Income Tax Scrutiny Criteria for Financial Year 2014-15
Compulsory manual selection of cases for scrutiny during the Financial Year 2014-15. Instruction No....
Tax Treatment of NSCs
National Savings Certificates are a popular way of claiming your Section 80C deductions. Lets take a...
Interest Free Loan from Employer
We received several queries regarding the tax treatment of interest free loan or loan given at conce...
Section 80CCD-Deduction New Pension Scheme
Section 80CCD allows an employee, being an individual employed by the Central Government or any oth...
Income Tax Deduction U/s 87A – Rs. 2000 Special Rebate
With a view to providing tax relief to the individual taxpayers who are in lower income bracket, a r...
How to Calculate Capital Gains and What is Indexation?
In this post we will learn How to calculate Capital Gains or Losses . A lot of people make mistake ...
Due date for filing Tax Audit Report for AY 2014-15 extended to 30.11.2014
CBDT extended due date for furnishing Tax Audit report u/s 44AB of the Income Tax Act, 1961 fo...
Important announcement for Tax payers for updating contact details in e-Filing Portal
Dear Tax Payers, Income-Tax Department uses the registered contact details (Mobile number & E-ma...
Solutions Regarding Legal Heir in Income Tax
How to Register as a Legal Heir on Income Tax Website? Problem: What all document do I need to...
No Disallowance under section 14A If Own Funds Exceed Borrowed Funds
Issue – Whether on the facts and in law, the Hon’ble Tribunal was correct in holding that the in...