Though we should file income tax returns every year, we still make some errors. There are some common errors which we make in most cases.... Read More
Income Tax
Two new non-linked policies have been launched by Life Insurance Corporation of India- Bima Account I and Bima Account II. These plans are quite simple... Read More
There is an increase of Defaulting in TDS submissions. And so there is an increase in applications for immunity from accountants. In the cases in... Read More
Here is some bad news for tax evaders. A circular issued by the Central Board of Direct taxes states that salaried taxpayers claiming exemption for HRA allowance now... Read More
The profits arising out of sale of an agricultural land which is far away from the limits of municipality cannot be treated as a regular... Read More
The Hon’ble Delhi High Court in the case of Pepsi Foods Private Limited vs. ACIT, W.P. (C) 1334/2015, and W.P. (C) 4280/2014 by a judgment... Read More
How to make your salary tax efficient?
3 min read
Many People have the grudge that their salary is low compared to the tax paid by them which is high. It is very urgent and... Read More
Very recently, the Supreme Court in the case of MAK Data Pvt. Ltd. vs. CIT (C.A.No.9772 of 2003 ) passed the judgment in connection with section... Read More
The Right to Information Act (RTI Act) which became effective from 12.10.2005 is a simple but very powerful legislation. It has helped the rights of... Read More
Section 194-IA states that any person, being a transferee, responsible for paying to a resident transferor any sum by way of consideration for transfer of... Read More