Expatriates who are ‘residents’ don’t have to disclose non-earning foreign assets
The income tax act of India requires that an income tax return must be filed in India for any income...
Are certain expenses allowed to be deducted from income from other sources?
We all know that a freelancer or a business is allowed to deduct business expenses from their busine...
Treatment of Defective income tax returns
Once you file your income tax return, it is checked, assessed and processed by the income tax depart...
Form 10F in word Format – Required in case of foreign remittance in Form 15CA
Income Tax Department was amended Income Tax Rules 2013 and this is eleventh amendment rul...
Do remember to include these ‘income from other sources’ in your income tax return
Do you have any income from other sources. Any residual income which is not included in the other 4 ...
Black Money Rules Notified
Black money: rules for valuation of foreign assets notified Anyone having an undisclosed bank accoun...
Indian Assessee having assets in overseas needs to report it in Income Tax Return
An Indian who has assets located outside India is required to report those assets in his Indian tax ...
Documents needed for e-filing your income tax return
The first step to e-filing your income tax return should begin with having all the necessary documen...
BLACK MONEY TAXATION RULES 2015
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 GOVERNMENT OF ...
BRIJ LAL & ORS VS COMMISSIONER OF INCOME TAX JALANDHAR 21-10-2010
IN THE SUPREME COURT OF INDIA CIVIL APPELLATE/ORIGINAL JURISDICTION CIVIL APPEAL Nos. 516-527 OF 200...