Diksha Garg, Author at Income Tax News, Judgments, Act, Analysis, Tax Planning, Advisory, E filing of returns, CA Students

Income Tax

Non-Resident Indians – Which Income/Assets are Taxed?

The main question that arises for any non-resident Indian is that which income is liable to tax, which assets need

Insurance

Life Insurance Policy Payouts – Are they Taxable or Not?

August 3, 2019 Diksha Garg 1961, Income tax act, Keyman insurance policy, life insurance policies, PAN, TDS

The basic idea about life insurance policies is that they are tax-free. But this might be subject to conditions and/or

Income Tax

Declaration of Income Tax Returns: Does an NRI have to declare their foreign bank account information?

August 3, 2019 Diksha Garg filed Income Tax returns, Income Tax, income tax NRI, income tax return, NRI

When it comes to disclosure of overseas accounts of NRI’s, there is a lot of confusion and chaos pertaining to

Income Tax

Section 195 – TDS for Non-Resident Indians

August 3, 2019 Diksha Garg Income Tax, Income tax act, Income Tax Act section 87A, NRI, section 195 of the Income Tax Act, Tax, TDS

Section 195 of the Income Tax Act, 1961, is all about the Tax Deducted at Source (TDS) for Non-Resident Indians.

Income Tax

The Most Helpful Tips for NRI’s to Fill Income Tax

August 3, 2019 Diksha Garg Income Tax, NRI, NRI and Income tax, NRI in India, Tax Rebate for NRI

There is always some confusion when it comes to an NRI and income which is taxable in India. Mentioned below

Income Tax

Benami Transactions Informants Reward Scheme

July 25, 2019 Diksha Garg benami assets, Benami Property, benami transaction, Benami Transactions Act, Benami transactions and corruption

Under the Scheme, an informant can be provided interim and the final reward only the competent authority. The interim reward will be granted if the informant has provided the specific information pertaining to the Benami property in the format prescribed in Annexure-A and has received an Informant code as well.