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“e-Sahyog” a pilot project of the Income-tax Department.

“e-Sahyog” a pilot project

Finance Minister launches the“e-Sahyog” pilot project of the Income-tax Department. The Income-tax Department is committed to the ‘Digital India’ initiative of the Government of India.The Finance Minister today launched an “e-Sahyog” pilot project which furthers the Department’s commitment to work in an e-environment and reduces the need for the taxpayer ...

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How to simplify Indian Income Tax Act? Part I

How to simplify Indian Income Tax Act

I have just finished one round of tax filing work for the financial year 2014-15. While going through the tax questions from the clients, I realized the complications and confusions created by the age old Income Tax Act. Incidentally, in today’s Economic Times, the new revenue secretary Mr. Hasmukh Adhia ...

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Service tax levy on services provided by a Goods Transport Agency – Clarification by the department vide circular no. 186 dated 5th Oct 2015.


The All India Transport Welfare Association (AITWA) has represented regarding the difficulties being faced by the Goods Transport Agencies (GTAs) in respect of service tax levy on the services of goods transport. Doubts has been raised by the All India Motor Transport Congress (AIMTC) regarding treatment given to various services provided by GTAs ...

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Guidance Note on Tax Audit under section 44AB of the Income Tax Act 1961 Revised 2014 Edition -Asst Year 2015-16


The “Guidance Note on Tax Audit u/s 44AB of the Income Tax Act, 1961- Edition 2014” issued by The Institute of Chartered Accountants of India (ICAI),  is one of the important guidance issued by ICAI and is referred not only by our Chartered Accountants but also by assessing officers and in various judicial forums. Revised guidance note ...

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How to Avoid demand Intimations from CPC (TDS)

Take Intermediate Communication received from CPC (TDS) seriously to avoid demand Intimations from CPC (TDS)

  As you may be aware by now that the Centralized Processing Cell (TDS) is informing you of PAN and Challan Errors, through an Intermediate Communication, during processing of Original Quarterly TDS Statements, before Defaults are finally computed and Intimations are generated.   On receipt of the above communication, you are ...

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