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IT : Where assessee-management consultant was organising conferences and sponsorship money was paid to it after conceptualisation of conferences, it could not be said that assessee had undertaken to organize said conference at instance of sponsors and, hence, provisions of section 194C(2) could not be invoked | Company Law : Company Secretaries (Amendment) Act, 2011 - Notified date from which provisions of said Act shall come into force | Company Law : Cost & Works Accountants (Amendment) Act, 2011 - Notified date from which provisions of said Act shall come into force | Company Law : Chartered Accountants (Amendment) Act, 2011 - Notified date from which provisions of said Act shall come into force | IT/ILT : Section 144C of the Income-tax Act, 1961 - Dispute Resolution Panel (DRP) - Reference to - Constitution of DRP at specified places | IT : Section 143 of the Income-tax Act, 1961 - Assessment - General - Processing of returns of assessment year 2011-12 - Steps to clear backlog | ST : Cenvat Credit : Procedural irregularity in not registering units with LTU authorities can be rectified to extend benefit of LTU scheme | IT : No interest could be charged under section 234B where assessee had no liability to pay advance tax in view of fact that his entire income was subject to deduction of tax at source | IT : Section 54F exemption not available where builder not even allotted plot within 3 years | IT/ILT : Section 195(1) does not envisage deduction of tax at both instances, i.e., at time of credit of income to account of payee as well as at time of payment thereof | IT : Proviso to section 201(1) is to be applied only to negate possibility of imposition of penalty under section 221 and it would not absolve an assessee from being considered as an assessee in default
Tax Calculator

Income Tax Calculator

Lokpal & Lokayukta Bill 2011
Tax calculator helps you to calculate your tax liability based on your taxable income.
STEP 1
Select assessment year
STEP 2
Select type of Assessee
 
Income of Individuals as
STEP 3
Enter Net Income
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