Cost 2 min read

• Income Tax

ACIT Vs UniDeritend Limited – Reimbursement of Actual Cost

Manager 8 years ago

Home > INCOME TAX ARTICLES > ACIT Vs UniDeritend Limited – Reimbursement of Actual Cost ACIT Vs UniDeritend Limited – Reimbursement of Actual Cost The... Read More

Pre-requisites of Exemption under section 54E 3 min read

• Income Tax

Pre-requisites of Exemption under section 54E

Manager 8 years ago

Provisions of Section 54EC of Income Tax Act: Section 54EC of Income Tax Act gives the option to an assessee to save tax on capital... Read More

Top 5 Income Tax Rules for NRIs 2 min read

• Income Tax

Top 5 Income Tax Rules for NRIs

Anuj Mathur 8 years ago

Non-residential Indian, status and its related features will vary by far from one year to the other. See under what clauses you come under this... Read More

How to Respond Online for Notice received for Non-Filing Of Income Tax Return 2 min read

• Income Tax

How to Respond Online for Notice received for Non-Filing Of Income Tax Return

Aditijh 8 years ago

Income tax return filing is an important part of personal finance management as well as obligation on part of every assesse earning more than Rs... Read More

Assessment under Section 143(3) assessment void if case picked up contrary to CBDT’s Scrutiny Guidelines 2 min read

• Income Tax

Assessment under Section 143(3) assessment void if case picked up contrary to CBDT’s Scrutiny Guidelines

Manager 8 years ago

Assessment under Section 143(3) assessment void if any case picked up contrary to CBDT’s Scrutiny guidelines. In a landmark judgment that could provide relief to... Read More

Income from stocks—business income or capital gains 2 min read

• Income Tax

Income from stocks—business income or capital gains

Manager 8 years ago

16th September: Is the return from share market being shown as business income or capital gains? Income from stocks —business income or capital gains. Well,... Read More

Merits & Demerits of Investing in Equity Share Scheme 2 min read

• Income Tax

Merits & Demerits of Investing in Equity Share Scheme

Manager 8 years ago

In exercise of the powers conferred by 80CCG  (1) of the Income-tax Act, 1961 (43 of 1961), the Central Government of India has formulated the ... Read More

The key to Tax Planning 3 min read

• Income Tax

The key to Tax Planning

Manager 8 years ago

Tax Planning deals with making investments for the purpose of reducing the tax liability and increasing returns. Let us know the key to tax planning... Read More

Charitable organizations entitled to deduction of 15% of the gross receipts without fulfilling any condition 4 min read

• Income Tax

Charitable organizations entitled to deduction of 15% of the gross receipts without fulfilling any condition

Manager 8 years ago

It has recently been held by the ITAT Chandigarh in the cases of the Income Tax Officer vs. Bhartiya Vidya Mandir Trust, Ward VI (1),... Read More