Taxation for Non Government and Non Profitable Organizations
Taxation for Non Government and Non Profitable Organizations: Since years together, Government is trying its level best through various legislations to regulate the NGO/NPO sectors.
Income Tax
Income Tax
How to reply Non Filing of Income Tax Return Notice – Detailed
How to reply Non Filing of Income Tax Return Notice. Did you receive a notice from Income tax, here is the solution. When any one
Check Income Tax Refund Status Online 2021-22 Step by Step Guide
Check Income Tax Refund Status Online 2021-22. here we are providing a complete procedure for how to Check Your Income Tax Refund Status Online. There
Corpus Fund – How this fund is created?, Taxability Detailed
Corpus Fund – How this fund is created?. Corpus funds are of utmost importance from the point of view of income tax. Corpus funds represent
Things you need to know about Taxation in Mutual Funds (Detailed)
Things you need to know about Taxation in Mutual Funds: Mutual Funds have turned out to be one of the best investments in recent times. With
Step By Step Procedure For E Sahyog Facility by Income Tax India
Step By Step Procedure For E Sahyog Facility, The e-sahyog facility has been recently launched by Respected Finance Minister Arun Jaitely. This facility aims at resolving
Procedure for Request of Re-issue of Income tax Refund
Procedure for Request of Re-issue of Income tax Refund Online. Income Tax Refund cheque issued by CPC Bangalore Returned undelivered or not been credited due to
Changes In Income Tax Come With Effect From 1st April 2021
Significant Changes In Income Tax That Would Come With Effect From 1st April 2021. The new financial year is going to start from 1 April.
House Rent Allowance HRA and HRA Calculation – In Detailed
House rent allowance is the amount paid by employer to employees to meet the expenses of rent of the accommodation which the employee has hired
Cost Inflation Index for AY 2021-22, Cost Inflation FY 2020-21
Cost Inflation Index for AY 2021-22, Cost Inflation Index for FY 2020-21 for Long Term. Capital gain is the profit you make on selling an
Professional Tax – What is?, Applicability, pt due dates all states, Tax Rates
Professional Tax – Interest on Non Payment on of Professional Tax, Article 276. Professional Tax is the tax by the state governments in India. Anyone earning
Treatment of provision for gratuity in tax audit (3CA and 3CD)
Treatment of provision for gratuity in tax audit (3CA and 3CD). While doing tax Audit under section 44AB of income tax act one may come
Agricultural Income – Whether Really an Exempt Source?
Agricultural Income – Whether Really an Exempt Source?, Agricultural Income Under Income Tax Act, 1961. 1. Agricultural income is exempt as per Section 10(1) of the
History of Income Tax in India, Genesis of Direct Tax & IT’s Reforms
History of Income Tax in India, Genesis of Direct Tax & IT’s Reforms in India. Law is Dynamic in Nature: This means that law evolves over
TDS on Advertisements – Applicability, TDS Rates, Limits
Section 194C : TDS on advertisements is deducted U/s 194C and 194J of the Income Tax. This article will explain everything with respect to TDS
Rejection of Books of Accounts by Assessing Officers – Detailed
Rejection of Books of Accounts by Assessing Officers: Assessing officers arbitrarily reject books of accounts without invoking provisions of section 145(3) of the Income Tax
Offences and Prosecutions under the Income Tax Act
Offences and Prosecutions under the Income Tax Act. This is a summarized sheet containing the Offences & Prosecutions under the Income Tax Act. Apart from penalty
Submission of PAN Details of Landlord – Is compulsory
Submission of PAN Details of Landlord: HRA exemption can be availed up to least of the following, Submission of Land Lord’s PAN details, Violation of rule causes ?
Do NRIs need to file Return of income in India? – Detailed
Do NRIs need to file Return of income in India?. As per the provisions of income tax act 1961, In case of an NRI, only income
How to get a PAN Card from abroad, Pan Card Application by NRI’s
How to get a PAN Card from abroad, Pan Card Application by NRI’s. Step By Step Guide For Pan Card Application By Nri’s. Getting a ‘PAN CARD’
Appeals to Commissioner of Income Tax – Complete Details
Everything about Appeals to Commissioner of Income Tax, There has been tremendous pressure on the income tax officers as there has been provision for completing the
Section 44AE of the Income Tax Act 1961 – Complete details
Section 44AE of the Income Tax Act 1961: this article is about the relaxation provided to the heavy goods carriage owner having the heavy goods
TDS Rate Chart For 2021-22 w.e.f 01.04.2021, TCS Rates 2021
TDS Rate Chart For FY 2021-22 AY 2022-23, TCS Rates for FY 2021-22: TDS means “Tax Deducted at Source“. Here we provide TDS Rate Applicable
Section 80IA Deduction in respect of profits and gains from industrial
Section 80IA – Deduction in respect of profits and gains from industrial undertakings or enterprise engaged in infrastructure development: Section 80IA is profit based deduction,
Submission of Income Tax Return of a Deceased Assessee
Submission of Income Tax Return of a Deceased Assessee. If in the middle of the year, an assessee dies, but certain income has accrued to
TCS: Intro, TCS Rates 2021-22, Payment, Return, Due Dates
Tax Collected at Source, Latest TCS Rates in India, TCS means collection of tax at source by the seller (collector) from the buyer (collectee/payee) of the
List of Various Deductions Under Section 80C – Tax Saving
List of Various Deductions Under Section 80C. deduction under section 80c. Deduction U/S 80C in respect of Life Insurance Premium, Contribution to PF, etc., (Only
Belated Return 2021, Due Date, Penalty, Budget Updates 2021
Belated Return Section 139(4). Filing of Income Tax Return after Due Date. If the person fails to file the return of income within the time-limit
Belated Return & Revised Return, Last Date For Filing Belated Return
Belated Return & Revised Return: Missed the income tax return filing deadline? Here’s what you can do. Last Date For Filing of Belated Return. An assessee
How LIC schemes helpful in Income Tax?, Various beneficial exemptions
How LIC schemes are helpful in Income Tax? This article is for various exemptions available to the assessee while investing in the securities of the