As part of a fresh initiative and new development, website of TDSCPC (TRACES) have now made possibility of online correction of e-TDS returns on their... Read More
Income Tax
Latest Home Loan Income Tax Benefits
2 min read
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
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
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
The Central Board of Direct Taxes has recently passed a direction on 07.10.2015 wherein it has been notified that the Assessing Officers of the Revenue... Read More
India has gone digital from groceries to ITR filing online. However, income tax return registration has become easy; there is a cliché to it. The... Read More
There is a grievance that often the tax deductors fail to issue TDS certificate in spite of many reminders by the deductee for such issue.... Read More
CBDT Instruction regarding Compulsory Manual Selection of Cases for Scrutiny during FY 2015-2016
5 min read
The CBDT (Central Board of Direct Taxes) has issued the above Instruction on August 31, 2015 to lay the parameters for compulsory manual selection of... Read More
The debate as to whether “mens rea” is an essential ingredient for levy of penalty has been never ending. It is a common issue as... Read More
The Bombay High Court in the case of Hindustan Unilever Limited vs. Deputy Commissioner of Income Tax-1 (1) and Others, 2015 (7) TMI 366, has... Read More