How does the taxation of dividend works?, There has been confusion since many days in the minds of the readers about how the dividend is taxed in India, whether it is taxed by the company which is paying or to the person to which they are paying to. I have clarified the same by way of […]
Category Archives: Income Tax
Income Tax
25
Jan
Jan
Loans and deposits u/s 269SS and Section 269T. There are many provisions in the income tax act to curb tax evasion and flow of black money. Section 269ss is of such type. In this article you can find all details related to Loans and deposits u/s 269SS and 269T like – Complete Details for Section 269SS, […]
24
Jan
Jan
Income Tax – Sources, Basics & Important Concepts. Hi Friends here we are providing Some Basic Details for Income Tax Like – What is Income Tax? [Sec.4], Sources of Income – Tax Law, What is Gross Total Income and Total Income? [Sec.5] and Other Important Concepts Related to income Tax. Recently we provide complete details for How […]
11
Jan
Jan
Alternate Minimum Tax (AMT): AMT stands for Alternate Minimum Tax. Initially the concept of MAT was introduced for companies and progressively it has been made applicable to all other taxpayers in the form of AMT. In this part you can gain knowledge about various provisions relating to MAT and AMT. First of all we will understand the provisions […]
11
Jan
Jan
Everything You want to know about Minimum Alternate Tax. MAT stands for Minimum Alternate Tax and AMT stands for Alternate Minimum Tax. Initially the concept of MAT was introduced for companies and progressively it has been made applicable to all other taxpayers in the form of AMT. In this part you can gain knowledge about various provisions relating to […]
11
Jan
Jan
Dividend Distribution Tax – Meaning, Purpose, Calculation. As per the provisions contained in section 115-O (1) of the Income tax Act, 1961 any amount declared, distributed or paid by domestic company by way of dividends shall be charged to additional income tax at the rate of 15 per cent. Dividend for this purpose includes interim dividend […]
05
Jan
Jan
Corpus Fund – How this fund is created?. Corpus funds are of utmost importance from the point of view of income tax. Corpus funds represent the permanent funds maintained by any trust or institute for day to day survival and maintenance of the organization. Corpus Fund Hence, corpus funds are not meant for the attainment […]
05
Jan
Jan
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 ?. Today we are providing all solutions of these question and also tell full details […]
05
Jan
Jan
Know About Mediclaim Policy & Deduction Under Section 80D. Deduction for Medical Insurance Premium 2019 U/s 80D, Things You Should Know About A Mediclaim Policy & Deduction Under Section 80D. Mediclaim policies are the talk of the day. They help you financially when you fall ill. But, you also need to know details about the mediclaim […]
04
Jan
Jan
BitCoin Taxation in India: Bitcoin is an innovative payment network and a new kind of money. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the […]