Income Tax

The Amendment of Section 51 of the Income Tax Act through Finance Bill 3 min read

• Income Tax

The Amendment of Section 51 of the Income Tax Act through Finance Bill

Rebecca Ghomes 8 years ago

There have been several measures proposed by the government through the Finance (Vol. 2) Bill, 2014. These measures relate to curb tax deference. The most... Read More

The Actual Concept Of Assessment and Reassessment Proceedings Of Income Tax Act 3 min read

• Income Tax

The Actual Concept Of Assessment and Reassessment Proceedings Of Income Tax Act

Rebecca Ghomes 8 years ago

It may not be that uncommon for you to be served by an assessment or reassessment notice under Section 148 of the Income Tax Act.... Read More

What to do if you are summoned by the Assessing Officer in the Income Tax Department for a reassessment? 3 min read

• Income Tax

What to do if you are summoned by the Assessing Officer in the Income Tax Department for a reassessment?

Rebecca Ghomes 8 years ago

You may fall into a situation after filing your returns, where you are summoned by the Assessing Officer in the Income Tax Department for a... Read More

Are you filing your tax in the right way- A quick guide to the basic parts of the Income Tax Act 3 min read

• Income Tax

Are you filing your tax in the right way- A quick guide to the basic parts of the Income Tax Act

Rebecca Ghomes 8 years ago

Filing your income tax returns can be a tricky business. This is why there are CAs and audit firms to help you out. But this... Read More

A Quick Guide To Section 194L and 194LA of the Income Tax Act 3 min read

• Income Tax

A Quick Guide To Section 194L and 194LA of the Income Tax Act

Rebecca Ghomes 8 years ago

The Indian Income Tax Act of 1961 is a very complicated piece of law. After several amendments, the law now stands with 298 sections with... Read More

Why The Government Made Important Changes for Filing Income Tax Returns? 3 min read

• Income Tax

Why The Government Made Important Changes for Filing Income Tax Returns?

Rebecca Ghomes 8 years ago

If you are going to file your income taxes then it is important for you to know that the Central Board of Direct Taxes has... Read More

Let’s check out the various assessments under the Income Tax Law 3 min read

• Income Tax

Let’s check out the various assessments under the Income Tax Law

Rebecca Ghomes 8 years ago

There are different types of Income Tax assessments and in this article, we will discuss few factors related to them from the aspect of time... Read More

Income Tax Scrutiny Notices to have E-facility: A step towards digitization 3 min read

• Income Tax

Income Tax Scrutiny Notices to have E-facility: A step towards digitization

Rebecca Ghomes 8 years ago

Everyone knows that the tax structure in India is very complicated, and not everyone is able to comprehend it properly. When it comes to filing... Read More

A Quick Guide To The Income Tax Manual Scrutiny Criteria for 2017-18 3 min read

• Income Tax

A Quick Guide To The Income Tax Manual Scrutiny Criteria for 2017-18

Rebecca Ghomes 8 years ago

Every year the Central Board of Direct Taxes (CBDT) releases the criteria for Income Tax manual scrutiny. When you are planning to file your tax... Read More

Assessing Officer cannot review total order of Income Tax u/s 154 assessment on debatable issues 5 min read

• Income Tax

Assessing Officer cannot review total order of Income Tax u/s 154 assessment on debatable issues

Baisakhi Ganguly 8 years ago

The Case pertains and revolves around the issue that the mistake sought to be corrected u/s 154 by Assessing Officer must be obvious that such... Read More