Income Tax Archives – Income Tax News, Judgments, Act, Analysis, Tax Planning, Advisory, E filing of returns, CA Students

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

July 21, 2017 Rebecca Ghomes 0 Comments CASS-2017, Central Board of Direct Taxes, Computer Aided Scrutiny Selection, Income Tax Manual Scrutiny Criteria for 2017-18, Limited Scrutiny and Complete Scrutiny, manual scrutiny criteria, Manual Scrutiny Guidelines

Every year the Central Board of Direct Taxes (CBDT) releases the criteria for Income Tax manual scrutiny. When you are

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Assessing Officer cannot review total order of assessment on debatable issues

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

June 22, 2017 Baisakhi Ganguly 0 Comments debatable, issue, mistake, review, Section 154

The Case pertains and revolves around the issue that the mistake sought to be corrected u/s 154 by Assessing Officer

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Application u/s 80G (5) (vi) for approval of the registration

Application u/s 80G (5) (vi) for approval of the registration- The Case of Gyaan Vikas Foundation Siliguri Vs C.I.T (ITAT Kolkata)

June 19, 2017 Rebecca Ghomes 0 Comments Shri Balwant Rai Jain, Siliguri on 27th February 2015 by Shri Balwant Rai Jain, The Case of Gyaan Vikas Foundation Siliguri Vs C.I.T (ITAT Kolkata), the verdict of the Case of Gyaan Vikas Foundation Siliguri Vs C.I.T (ITAT Kolkata), u/s 12A of the Income Tax Act, u/s 80G (5) (vi), Verdict of the CIT (E)

The Assessee here in the Case of Gyaan Vikas Foundation Siliguri Vs C.I.T (ITAT Kolkata) is a trust which was executed

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How To Deduct TDS on Property Sale u/s 194IA?

June 15, 2017 Rebecca Ghomes 0 Comments changes in the TDS on property sale, Non-deduction or non-deposition of TDS, TDS on property sale, TDS on property sale 2017, verdict on TDS on property sale

TDS on property sale is a very good method of controlling the developments in the real estate sector. Last few

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Conversion of Land into Stock in Trade: The Case of Jehangir HC Jehangir vs. ACIT

June 15, 2017 Rebecca Ghomes 0 Comments Cap[ital Gains. Conversion of Stock in Trade, Sale of Property, Section 50 Income Tax Act

The assessee owned a portion of land in Shivaji Nagar, Pune. The land was occupied by a bungalow, a tenanted

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Use accounting tricks and save your hard-earned money from paying taxes

June 14, 2017 Rebecca Ghomes 0 Comments 6 ways to save tax, accounting tricks, equity swapas, how can you save your hard earned money? how to save tax?, Individual retirement account, Life insurance borrowing, Payments in kind, Tax heavens, Trust funds, ways to save tax

The world of finance is now full of illegal trading and sharing of information between the wealthy. It is not

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Playing in stock market? Know your options for filing returns

June 14, 2017 Rebecca Ghomes 0 Comments claim for stock market losess, financial tips for stock market players, guide to stock market, importance of filing returns for stock market players, loss in stock market, playing in the stock market, salaried person and stock market player, stock market tips, what is stock market file returns

When you are working at a firm for a fixed salary, filing tax returns can pose a problem if you

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Levy of Penalty under section 272A(2)(K)

Levy of Penalty under section 272A(2)(K)- The Case of Argus Golden Trades India Ltd vs. JCIT (ITAT Jaipur)

June 13, 2017 Rebecca Ghomes 0 Comments Change in e-TDS form filling, non-availability of PAN, PAN Number, Statement of the CBDT, The Case of Argus Golden Trades India Ltd vs. JCIT (ITAT Jaipur)

Penalty under section 272A(2)(K)- A judicial interpretation- What penalties were levied? Penalty under section 272A(2)(K) had been levied . This

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