Direct Taxes (including International Taxation) | By Editor | Jul 1, 2016
House Property is one of the heads of income in Income Tax Act. It forms an integral part of the income head. House property consists of ...
Direct Taxes (including International Taxation) | By Editor | Jun 30, 2016
An individual needs to have a clear concept of the term ‘Form 16’of Income Tax Act, 1961. The form consists of essential information, w...
Direct Taxes (including International Taxation) | By Editor | Jun 30, 2016
The individual needs to gather the specified documents for filing E-returns in India. There are minor requirements that are almost over-l...
Direct Taxes (including International Taxation) | By Editor | Jun 28, 2016
A penny saved is a penny earned. Likewise, saving taxes means saving of our money. As per Income Tax Act, when an individual avails lo...
Direct Taxes (including International Taxation) | By Editor | Jun 28, 2016
Most of the renowned financial planner suggests that the first step towards effective and sound financial plan is ensures adequate heal...
Direct Taxes (including International Taxation) | By Editor | Jun 27, 2016
The due date for filing your ITR is 31st July, 2016. It is now time, to work on your income tax returns. It always helps to start it at...
Direct Taxes (including International Taxation) | By Editor | Jun 27, 2016
House Rent Allowance (HRA) is exempted from tax under Section 10(13A) of the Income Tax Act. It is an integral part of a salary package. ...
Direct Taxes (including International Taxation) | By Editor | Jun 25, 2016
The Finance Minister Mr Arun Jaitley has pulled up an opportunity to curb the black money and brings them in the books by declaring the I...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 25, 2016
In order to curb the cash economy, Finance Act 2016 had amended section 206C of the Income-tax Act. As per this amended section, the se...
Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Jun 24, 2016
A historic referendum passed by the English and the world market felt its ripples. People all over the world are busy analyzing on how th...
Direct Taxes (including International Taxation) | By Editor | Jun 23, 2016
In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to “block” Perma...
Direct Taxes (including International Taxation) | By Editor | Jun 23, 2016
As per the latest press release made on June, 20th 2016, Section 44AB of the Income-tax Act (‘the Act’) makes it obligatory for every per...