Tags » Income Tax Act

Pension and Gratuity Taxation Issues

Pension and Gratuity may be two different things, but they do have something in common. Both of them are rewards for an employee’s hard work and time given to his or her organisation. 479 more words

How to Avoid Income Tax Penalties

Under the Income-tax Act, penalties are levied for various defaults committed by the taxpayer. Some of the penalties are mandatory and a few are at the discretion of the tax authorities. 1,020 more words

Government of India notifies ITR-1, ITR-2, ITR-2A and ITR-4S to be filed for AY 2015-16

Government of india has notifies new forms for filling the income tax returns for assesment year 2015-2016.

 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 305 more words

Standard Practice Software Development: Hypercube Inc vs. Her Majesty The Queen

Hypercube Inc vs. Her Majesty The Queen demonstrates how the CRA apply standard practice or routine engineering to deny weak software development claims.

Analysis:

I’ve broken down the case by the  832 more words

SR&ED

Canada's complicated tax rules fail to recognize that a 'buck is a buck'

Having just gone through tax filing season, Canadians can breathe a sigh of relief, at least temporarily, as they wait for the Canada Revenue Agency to determine whether it accepts their returns as filed. 912 more words

Legal Post

CHIEF COMMISSIONER OF INCOMETAX AND AN ITO ARRESTED BY CBI AT JODHPUR

Ultimately, after the long interrogation, Chief Commissioner Of Income-tax, Jodhpur, Pawan Kumar Sharma and ITO Shailendra Bhandari have been arrested on 01.04.2015 in the matter of corruption / bribe of Rs. 60 more words

INCOME-TAX

CBI TRAPPED Rs. 15.00 LACS AND BOOKED INCOMETAX OFFICER (ITO) & CHIEF COMMISSIONER OF INCOMETAX (CCIT) AT JODHPUR

As per the news published in almost all local news papers of Rajasthan, CBI Jodhpur caught raid handed Rs. 15.00 Lacs  for which  Incometax Officer, Shailendra Bhandari and Chief Commissioner Of Incometax, Pawan Kumar Sharma at Jodhpur (Rajasthan) have been booked by the CBI, Jodhpur. 30 more words

INCOME-TAX