#income tax act
Log in to FollowThe income tax act defines Income tax and laws related to income tax. It covers income tax levy, collection, administration, and recovery. Income tax acts and income tax laws get changed/updated from time to time. Read our Latest News and Updated on the Income-tax act and Articles on the income tax act to understand the income tax act and its sections. Read our articles to understand income tax act section 10, income tax act section 24, income tax act section 54, income tax act section 80c, income tax act 44ad, income tax bare act, etc.

Salary paid in cash to employees posted at Rigs for more then 15 days can not be disallowed

No tax on Foreign telecom firms for carrying calls abroad: AAR

Union Budget 2009- Amendments proposed in respect of charitable Trusts

Amendments made in union budget 2009 in section 80IB (10) related to Housing Projects

New Pan Provisions Very Harsh; Even non- residents need to Comply new provisions

Notification No. 56/2009 – Income Tax Dated 9/7/2009

Notification No. 57/2009 – Income Tax Dated 9/7/2009

Budget aimed at Rationalisation of provisions related to TDS

Limit for Liability to pay advance tax increased to 10000 from existing 5000

Payment in cash to transporters upto 35000 allowed from 01.04.2009

CA been allowed to do Excise Audit, Cost Accountant fear their profession may become redundant

Government merged the Authority for Advance Rulings (AAR) for direct and indirect taxes

TRO may enquire in respect of benami property for recovering the outstanding demand of the assessee

