Income Tax

How to get a PAN Card from abroad, Pan Card Application by NRI’s. Step By Step Guide For Pan Card Application By Nri’s. Getting a ‘PAN CARD’ is a simple process that can be done on-line. Please note that PAN card mailing overseas is…

Section 44AE of the Income Tax Act 1961: this article is about the relaxation provided to the heavy goods carriage owner having the heavy goods transportation of the goods under section 44AE of the Income Tax Act. This relaxation was given…

ITR-1 SAHAJ is a return form of income tax return for filling the compliances with the Income tax department in case of income from Salary, Income from one house property, and Income from other sources includes interest income or pension…

Charitable Trust Introduction and Registration, Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under the Income-Tax Act, inter-alia, exemption under section…

How to become an Income Tax officer?. An income tax officer is someone who deals with income tax matters concerning the Central Board of Direct Taxes (CBDT). The CBDT is a department of the Central Government of India which is responsible…

TDS on Non residents Section 195 - Any person (resident or non-resident) responsible for paying any sum chargeable under this Act (excluding income chargeable under the head “Salaries”) to a non-resident is responsible to deduct tax at the…

What is rebate under section 87A and who can claim it?. An individual who is resident in India and whose total income does not exceed Rs. 5,00,000 after deduction is entitled to claim rebate under section 87A. Rebate under section 87A is…

What is Franking ? Why Documents Need to be Franking ? This is important Question in Present Time. Everyone Ask What is Franking ? Why Documents Need To Be Franking? Only Banks Can Do Franking Or Other Firms Are Given Authority ?.…

Rejection of Books of Accounts by Assessing Officers: Assessing officers arbitrarily reject books of accounts without invoking provisions of section 145(3) of the Income Tax Act 1961 in a real spirit of law and arbitrarily mention section…

Government has enacted the Research and Development Cess Act of 1986 to provide for levy and collection of a cess on all payments made for the import of technology.Recently we provide complete details for professional…

Income Tax Benefits for Senior citizens, Benefits for Senior Citizens under Income Tax Act. Detail of benefits for Senior Citizens under Income Tax Act for the financial year 2018-19. In budget 2018 the finance minister announced some…

How to Tackle With Income Tax Notices. In this article you can find everything you want to know about How to tackle with income tax notices. Find details for Reasons behind getting Notice, Investments in the name of spouse, What qualifies…