Income Tax

Latest Home Loan Income Tax Benefits 2 min read

• Income Tax

Latest Home Loan Income Tax Benefits

Manager 10 years ago

Saving on income tax takes lot of planning and thoughtful investment. And so as to achieve maximum benefits from the existing income tax rules and... Read More

All about Wealth Tax Return 3 min read

• Income Tax

All about Wealth Tax Return

Manager 10 years ago

Every person as well as Hindu Undivided Family and Companies having net wealth more than the maximum amount not chargeable to wealth tax has to file... Read More

All you wanted to know about PAN Card 3 min read

• Income Tax

All you wanted to know about PAN Card

Manager 10 years ago

What PAN card is? PAN card is like a driving license or an aadhar card which bears a unique number. This unique number is a... Read More

Scope of section 133(6) of the Income Tax Act 3 min read

• Income Tax

Scope of section 133(6) of the Income Tax Act

10 years ago

The Income Tax Act gives the Department wide powers of investigation including the power to seek information about an assessee even from outsiders. The information... Read More

Highhandedness of the Income Tax and Excise Officers 3 min read

• Income Tax

Highhandedness of the Income Tax and Excise Officers

10 years ago

The curse of the Indian government establishment is that power is in the hands of people with low self-disposition and they run amok with it.... Read More

What is Not Service as Per Service Tax: Negative List 4 min read

• Income Tax

What is Not Service as Per Service Tax: Negative List

10 years ago

Negative List Of Services As Introduced In Year 2012’s Budget : A new concept of negative list for service tax was announced in the year... Read More

An agricultural land should be within the distance of 8 Kms. from the local limit of the municipality but not from the boundary of the village wherein such land is situated 3 min read

• Income Tax

An agricultural land should be within the distance of 8 Kms. from the local limit of the municipality but not from the boundary of the village wherein such land is situated

10 years ago

The ITAT, Delhi in the case of Assistant Commissioner of Income Tax vs. Vijay Singh Kadan, Legal Heir of Late Shri Randhir Singh Kadan, 2014... Read More

All about Wealth Tax 3 min read

• Income Tax

All about Wealth Tax

10 years ago

In India the Wealth Tax Act puts an obligation upon people to pay tax on the wealth held by them. It is payable on the... Read More

Impact of the Companies Act, 2013 on audit and auditors 4 min read

• Income Tax

Impact of the Companies Act, 2013 on audit and auditors

10 years ago

The long-awaited Companies Bill 2013 was finally passed by the Lok Sabha on 18.12.2012 and by the Rajya Sabha on 8.8.2013. After receiving the assent... Read More

Can seized cash be adjusted against advance tax? 2 min read

• Income Tax

Can seized cash be adjusted against advance tax?

10 years ago

The Finance Bill, 2013 has inserted an Explanation to section 132B of Income Tax Act, 1961, which states that the “existing liability” does not include... Read More