Blog Categories
All Posts
Accounting Standard 9
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 1
Virtual Webinar 4
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Income from other sources - a residuary head of income under the Income-tax Act, 1961
Income from other sources - a residuary head of income under the Income-tax Act, 1961Income from other sources is a residuary head of income i.e. income not chargeable under any other head, and which is not excluded from...
Modes of Creation of HUF (Hindu Undivided Families)
Modes of Creation of HUF (Hindu Undivided Families)How HUF comes into existenceA Hindu male with his wife and children automatically constitutes the HUF. The HUF is a creature of Hindu Law. It cannot be created by acts o...
Rights and Duties of Income Tax Department during Search and Seizure operation
Rights and Duties of Income Tax Department during Search and Seizure operation[A] Income Tax Department - Rights Following are the rights of the officer to whom a...
Taxability of Specified Agreement under the provisions of Section 45(5A) of the Income Tax Act, 1961
Taxability of Specified Agreement under the provisions of Section 45(5A) of the Income Tax Act, 1961Sub-section (5A) was inserted in section 45 of the Income-tax Act (the Act) with effect from 01.04.2018, i.e., from the ...
Rights and Duties of Persons Searched during Income Tax search and seizure operation
Rights and Duties of Persons Searched during Income Tax search and seizure operationTo face the situation efficiently, it is extremely important to understand some of Income Tax law on the subject. Lack of knowledge lead...
Taxability of Specified Agreement under the provisions of Section 45(5A) of the Income Tax Act, 1961
Taxability of Specified Agreement under the provisions of Section 45(5A) of the Income Tax Act, 1961Sub-section (5A) was inserted in section 45 of the Income-tax Act (the Act) with effect from 01.04.2018, i.e., from the ...
Income Tax Survey - An Introduction
Income Tax Survey - An IntroductionAs we are aware that the Income Tax Department may take recourse to the provisions of sections 132 and 133A and to verify whether the Income-tax Returns filed/to be filed by an assessee...
Historical and legislative background of powers of Search & Seizure under the Income Tax Law
Historical and legislative background of powers of Search & Seizure under the Income Tax LawUnder common law, a house of a citizen was considered as his castle and nobody including the State could invade the privacy ...
Income Tax Rebate under section 87A of the Income-Tax Act, 1961
Income Tax Rebate under section 87A of the Income-Tax Act, 1961Section 87A of the Income Tax Act, 1961 provides that an assessee, being an individual resident in India, whose total income does not exceed five hundred tho...
SET OFF OR CARRY FORWARD AND SET OFF OF LOSSES UNDER INCOME TAX [SECTIONS 70 to 80]
SET OFF OR CARRY FORWARD AND SET OFF OF LOSSES UNDER INCOME TAX [SECTIONS 70 to 80]What is set off of lossesThe adjustment of losses from one head against the income, profits or gains of any other head of income during t...