Diksha Garg

NOTICES UNDER SECTION 148 OF INCOME TAX AND COMMON MISTAKES MADE BY TAXPAYERS IN FILLING RETURN AGAINST SUCH NOTICE 3 min read

• Income Tax

NOTICES UNDER SECTION 148 OF INCOME TAX AND COMMON MISTAKES MADE BY TAXPAYERS IN FILLING RETURN AGAINST SUCH NOTICE

Diksha Garg 8 years ago

Are you the one who has got the notice under section148? Are you confused how to file your return? In this article read about Notices... Read More

Treatment of Business Expenses related to Relative or person with substantial Interest 3 min read

• Income Tax

Treatment of Business Expenses related to Relative or person with substantial Interest

Diksha Garg 8 years ago

There is an involvement of so many people when you start up your own work as a Freelancer. Your Financial Independent goal is mostly supported... Read More

Life Not Easy for TaxPayers, – Tax Terrorism must go 5 min read

• Income Tax

Life Not Easy for TaxPayers, – Tax Terrorism must go

Diksha Garg 8 years ago

In today’s times in our country, small taxpayers are highly burdened by the compliance and it is high time that they are eased. A taxpayer... Read More

Assessing Officer Can select Any Return for Inspection after obtaining CCIT Consent- M/s Brothers Sisters Enterprise vs. JCIT (ITAT Kolkata) Case 2 min read

• Income Tax

Assessing Officer Can select Any Return for Inspection after obtaining CCIT Consent- M/s Brothers Sisters Enterprise vs. JCIT (ITAT Kolkata) Case

Diksha Garg 8 years ago

CBDT Guidelines for the analysis of Cases: Law establishes as to how the CBDT `1. As per the Guidelines for Income tax Investigation, the AO is authorized... Read More

Notification clarifying ‘genuine’ transactions for nil capital gains when no STT is paid 3 min read

• Income Tax

Notification clarifying ‘genuine’ transactions for nil capital gains when no STT is paid

Diksha Garg 8 years ago

CBDT or Central Board of Direct Taxes recently released a notification that the transactions which under the Section 10(38) of the Income Tax Act of... Read More

Income Tax – Change of Assessing Officer and its Jurisdiction 3 min read

• Income Tax

Income Tax – Change of Assessing Officer and its Jurisdiction

Diksha Garg 8 years ago

Filing of income tax return is the statutory duty of every citizen of the country. In this regard assessee needs to interact with the income... Read More

Around 300 IT Commissioners Transferred Across the Country in a Major Reshuffle 2 min read

• Income Tax

Around 300 IT Commissioners Transferred Across the Country in a Major Reshuffle

Diksha Garg 8 years ago

To fine tune the working of the Income Tax Dept, this step was taken. The list of all the transfers made is personally investigated thoroughly... Read More

Stock market highest returns and highest NAV are two different things 4 min read

• Business

Stock market highest returns and highest NAV are two different things

Diksha Garg 8 years ago

A 28 year old investor, Sankaran had invested in stocks, ULIPs and mutual funds. He was very happy when the stock market had touched 20000.... Read More

Arrests and Detention Provisions under GST in Detail- Are these justified 3 min read

• GST

Arrests and Detention Provisions under GST in Detail- Are these justified

Diksha Garg 8 years ago

The Goods and Services Tax will be applicable all over India from the 1st of July this year. There are many dealers, whether big or... Read More

One state under same PAN In GST cannot utilise Input Tax Credit of Other state for payment of GST Tax liability 3 min read

• GST

One state under same PAN In GST cannot utilise Input Tax Credit of Other state for payment of GST Tax liability

Diksha Garg 8 years ago

In GST, for registered user under the same PAN, Input Tax Credit of One state cannot be set off against tax liability in another state. Other... Read More