Income Tax Return

Aug 28, 2015 at 12:33 | Source: Moneycontrol.com
Never confuse between pre-tax returns and post tax- returns. Also compare returns taking into account the tax slab the individual falls in.
Aug 27, 2015 at 21:50 | Source: CNBC-TV18
In 2011, Blackstone Mauritius sold 66.29 percent and Barclays Mauritius sold 12.75 percent of equity in SKR BPO to Serco. SKR-owned 100 percent of BPO service provider Intellenet and 20 percent of another BPO Sparsh.
Aug 27, 2015 at 18:12 | Source: Moneycontrol.com
HUF is a separate person for the purpose of tax. It has a PAN, assets and income. Separate income tax returns need to be filed for HUF
Aug 26, 2015 at 15:09 | Source: Moneycontrol.com
Kotak Mutual Fund announces change in fund managers, with effect from August 25, 2015.
Aug 24, 2015 at 21:57 | Source: PTI
The board members, which include the nominees from the government and the RBI as also independent members, were also apprised of the action initiated by Sebi against those suspected to be evading taxes and laundering black money through stock markets.
Aug 24, 2015 at 12:35 | Source: Moneycontrol.com
Not all gifts attract income tax. Know the rules that decide tax treatment of gifts.
Aug 24, 2015 at 10:35 | Source: Moneycontrol.com
It not only allows you to invest at regular intervals but also enhances returns as the cash is invested in liquid funds, which generally offers better returns than savings bank account.
Aug 22, 2015 at 16:06 | Source: PTI
"The Shah report in fact has come out. I believe they have said the Minimum Alternate Tax (for the period before April 1, 2015) issue should be resolved quickly, which I think will be positive for the market...," he told reporters at the launch of 'Innofest' at the Indian Institute of Science here.
Aug 21, 2015 at 20:00 | Source: PTI
Squaring off is a trading style used by investors/traders mostly in day trading, in which a trader buys or sells a particular quantity of an asset in the hope of earning a profit.
Aug 21, 2015 at 15:25 | Source: PTI
The Securities and Exchange Board of India (Sebi) found that there were several entities which consistently suffered significant losses and others who consistently made significant profits by executing reversal trades in stock options on BSE.
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Tax Planning & Help  

Source:VC Circle - Delhi-based ClearSharp Technology Pvt Ltd, owner of ClearTax.in, an online platform for income tax returns in India, has secured an undisclosed amount in funding from Silicon Valley-based startup accelerator Y Combinator (YC). This is YC's first

2.16 PM Jun 26th 2014

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High taxes  

Source:NDTV Profit - For filing income tax returns online, a paper copy of the Income Tax Return Verification (ITRV) form should only be sent through "speed post" to the Central Processing Centre (CPC) of the Income Tax Department in Bengaluru, according to a senior official.

5.25 PM Mar 31st 2014

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Source:Economic Times - NEW DELHI: E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of 40 per cent

11.09 AM Mar 25th 2014

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High taxes  

Source:NDTV Profit - E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of

10.47 AM Mar 25th 2014

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Politics  

Under Section 13A of the Income Tax Act, political parties are exempt from paying Income Tax but are required to file their Income Tax returns annually to the Income Tax Department. They enjoy 100% tax exemption from all sources of income. Political parties registered with the Election Commission

8.49 PM Feb 28th 2014

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Chat transcripts from Balwant Jain. Question guest: My total annual income from Bank FDs is less than 2.00 lac. Last year I filed IT return to claim TDS refund. Is it mendatory for me to file IT return this year? Answer: You have to file your income tax return only if your total income from all

6.10 PM Feb 26th 2014

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TAX: The Income Tax Department has sent letters to 50,000 permanent account number holders who have not filed income tax returns.

10.39 AM Feb 24th 2014

PharRiyanI

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Tax Planning & Help  

hello lakhotiaji, i have received a notice from I-t department for non filing of income tax returns, for A.Y.2010-11 because of share trans done in that year, but in the notice no section has been mentioned. What should we understand form this & what should be done. thanks

2.42 PM Feb 21st 2014

missunivers
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MF & Taxes  

What our Constitution pomotes is chinddee chor... it means all these Corruption goes on & on .. all govt servants to be perfect asks all citizens not to miss small small items with their filing of all income tax returns also all these TDS on very small amounts only gives birth to corruption & more

11.12 AM Feb 14th 2014

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Legal  

Source:Economic Times - NEW DELHI: In a setback to Tamil Nadu Chief Minister J Jayalalithaa, the Supreme Court today refused to discharge her and her associate S Sasikalaa from three cases against them for not filing income tax returns from 1991-94 and set a time limit of four months to complete

2.52 PM Jan 30th 2014

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