Offences under Chapter XXII of the Income Tax Act, 1961

Offences under Chapter XXII of the ...

Chapter XII of the Income Tax Act, 1961 dealing with the offences is always important for anyone concerned about the law relating to Income Tax in Ind...

The Income Tax Appellate Tribunal declares slump sale surplus as a capital gain

The Income Tax Appellate Tribunal d...

One of the most fashionable trends of business in the present day world is a transfer through slump sale. This kind of deals falls under the expressio...

The Finance Bill, 2015 provides new explanation for determination of penalty as per section 271 in case of concealment of income or furnishing of incorrect details of income

The Finance Bill, 2015 provides new...

The present explanation 4, which is proposed to be substituted by the Finance Bill,2015, states that for the purposes of clause (iii) of section 271(1...

CBDT makes announcement regarding capital gains on extension of the term of Mutual Funds under the Fixed Maturity Plans

CBDT makes announcement regarding c...

The Central Board of Direct Taxes (CBDT) (TPL Division), New Delhi by Circular No. 6 of 2015 published on 9th April, 2015 has made an announcement in ...

INCOME TAX ARTICLES

Offences under Chapter XXII of the Income Tax Act, 1961

Offences under Chapter XXII of the Income Tax Act, 1961

Chapter XII of the Income Tax Act, 1961 dealing with the offences is always important for anyone concerned about the law relating to Income ...

INSURANCE UPDATES

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Highhandedness of the Income Tax and Excise Officers

The curse of the Indian government establishment is that power is in the hands of people with low se...

SERVICE TAX UPDATES

Calculator-Balance-Sheet-Numbers

On-Line Tax Accounting System Correction Scope and Procedure

The On-Line Tax Accounting System (OLTAS) was introduced in April 2004, for the accounting and reporting of receipts and payments of the Dir...

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