Income Tax Articles
Hamari Aadhuri Kahani. Non receipt of Income Tax Refund!
Arjuna (Fictional Character): Income Tax Department has issued Circular No. 09/2015 dated 9th June, 2015 regarding income tax refund. Taxpayer wants Refund of excess of Income Tax paid
Requirement of Form 15CA & Form 15CB
Analysis of Form 15CA & 15CB requirement for payments made for import of goods Back ground of the issueProvisions of Sec. 195(6) of the income tax act got amended by the Finance Act 2015 and it comes into force with effect from 1-6-2015. As per
Features of forthcoming release of TDS/TCS
It is proposed to release new version of NSDL e-Gov TDS/TCS � Return Preparation Utility (RPU) and File Validation Utility (FVU) tentatively on 19th June, 2015. Details of which are given below:- 1. Return Preparation Utility (RPU)�
ICDS as tax saving tool
IntroductionEver since CBDT notified the new Income Computation and Disclosure Standards for computation of taxable income, many debates and analysis have been done with professionals giving their respective conclusions. We h
Exemption u/s 54 for asset purchased in different name
New asset purchased in another person' name or in joint name-whether exemption u/s 54 & 54F available? Query:
School reopens! Unresolved questions of its Fees in Income Tax
Karneeti Part 101School reopens! Unresolved questions of its Fees in Income Tax Arjuna (Fictional Character): Krishna, June is here, Schools / colleges soon will reopen. Therefore Parents are busy in their children�s school preparation. Today
TDS Amendments
IN FINANCE BILL 2015 SOME MAJOR AMENDMENTS REGARDING TDS HAVE BEEN MADE AS UNDER:Under the existing provisions contained in the proviso to clause (i) of sub-section (3) of the section 194A, income credited or paid in respect of time deposits with a b
How to save income tax on salary
The objective of this blog is to empower the employees with knowledge by providing Minimum Income Tax knowledge that would enable him to save Maximum Income Tax by restructuring their respective Salary or Cost to Comp
Simplified income tax return forms
A New Form ITR 2A is proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income. In Form ITR 2 and the New Form ITR 2A, the Main Form will not Contain more than
Income from salary
INCOME FROM SALARIESAny remuneration paid by an employer to his employee in consideration of his service is called Salary.It includes monetary value of those benefits and facilities provided by the employer which are taxable.Section 15, 16 and 17
Popular Articles
- TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025
- TCS Return Due Date: New Deadline For Tax Year 2026-27
- How Salaried Employees can save Tax under the New Tax Regime
- Sukanya Samriddhi Yojana 2026 with Interest Rate for Q2: Best Savings Scheme for Girls
- TDS Certificates for Non-Salary Income Gets a New Identity For FY 2026-27
- Capital Gains Exemption Under Sections 54 & 54F: Is Purchase in Spouse's Name Allowed?
- Form 130 Replaces Form 16: New Salary TDS Certificate For FY 2026-27
- Latest Changes in ITR-1, ITR-2 & ITR-4 for AY 2026-27: A Detailed Analysis
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
