Thursday, June 23, 2016

Have you checked your TDS Certificate ?

Have you checked your TDS Certificate ?

Income Tax Dept. targets to dispose of 1.33 lakh appeals

Income Tax Dept. targets to dispose of 1.33 lakh appeals

No unfettered powers to CIT to revise every order u/s 263 as per new Explanation 2

No unfettered powers to CIT to revise every order u/s 263 as per new Explanation 2

I-T department to block PAN, LPG subsidy of tax defaulters

I-T department to block PAN, LPG subsidy of tax defaulters

HUF cannot be partner but its karta or any individual of HUF can be partner in a partnership firm

HUF cannot be partner but its karta or any individual of HUF can be partner in a partnership firm

TDS on payment to dealer for servicing of customers vehicle as per Service Coupons u/s 194C

TDS on payment to dealer for servicing of customers vehicle as per Service Coupons u/s 194C

Wednesday, June 8, 2016

Income Tax Notice for non filing of Return ? Process

Income Tax Notice for non filing of Return ? Process

Bank ATMs eligible for 60% Depreciation

Bank ATMs eligible for 60% Depreciation

Derivatives Loss is not Speculative Loss u/s 73

Derivatives Loss is not Speculative Loss u/s 73

TCS on sale of Motor Vehicle : CBDT clarify via FAQ

TCS on sale of Motor Vehicle : CBDT clarify via FAQ

Notional interest on Security deposit is not to be included in perquisite value of the accommodation

Notional interest on Security deposit is not to be included in perquisite value of the accommodation

Donation by charitable trust to another charitable trust allowed as application of income

Donation by charitable trust to another charitable trust allowed as application of income

Donation by charitable trust to another charitable trust allowed as application of income

Donation by charitable trust to another charitable trust allowed as application of income

Pay Advance Tax Timely

Pay Advance Tax Timely

How many Previous years Income tax return can be filed after due date

How many Previous years Income tax return can be filed after due date

Monday, June 6, 2016

Foreign travel expenses and Income tax return

Foreign travel expenses and Income tax return

Due date of filing Income tax Return AY 2016-17 (FY 2015-16)

Due date of filing Income tax Return AY 2016-17 (FY 2015-16)

CII (Cost Inflation Index) for FY 2016-17 notified by CBDT

CII (Cost Inflation Index) for FY 2016-17 notified by CBDT

Delay in filing income tax return could be costly

Delay in filing income tax return could be costly

Coaching classes Income of ICAI is exempt u/s 2(15)

Coaching classes Income of ICAI is exempt u/s 2(15)

Section 14A disallowance can’t exceed total expenses : CBDT

Section 14A disallowance can’t exceed total expenses : CBDT

Tax on maturity of Insurance Policy

Tax on maturity of Insurance Policy