Table of Contents
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[Section
206C(3B)]- Correction Statement of TCS for rectification of mistake As
per Section 206C (3B), the person collecting the TCS referred to in proviso to
section 206C(3) may also deliver…
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Income Tax
Assessment Procedure in details 1. Self-Assessment
[Section 140A] before Submitting Return of Income Every person, before
submitting a return of income under: (i)
…
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Taxability -
Income from Other Sources [Sections 56 to 59] 1.
Section wise Table – Income from Other Sources Sections Particulars 56 Income
from Other Sources 56(1) Chargeability 56(2) Specific…
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Penalties &
Prosecutions under Income Tax Act. 1. Penalties
under Income Tax Act. The various defaults in respect of which Penalty can be
imposed by the Income…
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Deductions from
Gross Total Income for computing Taxable Income 1.
[Section 80CCC]- Deduction in respect of Contribution to certain Pension Fund
Essential Conditions for Claiming Deduction under this Section…
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Interest Payable
By / To Assessee under Income Tax Act 1. [Section
234A]- Interest Payable by the Assessee for default in furnishing Return of
Income U/s 139(1) The assessee…
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[Section 30 to
37]- Expenses Allowed as a Deduction for computing Income under ‘Profit &… 1.
[Section 30]- Rent, Rates, Taxes, Repairs and Insurance for Buildings –
for computing Profit & Gains of Business or…
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[Section 195]-
TDS on Payment to a Non-Resident 1. TDS on income
of Non-Resident: Any person responsible for paying to a non-resident, not being
a company, or to…
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Taxation In
Companies - Company Taxation 1. [Section 6(3)]-
Definitions & Types of Companies with Residential Status (1).
Definition and Types of Companies 1. Company: As…
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Assessment and
Audit under CGST Act, 2017 Word “Assessment” has been defined
in Section 2(11) of the CGST Act, 2017. As per Section 2(11), Assessment means
determination…
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Payment of GST
in GST Regime by Incometaxmanagement.in July 17, 2021 1.
Types of Payments to be made in GST Regime For any intra-state supply For any
interstate supply Taxes to…
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GST Return under
GST Act. by Incometaxmanagement.in August 11, 2021 A
GST Return is a summarised statement furnished by the tax payer to the tax
administrators containing details of specified…
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Assessment and
Audit under CGST Act, 2017 by Incometaxmanagement.in August 11, 2021 Word
“Assessment” has been defined in Section 2(11) of the CGST Act, 2017. As per
Section 2(11), Assessment means determination…
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[Section
206C(3B)]- Correction Statement of TCS for rectification of mistake by Incometaxmanagement.in June 15, 2021 As
per Section 206C (3B), the person collecting the TCS referred to in proviso to
section 206C(3) may also deliver…
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Investment
Planning for Tax Savings by Incometaxmanagement.in June 24, 2021 1.
Investment in Sukanya Samriddhi Yojana (SSY) The Sukanya Samriddhi Yojana
interest rate for January to March 2020 (Q4, FY…
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Return of Income
[Section 139 to 140] by Incometaxmanagement.in July 21, 2021 1.
[Section 139(1)]- Submission of Return of Income According to section 139(1),
the following persons are required to furnish return…
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[Section 195]-
TDS on Payment to a Non-Resident by Incometaxmanagement.in June 17, 2021 1.
TDS on income of Non-Resident: Any person responsible for paying to a
non-resident, not being a company, or to…
·
Income Tax
Assessment Procedure in details by Incometaxmanagement.in July 21, 2021 1.
Self-Assessment [Section 140A] before Submitting Return of Income Every person,
before submitting a return of income under: (i)
…
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Appeals &
Revisions under Income Tax Act. by Incometaxmanagement.in July 19, 2021 1.
First Appeal Filed by the Assessee The first appeal against the order of
Assessing Officer shall lie to the…
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Assessment of
Limited Liability Partnership (LLP) by Incometaxmanagement.in June 20, 2021 1.
Taxation of Limited Liability Partnership (LLP) The Limited Liability
Partnership Act, 2008 has come into effect in 2009. Taxation…