Income Tax Articles

Whether income tax attachment order will be considered as bar on sale of assets of a company in liquidation under IBC 2016

Posted by FCS Deepak Pratap Singh 14 March 2022 4307 Views

Leo Edibles & Fats Limited Vs. Tax Recovery Officer (Central)- Hyderabad [2018] 99 taxmann.com 226/259 Taxmann 387 Andhra Pradesh & Telangana High Court.

Extension of IT Due Dates

Posted by CA Umesh Sharma 13 March 2022 6687 Views

Extension of Income Tax Due Dates

How Stubbornness of Shekhar Became A Life-Saviour For Vishal (And How It Teaches An Unforgettable Tax Lesson)

Posted by Hardik Lashkari 13 March 2022 1425 Views

Vishal was dejected. He was feeling disheartened as he was left with no choice. He had to do what his dad, Shekhar, asked him to do this morning.

Income Tax Planning and its benefits

Posted by CA Puja Sharma 12 March 2022 6409 Views

Tax Planning is an intellectual process that makes one's financial position tax efficient. It refers to all those activities undertaken by taxpayers to ensure that their tax liabilities are minimised and benefit of all the available deductions, allowances and exemptions have been availed and are working in a coordinated manner.

Income from unsold flats shall be treated as business income

Posted by FCS Deepak Pratap Singh 10 March 2022 8459 Views

INCOME FROM UNSOLD FLATS SHALL BE TREATED AS BUSINESS INCOME OF THE DEVELOPER AND NO INCOME FROM HOUSE PROPERTY ON THE BASIS OF ANNUAL LETTING VALUE OR NOTIONAL VALUE OF RENT.

Women related Income tax and financial benefits

Posted by CA Umesh Sharma 07 March 2022 7808 Views

Let's discuss the life journey from a girl child to a woman, and what are the rights, Income tax benefits, and other benefits available to women in Indian laws....

Whether sub-leasing of properties will be taxable in PGBP or income from house property

Posted by FCS Deepak Pratap Singh 05 March 2022 6736 Views

Whether Income from Sub-leasing of properties will be considered as Income from Profits and Gain from Business or Profession (Section 28) or Income form House Property (Section 22).

Assessment under provisions of Section 153A of IT Act, 1961

Posted by FCS Deepak Pratap Singh 04 March 2022 6644 Views

SOME IMPORTANT FACTS RELATED TO ASSESSMENT UNDER SECTION 153A OF THE INCOME TAX ACT, 1961

Can GAAR override DTAA?

Posted by Mayank Mohanka 04 March 2022 5046 Views

In this article, I am making an honest and sincere attempt to find a plausible, logical and well-reasoned answer to this complicated question, analysing the applicable provisions of the Constitution of India, the Income Tax Act, 1961