Category: INCOME TAX
TDS on Recurring Deposits from June 1
TDS on recurring deposits from June 1 force investors to close down deposits prematurely
NEW DELHI: Days after the Budget announced that tax deduc [...]
Details of provision for Income Tax, TDS, Exemption limit in Budget 2015-16 – Finance Bill 2015
FINANCE BILL, 2015
PROVISIONS RELATING TO DIRECT TAXES
Introduction
The provisions of the Finance Bill, 2015 relating to direct taxes seek to [...]
No Change in the Rate of Personal Income-Tax and The Rate of Tax for Companies on Income in Financial Year 2015-16
Press Information Bureau
Government of India
Ministry of Finance
28-February-2015 13:07 IST
No Change in the Rate of Personal Income-Tax and The [...]
Personal Income Tax exemption may go up to Rs 5 lakh: Financial Express
Personal Income Tax exemption may go up to Rs 5 lakh
The Budget FY16 may carry an assurance, possibly fortified by a new insertion into the Income Tax [...]
Income Tax Expectations – Assocham Survey: Here’s What India Wants
Income Tax Expectations: Here's What India Wants - NDTV
A survey carried out by industry body Assocham has found that a majority of salaried employe [...]
Budget 2015: Income tax expectations for the salaried from PM Narendra Modi’s government
Budget 2015: Income tax expectations for the salaried from PM Narendra Modi's government
The Narendra Modi government is all set to present its s [...]
Chargeability of Interest on self-assessment tax paid before the due date of filing of return of income
Chargeability of Interest on self-assessment tax paid before the due date of filing of return of income-
Circular 2/2015
F. No. 385/ 03 /2015-IT(B) [...]
Standard Operating Procedure for Prosecution in Cases of TDS/TCS Default
STANDARD OPERATING PROCEDURE FOR PROSECUTION IN CASES OF TDS/TCS DEFAULT
Introduction:
1.1 As per the Income Tax Act, all cases where TDS/TCS is de [...]
What not to do for tax exemptions, deductions to stay
What not to do for tax exemptions, deductions to stay: Financial Express
The Income tax Act, 1961 (the Act), provides for certain deductions [...]
Incomes not included under the Head Salaries (Exemptions) – Income Tax on Salaries Circular 17/2014
5.3 INCOMES NOT INCLUDED UNDER THE HEAD "SALARIES" (EXEMPTIONS)
Any income falling within any of the following clauses shall not be included in compu [...]