Tax Thoughts with Sukumar

  My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  Income Tax Tribunal Clarifies On Cash Deposits By Housewives Post Demonetisation Cash deposits of up to   ₹ 2.5 lakh by housewives post demonetisation will not come under I-T scrutiny as the   Income Tax   Appellate Tribunal (ITAT) has held that such deposits cannot be treated as income of the assessee. Ruling on an appeal filed by an individual,   the Agra bench of ITAT said the order would act as a precedent for all similar cases.  The appellant, a housewife Uma Agrawal of Gwalior,   had declared total income of   ₹ 1,30,810 in her income tax return filed for fiscal 2016-17.   However, post demonetisation,   the assessee deposited the   ₹ 2,11,500 cash in her bank account. The case was selected for scrutiny assessment, during which the assessee was asked to explain the cash deposit of over   ₹ 2.11 lakh.   The assessee had explained that   she had coll

  My Dear readers, followers, taxpayers & clients,   Welcome to my blog. Get yourself update with changes in tax structures.  Coming back after a long time...     Many of my clients and well-wishers asked me that, how could I work for 13 to 14 hours? So I have decided to write a blog on this.    There is no special formula or thing behind this. Many of you have already following these secretes. But who does not know about it, then this blog may help them. Secrets Behind My Daily 13 to 14 Hours Working Without Any Laziness……… 1)           Work Is A Worship:-      I always believe in the quote said by Shri. Swami Vivekanand that, “When You Are Doing Work, Do It As A Worship And Devote Your Great Efforts To It For The Time Being.”      By following this quote, every day I do my work (Whatever it is) as worship and with great happiness.   2)          Always Be Become Self-Dependent:-      Never depend on anyone more than you need. Otherwise, you unnecessarily give too