TAXATION OF SUBSIDY UNDER INCOME TAX LAW
General Definition of Subsidy A subsidy is a form of financial aid or support extended to an econ...
ELECTRONIC FILING OF APPEAL BEFORE CIT APPEALS IS MANDATORY
CBDT vide its press release dated 30-12-2015 mentioned that Electronic Filing of Appeal before CIT ...
CBDT SIMPLIFIED PROCEDURE IN RESPECT FORM NO.15G 15H
Directorate of Income-tax (Systems), CBDT, New Delhi vide Notification No. 4 /2015 dt. 01-12-2015&nb...
Advice for succeeding at Tax Saving this financial year
Today our post will be focussed on helping you choose an investment to save tax in the current finan...
Consequences of failure to deduct TDS or failure to deposit TDS timely
If income tax laws require you to deduct tax, it must be timely deducted timely deposited TDS must b...
Relief Under section 89 of Income Tax
Relief under section 89 of Indian Income Tax Act is one of the important tax rebate to salaried em...
Recovery of Amount Tax not Deducted At Source
2015-VIL-25-MSTT M/s MUKUND LTD Vs THE STATE OF MAHARASHTRA Maharashtra Value Added Tax Act, 2002 &#...
When you miss deducting TDS or do not deposit it timely
To make its TDS scheme a success, the tax department built in certain provisions in income tax act. ...
How to fill Form 15G?
About Form 15G When your total income is less than Rs 2,50,000, no tax is payable by you. In such a ...
PAPERLESS ASSESSMENT PROCEEDINGS CBDT (INCOME TAX DEPARTMENT)
With the moto to support ‘Digital India’ campaign of Indian Prime Minister Sh. Narendra Modi, Ce...