Income Tax Articles

Tax implications on cash deposits and how penalty can be imposed

Posted by SATISH MANGAL 14 May 2017 36121 Views

Tax implications on cash deposits voluntarily declared as income and how can penalty be imposed on such disclosure

Black money bank mein deposit 'Kar', Income tax ka 'Dar'

Posted by CA Umesh Sharma 14 May 2017 9795 Views

Arjuna (Fictional Character): Krishna,Rs.500 and Rs.1000 notes have ceased to be a valid tender for legal transactions from midnight of 8th November 2016. This ...

Cleaning the Currency! A surprising Swachh Bharat Abhiyaan

Posted by CA Saurav Somani 13 May 2017 11646 Views

Cleaning the Currency

Impact of Demonetization of Rs 500 and Rs 1000 Currency - A Brief Analysis

Posted by Mahendra Badjatya 14 November 2016 62635 Views

Demonetization of Currency

Risk review of an assessee who deposits Rs. 500 and 1000 currency without proper source of income

Posted by CA RITUL PATWA 15 November 2016 30939 Views

Prosecution Risk for Rs. 500/- and Rs. 1000/- notes deposited in Bank without proper Explanation of the Source of Income

Sec 270A of the IT Act : Encouraging assessee to disclose unreported income?

Posted by Manu Gawri 13 May 2017 28032 Views

I have tried to analyse the newly added section 270A and show that this section is encouraging the assessed to discourse his unreported income.

Probable reason why Rs 2000 note are being issued

Posted by CA Keshav 12 November 2016 60750 Views

This notification has been issued to eradicate black money from the economy,fighting against corruption, terrorism and enhancing digital payment.

Guidelines for replacement of Rupees 500 and 1000 notes

Posted by CS Divesh Goyal 12 November 2016 41067 Views

Guidelines for replacement of existing Rs 500 and Rs 1000 notes with new notes and to understand the procedure of scheme and relevant provisions of Income Tax.