Direct Tax/ Income Tax Archive
A Comprehensive update on Notification No. 95/2015 dated 30.12.2015 relating to rule 114E u/s 285BA (Annual Information Report) IT-Update on Rule 114E By:- CA Rajiv Kr. Jain +91-9810288997 rajivkjain0608@gmail.com
Changes in TDS/ TCS Rates and Thresholds w.e.f. 01.06.2016 Depicted in the attached table: IT-Revised Tabular Update on TDS-TCS-Advance Tax By:- CA Rajiv Kr. Jain +91-9810288997 rajivkjain0608@gmail.com
A comprehensive note on amended Rule 12 of Income Tax Rules, w.e.f. 01.04.2017, related to Income Tax Returns is discussed in the attached document. Update on IT Rule 12 & ITR Forms (AY 2017-18) By: CA Rajiv Kr. Jain +91-9810288997 rajivkjain0608@gmail.com
A note on restrictions imposed on cash transactions vide Section 269ST of the Income Tax Act, 1961 w.e.f. 01.04.2017 is discussed in the attached document. IT-Update on Section 269ST By: CA Rajiv Kr. Jain +91-9810288997 rajivkjain0608@gmail.com
As we all know, it is indeed a common practice to accumulate wealth without payment of legitimate taxes. Such type of unaccounted wealth or money is generally called ‘Black Money’. It is also very much common to park such type of black Money in movable/immovable properties in the names of other persons. In India, this …