December 30, 2018, Sunday
The tax terrorism has hardly come down. And the reason stays same - absurd and impossible targets given to tax officers
November 29, 2018, Thursday
Taxation depends on whether the property is let out to enjoy the rent or the owner is exploiting it commercially
November 12, 2018, Monday
Gifts could be either in the form of cash or kind. Let us look at the tax implications in both cases.
October 31, 2018, Wednesday
Capital gain accounts are of two types
October 22, 2018, Monday
If you have not filed your returns, and there's a notice, ensure that you respond to the notice in time. Failure to respond to ...
October 19, 2018, Friday
As the money received is capital receipt, it will be tax-free according to income tax provisions
October 11, 2018, Thursday
The number of direct taxpayers was 38 million when the Modi-led government took office in May 2014
October 03, 2018, Wednesday
One capital asset for computing capital gains under Section 45 of the Income-Tax Act includes jewellery, ornaments made of gold, ...
August 30, 2018, Thursday
The revision has to be done before the end of the financial year for which return was filed, i.e., 31st March 2019 for AY2018-19
August 29, 2018, Wednesday
Always go to the e-filing portal and check if there is any refund or outstanding tax demand
August 08, 2018, Wednesday
The relief: if your equity gains are less than Rs100,000 in a financial year, you can breathe easy
November 29, 2018, Thursday
The income shall be considered as taxable in the year in which the specified authority issues the certificate of completion for ...
November 12, 2018, Monday
If an employee receives a present from a business acquaintance, it is tax-free unless items include jewellery, bullion and ...
November 01, 2018, Thursday
For occasional gifting, the sender can split the package to ensure the parcel is below the duty-free value
October 22, 2018, Monday
During the same period, it said, there has also been a growth of 19 per cent in the number of non-salaried individual taxpayers ...
October 22, 2018, Monday
The income tax law specifically carves out an exemption from levy of gift tax on transfers done by way of will or inheritance.
October 17, 2018, Wednesday
There are ten different gift categories that need to be declared and paid tax on when received from someone in a personal
October 08, 2018, Monday
The assessees filing their return of income within the extended due date shall be liable for levy of interest
September 21, 2018, Friday
Ensure that you fill out details correctly as the department will tally it with the TDS it has received from EPFO
August 29, 2018, Wednesday
Gift received from vendors is taxable in your hands and hence, should be disclosed as 'income from other sources'
August 22, 2018, Wednesday
Capital gains will be calculated from the original owner's purchase date
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