Tax Treatment Relating To Provident Funds
Tax treatment relating to provident funds particulars Statutory PF Recognized PF Unrecognized ...
My only income is from selling shares, do I need to pay tax?
We all know that Income from salary, rental income and business income is taxable. But what about in...
Pension is taxed as salary, except when received by family
Pension is taxable under the head salaries in your Income Tax Return. Usually pension is paid out pe...
Expense before 1.4.2013 shall be disallowed if TDS not deducted
Recently in Thomas George Muthoot vs. Assistant Commissioner of Income Tax, it was held that the ass...
Charges collected for late filing of TDS return is a fees and not a tax
The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is so...
Gifts of Love may attract Tax
Let me tell you we are all for love; but remember never mix Love and Taxes! The Income Tax (like a f...
Budget 2015- Wish list of Salaried People
Budget 2015 will be second budget of new government. Last year few expectations of salaried people w...
Do NRIs need to file Income Tax Return for Interest earned in NRO account?
Srishti lives and works in the USA. She checked her Form 26AS online and found out that a TDS entry ...
CBDT clarifies on scope of disallowance
The Central Board of Direct Taxes (CBDT) has clarified on the scope of disallowance on payments made...
Five things to expect on tax front from Budget 2015
With its massive drubbing in the Delhi Assembly Elections, the BJP government is likely to attempt t...