Incomes, which are deemed to accrue or arise in India – CBDT Clarification
Incomes, which are deemed to accrue or arise in India – CBDT Clarification AS per Section 9(1)...
Who cannot file ITR-4S?
The ITR-4S Form also called Sugam is the Income Tax Return form for taxpayers who run smal...
Taxpayers rejoice! Finally e-filing will be paperless
Unless you snail mailed your ITR-V to CPC, Bangalore your Return filing process was not complete. Bu...
Processing of Return FY 2013-14 time barred on 31.3.2015
PROCESSING OF RETURNS FILED IN F.Y. 2013-14 GETTING TIME BARRED ON 31.03.2015 ON ONLINE TMS IN ITD A...
Foreign Tax Credit
Big victory for Wipro, Karnataka HC grants Foreign Tax Credit to tax holiday entities IT major Wipro...
Missed the deadline for income tax proof submission? Don’t worry!
Delays in planning your tax saving investments make for an unpleasant year end. Top that not submitt...
Tax implications of Investment & Redemption of ULIPs
Investments in ULIP come with tax benefits both at the time of investment as well as on maturity. Ta...
Taxation of earnings from Mutual Funds
There are two ways that you may earn from a Mutual Fund – earn a dividend and have short term...
Do Resident Individual earning foreign income have to disclose this income & pay Tax in India?
Shreya returned to India in 2010 after living in London for more than 5 years. The French Company sh...
Tax Benefits on Home Loan for Joint Owners
Tax benefits on a joint home loan can be availed by all the joint owners. Provided certain condition...