Tag: advance tax

Deadline For Income Tax Returns Filing

TAX- Deadline For Income Tax Return Filing Only 12 Days Left

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While a generous number of wage citizens may have cleared their salary charge (I-T) obligation for the evaluation years 2016-17 and 2017-18, yet the ones who have not paid up ’til now can at present do as such by documenting the late wage returns (I-T). In a perfect world, the salaried people are relied upon […]

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income tax

BLOG- BASIC PRINCIPLES OF INCOME TAX LAW

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1.  Constitutional Provisions: The Constitution of India vests the Parliament with plenary legislative powers to impose taxes on matters specifically enumerated in the Union List and all the power of making any law imposing a tax not mentioned in Concurrent or State Lists, as provided by Article 248(2).  “Tax on income” is defined in an […]

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