foreign exchange management
Foreign Exchange Management (Export of Goods & Services) Regulation 2015 Notified ! -What a Freelancer Must Know !

Most of tech savvy freelancers who are earning money on various job sites provides services [...]

20
Jan
reward to informer
No Reward to Informer for Income Tax Evasion Information !

Reward to informer was one very old policy of the Department of Revenue .However , [...]

11
Jan
tax deductio
Tax Deduction Savings Can be Up to Rs 2 Lakh From This Year Onwards!

This is a good news for everyone , specially salary class and common taxpayers who [...]

08
Jan
transfer of scrutiny case
How Scrutiny Case Transfer by ITO to DC/AC Circle Suo Moto May Make Assessment Order Illegal !

It may just happen to you that you are filing your return with Income Tax [...]

30
Dec
scrutiny notice u s 1432
Got Scrutiny Notice u/s 143(2) During FY 2015-16 ? CBDT Issues Instruction to Help You !

Have you given attention to the scrutiny notice served during FY 2015-16 ? You may [...]

29
Dec
Rule 37BB1 1
No Form 15CA /15CB if Income is Not Chargeable to Tax ! Further Upto 5 Lakhs, Now Part A Only Required

The government has eased rules of TDS under section 195 of the Income Tax Act [...]

17
Dec
PAN Rules
New PAN Rules : Some Good & Some Bad !

The government has changed the Rule 114B of the Income Tax Rules effective from 1st [...]

16
Dec
appeal
Govt Withdraws Appeals for Tax Affect Below Rs 10 Lakhs , HC Rs 20 Lakhs & SC Rs 25 Lakhs

In a very welcome move, government has decided that all appeals t Income Tax Appellate [...]

11
Dec
Meaning of “Is found”
12/06/2015

Case Name : Hindustan Construction Co. Ltd. Vs. V.S. Gaitonde, ITO Citation :[1965] 56 ITR [...]