Key Changes to ITR-1 & ITR-2 for FY 2018-19 The new Income Tax Return (ITR) forms for AY 2019-20 have been… Komal ChawlaPosted on May 15, 2019May 15, 2019
IT Raises Tax Rebate instead of Exemption Limit The income tax department raised the rebate available under section 87A to… Komal ChawlaPosted on May 15, 2019May 20, 2019
If you are a resident taxpayer, report all your foreign assets in ITR Taxability of income in India depends on the residential status of the… Komal ChawlaPosted on April 24, 2019May 2, 2019
Inheritance tax under the new Direct Tax Code – a possibility? The current income tax law (Income Tax Act, 1961) is due for… Sweta DugarPosted on April 23, 2019April 25, 2019
Finance ministry may tweak foreign taxation rules to widen tax base The Ministry of Finance (MoF), India is all set to revamp its… Komal ChawlaPosted on April 22, 2019April 22, 2019
Incomes from equity investments – ascertain their income-tax impact Equity investments are characterised by high risk and high return. Statistics have… Sweta DugarPosted on April 22, 2019April 22, 2019
New format for salary TDS notified by CBDT The Central Board of Direct Taxes (CBDT) has notified amendments in the… Sweta DugarPosted on April 17, 2019April 22, 2019
Disclosure of details of other income in ITR-1 for AY 2019-20 (FY 2018-19) The income tax return forms for AY 2019-20 have been notified. ITR-1… Sweta DugarPosted on April 11, 2019April 11, 2019
Holding period of house starts from date of allotment: ITAT The Income Tax Appellate Tribunal (ITAT), Mumbai bench, has recently held that… Komal ChawlaPosted on April 9, 2019April 9, 2019
India and Netherlands to amend bilateral tax treaty After the successful renegotiation of bilateral tax treaties with Mauritius and Singapore,… Krishnan MenonPosted on April 8, 2019
