Income Tax

Narendra Kumar

04 Feb, 2021

Finance Minister Nirmala Sitharaman presented her first Union Budget on 5th July 2019 and added new Section 194N in the present Income Tax Act, 1961. The U...

Narendra Kumar

08 Nov, 2019

The Shareholder is the one who invests in the Company by purchasing the shares from the open market or through the transfer of shares. The Company in retur...

Akash Dubey

31 Oct, 2019

There are various queries in the mind of taxpayers ever since the new ITR forms came into effect for the financial year 2018-2019[1] and assessment year 20...

Akash Dubey

26 Aug, 2020

There is a considerable pendency of litigation appeals of the Income Tax Department pending before tribunal authorities. The CBDT (Central Board of Direct...

Narendra Kumar

18 Dec, 2020

Income tax Return is a form through which an individual informs the Government about his Annual Income earned and applicable tax paid to the Government by...

Akash Dubey

27 Aug, 2020

The nonresident taxpayers are allowed ITR exemption on IFSC investments as per the notification issued by the Central Board of Direct Taxes (CBDT[1]). The...

Akash Dubey

25 Jul, 2019

In a recent notification, the Deadline for ITR Filing has been extended to August 31st, 2019 from the due date of July 31st, 2019. The ITR filing date has...

Akash Dubey

21 Feb, 2020

The Income Tax collection system can be traced back to be continuing from the period of ancient civilizations. Interestingly, the history of  Income t...