Articles

TDS on Annual Maintenance Contract to Foriegn Company
in Income Tax by - manish sharma on 12th May'09

Dear All,Please let me know if a Annual Maintenance contract given to foriegn Company & the bill raised on us in foriegn currency than does the liability of TDS arise on it ,if yes than under whic...

Section 80 C of Income Tax Act, 1961 and FAQs
in Income Tax by - CA. Jatin Bansal on 30th January'09

Section 80 C of Income Tax Act, 1961 and FAQs Relevant part of the section 80 C is reproduced here under. "(xvii) as tuition fees (excluding any payment towards any development fees or...

TDS against NRI u/s 192B
in Income Tax by - sukanta Das on 21st January'09

Comments Question 1. Whether TDS is deductible U/s 192 for Non-Resident assessee? Clear reading of Section 192 says TDS can only be deducted under this section if and only if the incom...

Government looks at widening TDS ambit
in Income Tax by - sumit on 3rd November'08

With the growth in advance tax collections moderating this financial year, the revenue department is looking at widening the ambit of tax deducted at source (TDS) to cover more services like credit ra...

Tax planning for transfer of shares
in Income Tax by - feele on 21st October'08

Tax planning for transfer of shares To determine the tax liability in respect of sale of shares, its character, whether long term or short term, has to be ascertained first. V. K. Sub...

Professional Tax Law Changes from 1st of August 2008.
in Income Tax by - Harshananda.YR on 6th August'08

Professional Tax Law Changes from 1st of August 2008. If the employee of a Concern is earning gross salary of less than Rs.5000/- then the employer should not deduct the professional tax with eff...

Beneficial Ownership Under Income Tax Law
in Income Tax by - Prabhakar Vidiyala on 31st July'08

[1996] TAX LITERATURE/GENERAL TOPIC &nb...

Taxation of HUFs
in Income Tax by - Prabhakar Vidiyala on 31st July'08

ANNEXURE - IX [1995] 80 TAX...

10 important things to do before filing I-T returns
in Income Tax by - vikas Arora on 17th July'08

Sanjeev Sinha, Economictimes.comIt is that time of the year again when tax payers - particularly the salaried class - scramble to file I-T (income tax) returns.After all, filing of tax return is compu...

Simplified I-T Forms
in Income Tax by - Deepika Tyagi on 22nd May'08

Simplified I-T Forms Launched The Finance Ministry has introduced eight income-tax return forms for the assessment year 2007-08. Some forms are annexure-less and are amenable for electroni...