Manager

F& O transactions are non-speculative business transactions 3 min read

• Income Tax

F& O transactions are non-speculative business transactions

Manager 10 years ago

Taxpayers in India whether they are salaried people or not, prefer to involve themselves in share trading as it is an easy way of earning... Read More

Advantages of Limited Liability Partnership over Partners 2 min read

• Income Tax

Advantages of Limited Liability Partnership over Partners

Manager 10 years ago

Advantages of Limited Liability Partnership over Partners Limited Liability Partnership, abbreviated as LLP, is a kind of business organization. It has become very common now-a-days... Read More

Insurance Policy As An Investment 2 min read

• Income Tax

Insurance Policy As An Investment

Manager 10 years ago

Insurance Policy – The Investment Investing on insurance policy is one of the most expensive ways of investment. It involves the cost of the insurance... Read More

Set off of unabsorbed depreciation 1 min read

• Income Tax

Set off of unabsorbed depreciation

Manager 10 years ago

Set off of unabsorbed depreciation    ... Read More

Consequences of Non-filing of I.T. Return in Time 2 min read

• Income Tax

Consequences of Non-filing of I.T. Return in Time

Manager 10 years ago

Consequences of Non-filing of I.T. Return in Time If a man escapes a taxable income his income is considered as black money and he is... Read More

The grievances of the petitioner expressed in a letter is nothing but an appeal under Rule 86 of Second Schedule to the Income Tax Act 3 min read

• Income Tax

The grievances of the petitioner expressed in a letter is nothing but an appeal under Rule 86 of Second Schedule to the Income Tax Act

Manager 10 years ago

The Bombay High Court in the case of Vinod K. Bhagat vs. Tax Recovery Officer and Others, 2015 (3) TMI 105, held that the grievances... Read More

Section 40A (3) disallowance applicable to payment by means of crossed cheque 2 min read

• Income Tax

Section 40A (3) disallowance applicable to payment by means of crossed cheque

Manager 10 years ago

The Gujarat High Court in a recent judgment pronounced on 26.4.2014 in the case of Rajmoti Industries vs. ACIT, held that payment through any crossed... Read More

Want to get an early tax refund? Know how to get it. 2 min read

• Income Tax

Want to get an early tax refund? Know how to get it.

Manager 10 years ago

Delay in receiving tax refund is a common phenomenon in India. If you are waiting for your tax refund for quite a long time, there... Read More

Having tax problem? Ask ombudsman for help 2 min read

• Income Tax

Having tax problem? Ask ombudsman for help

Manager 10 years ago

Are you struggling to get your refund from the Income Tax department? Are you been harassed many times for an income tax scrutiny for the past... Read More

Why one should not invest in a second house? 2 min read

• Income Tax

Why one should not invest in a second house?

Manager 10 years ago

Tax is a major issue for purchasing a second house as an investment. A person is required to pay tax on the rental income arising... Read More