There are top reasons where taxpayers get into trouble with the tax authorities. These cases were relatively rare earlier but are now becoming common in the... Read More
The Central Board of Direct Taxes (CBDT) has cleared the air on taxation on Industrial Leased property Rental Income for letting out industrial leased property... Read More
In the transition phase of General sales tax to Value added Tax and the initiatives of E-Governance, like Goods and Service Tax (GST), many states have made several efforts,... Read More
APPEALS PROCEEDINGS UNDER INCOME TAX ACT, 1961
27 min read
The term appeal has nowhere been defined under the Income Tax Act. However as per Mozley and Whiteley’s Law Dictionary “Appeal is a complaint... Read More
Taxmen Following you on Facebook: Be Cautious on Uploading your Holiday Pictures on Facebook
3 min read
It may be a reality with you that you have not paid your taxes in time and went on a holiday or bought a shiny... Read More
Law Relating to Gift Tax in India
2 min read
Law Relating to Gift Tax in India In the earlier times in India cash gifts of up to Rs 50,000 were tax free but if... Read More
All About Intra-day Trading Startegies
2 min read
All about Intraday trading An insight into Intraday Trading Strategies The common name for IntraDay Trading is “Day Trading”. Here, a trader acquires a stock... Read More
In exercise of the powers conferred by 80CCG (1) of the Income-tax Act, 1961 (43 of 1961), the Central Government of India has formulated the ... Read More
How to avoid income tax audit
2 min read
Most of the people paying Tax are afraid of an IRS audit / income tax audit. Recent statistics have revealed that 150,000 taxpayers have been... Read More
Reassessment is a tool of the Income Tax Department. It gives the Assessing Officer the power to reassess income, of an assessee which has not... Read More