Amit Kedia After end of every Financial Year, i.e. after 31st March Income Tax Department under the guidance of Finance Ministry of GOI issues different Income Tax Return for every class of assesse. In total 7 different ITRs have been notified by the Income Tax so far. As per the... Read More
By Karthikeyan Sakthivel under the guidance of CA. T. G. Suresh 1Harbinger Presumptive taxation in general involves the use of indirect methods to ascertain the tax liability which differs from the usual rules for ascertaining the tax liability. The term... Read More
Sections 194R,194N,194S,194Q TDS or Tax Deducted at Source is income tax reduced from the money paid at the time of making specified payments such as rent, commission, professional fees, salary, interest etc. by the persons making such payments. Section... Read More
“Where any Central Act enacts that income-tax shall be charged for any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that year in accordance with, and subject to the provisions (including provisions for the levy of additional income-tax)... Read More