chartered-accountant-salary

Download ICAI IPCC, CA Final Admit Card Nov 2014

CA IPCC and CA Final Admit Card for Nov 2014 Exams have been released are expected to be issued by ICAI 21 days before the Exams. The Admit Card for CA… Read More

Tax-on-kbc

Tax on KBC Prize Money & other TV & Online Game Shows

With the massive success of KBC in India, many channels have launched various game shows and award the winning contestants a good amount of money. In fact, these days a… Read More

long-term-capital-gain

Capital Gains Account Scheme: Features & Tax Benefits

The profit that arises on the sale of any property is referred to as Capital Gains and is chargeable to tax.  (Refer: Computation of Tax on Capital Gains) Govt also… Read More

Income-Tax-Return

Penalty for Late Filing of Income Tax Return

Income Tax Return is required to be furnished before 31st July/ 30th Sept of the Assessment Year. However, if the return is not filed before the due date, interest and… Read More

long-term-capital-gain

Capital Gain Bonds of NHAI & REC to save Tax

The Gains that arise on the sale of a Long Term Capital Asset are known as Long Term Capital Gains and Capital Gains Tax is levied on such gains. However… Read More

Section-94A-Income-Tax

Section 148 – Income Escaping Assessment

Before making the assessment/reassessment or re-computation under Section 147, the assessing officer shall serve on the assessee a notice requiring him to furnish a return of his income or income… Read More

income-tax-intimation

Section 154 – Rectification of Mistake by Tax Authority

It may be possible that an Income tax authority may commit a mistake while passing the order of assessment, appeal, revision etc. With a view to rectifying any mistake, apparent… Read More

capital-loss

Filing Income Tax Return in case of Loss: Section 139(3)

The provisions of filing of income tax returns in case of Loss are governed by Section 139(3) of the Income Tax Act which states that in case a taxpayer has… Read More

tax-on-sale-of-property

Service Tax on Air Travel Agent & Tour Operator

Service Tax in India is levied on all types of services except a few specified services mentioned in the Negative List of Services. Service Tax on Air Travel Agents &… Read More

exemption-service-tax

Place of Provision of Service Rules 2012

Place of Provision of Service Rules 2012 help in determining the place from where the Service shall be deemed to be provided and the chargeability of Service Tax on such… Read More

Page 1 of 3112345...102030...Last »