Author: P K Gupta

Assessment Procedure in Income Tax - Part II

P K Gupta Oct 11, 2019 0 1969

(1) Self-assessment u/s 140A –covered in part I (2) Summary assessment u/s 143(1)...

Assessment Procedure in Income Tax – Part I

P K Gupta Oct 11, 2019 0 1531

(1) Self-assessment u/s 140A (2) Summary assessment u/s 143(1) (3) Scrutiny assessment...

Type of income tax returns, Due date of filing of income...

P K Gupta Oct 11, 2019 0 1267

Appeals & Revision – provisions in Income Tax

P K Gupta Oct 11, 2019 0 6957

First appeal - To commissioner (Appeals) - u/s 246A Second appeal - To ITAT - u/s...

Specified domestic transactions and provisions of transfer...

P K Gupta Oct 11, 2019 0 2022

Section 92BA deals with specified domestic transactions and provisions of transfer...

Settlement of cases - in Income Tax

P K Gupta Oct 11, 2019 0 5932

The Central Govt. has constituted a Commission which is called Income-tax Settlement...

Taxation of Non Residents (NRI)

P K Gupta Oct 11, 2019 0 1383

Non- resident assessee in India is liable to pay tax on the following incomes: a)...

Collection and Recovery provisions - Income Tax

P K Gupta Oct 11, 2019 0 9712

Assessing officer shall serve upon assessee a notice of demand in form no. 7, when...

Various Frauds tactics used by fraudsters and Security...

P K Gupta Oct 3, 2019 0 2146

For Safety, awareness & clarity and to be free from banking frauds, below illustrative...

Internet Banking: Various payment methods available for...

P K Gupta Oct 3, 2019 0 1364

Various payment methods available for online payments: 1. Bank Transfers 2. e-wallets...