Income Tax Articles

Opportunity for disclosing black money will end on 30th Sep

Posted by CA Umesh Sharma 20 September 2016 4935 Views

Arjuna (Fictional Character): Krishna, the opportunity for disclosing black money will end on 30th September 2016. Also, the income tax department is carrying o...

Cenvat credit on rent a cab

Posted by CA Venkatprasad Pasupuleti 15 September 2016 20317 Views

For the period upto 01.04.2011, courts/tribunals allowed the credit however with advent of specific exclusion in the definition of 'Input service'

Ashtavinayaka, what are the Astha Mahima of Tax Audit?

Posted by CA Umesh Sharma 12 September 2016 6075 Views

Arjuna (Fictional Character): Krishna, from today celebration of festival of Lord of knowledge and Vignaharta Shri Ganesha has started with full of joy. Everywh...

Income Disclosure Scheme 2016 (IDS 2016) - An Opportunity

Posted by Yogesh Agarwal 12 September 2016 8441 Views

This article is not based on the technicality of the scheme section by section but in simple way to make one understood that this is an opportunity to clean the hand.

All about Income from Undisclosed Sources

Posted by Rakesh 09 September 2016 18768 Views

In this article, you can gain complete knowledge about various provisions relating to tax treatment of Undisclosed Sour

Transfer Pricing- Aggregation of Transactions for Benchmarking

Posted by CA Rohit Gupta 07 September 2016 8002 Views

Aggregation of transactions or �Combined Transaction Approach� is a well-accepted prac

Tips on E-filing of returns

Posted by Venkatesh Dangeti 05 September 2016 9530 Views

Being an employee/article assistant of a CA firm,You have to file numerous returns,forms.Here are some tips which might help you based on my experience.1)To rem...

Rules for Grant of Foreign Tax Credit in India

Posted by CA Rohit Gupta 02 September 2016 5003 Views

Rules for Grant of Foreign Tax Credit in IndiaCentral Board of Direct Taxes (CBDT) has, vide Notification no. 54/2016 dated 27th June 2016, notified Rules for g...

Section 56(2)(vii): Gifts Received by Individual and HUF

Posted by CA Rohan jain 02 September 2016 16802 Views

Analysis of TAXATION OF GIFTS..!!Crux : Section 56(2)(vii) : Gifts Received by Individual and Huf 1. This section is applicable only when gifts are received ...