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Govt must reintroduce Standard Deduction

30 January 2013

For computing the taxable income, except salary, under all other heads, namely ‘Income from house property’, ‘Profits and gains of business or profession’, ‘capital gains’, ‘Income from other sources’, all the expenses incurred wholly and exclusively for earning the income are allowed as a deduction. On the contrary, the salaried employees, who constitute a huge chunk of the total Read more...

Forthcoming Budget must look into anomalies of tax on dividend

15 February 2013

THE progressive rate of taxation is one of the cardinal principles of taxation, charging more tax from the rich, moderate rates from the middle class and excluding the poor and the marginalized altogether from direct tax net. It is based on the principle, “from each according to his capacity.” However, this principle has been given a go bye in the recent past. One such case in point is the tax Read more...

Dear FM, kindly show mercies to widows, physically challenged & pensioners

23 February 2013

AN area that needs a relook by the Central Government and calls for some relief is taxation of interest income on savings and fixed deposits from banks. For 2012-13, interest earned up to Rs 10,000 in saving bank accounts has been exempted from tax. However, interest income from other kind of deposits such as those from term deposits, fixed deposits, recurring deposits are however not exempted fro Read more...

Budget Analysis: A rocky road lies ahead

04 March 2013

The Union Budget 2013-14 presented by the finance minister P. Chidambaram taking into account the inflation of about 10 per cent has given tax credit of Rs 2,000 for persons having income between Rs 2 lakh and Rs 5 lakh. By this logic, the persons having taxable income of Rs 5 lakhs should have been given tax credit of Rs 5,000. Thus, the taxpayers in the income bracket of Rs 2.2 lakh to Rs 5 lakh Read more...

Social Audit of Income – Tax Department

16 April 2013

1. Recently there were news reports regarding searches by the CBI at the residences of the officers of the Income Tax Department. Further there was a news report of Press Trust of India published in the Indian Express, Ahmadabad Edition on 17th January 2013 - under the heading “Lewd remarks: I-T Officer told to undergo psychological tests.” 2. The editorial published in the Indian Express Read more...

Re-Look on the working of the Centralized Procession Center (CPC)

04 October 2013

In the case of Vaghijibhai S. Bishnoi vs. Income Tax Officer & 1 (Special Civil Application No. 6726 of 2013 dated 09-07-2013), the Hon’ble Gujarat High Court has examined the issue of processing of return filed electronically and subsequent issue of refund. On examination of the records, it was found that though Form 26AS available on the net clearly reflects the amount of TDS paid, yet Read more...

Exemption of house Rent Allowance U/s 10(13A)

04 October 2013

In a recent decision dated 12-07-2013, the ITAT Ahmadabad Bench ‘C’ in the case of Bajrang Prasad Ramdharani vs. ACIT, Circle-14, Ahmadabad [2013] 37 186 (Ahmadabad-Trib.) has held that the rent paid through bank transfers by the assessee as tenant to his wife who was landlord and both were living together, would be entitled to exemption u/s. 10(13A) of the I. T. Act, 1961. Read more...

© 2012 Centre for Tax Awareness and Research Design and Developed by

During my 37-year-old career with Income Tax department, I moved from place to place, post to post. For me, every posting was a challenge, and at the same time an opportunity to deliver.

After my retirement as Chairman of Central Board of Direct Taxes, I was invited by various institutions and NGOs to deliver talks on tax matters. While advising taxpayers across sectors, I noticed, our vast salaried class including armed and paramilitary forces, pensioners or senior citizens, NRIs, professionals and small business establishments need the right guidance. Most taxpayers do comply with their tax obligations fully. Yet, they are not somehow relaxed and are burdened with anxieties. A large number of taxpayers are not even aware that getting tax refund on time is a basic right.

In one such meeting, a middle-aged man quizzed me why could not I give tax advice 24X7. For a moment, I had no answer. He then added that I should give tax solutions online so that he does not need to come from a remote place to attend my lecture. I thanked him for his suggestion.

For a while I was restless. Already I had got myself enrolled as a Member of the Bar Council of Delhi and as an Advocate of Delhi High Court Bar Association, thanks to my law degree from the University of Allahabad. Yet, I was not sure how I could help the vast majority of taxpayers who somehow maintain a safe distance from the taxmen. I then tossed the idea of creating a tax think-tank with some of my former colleagues and highly spirited individuals. All of us immediately agreed on one count: millions of Indian taxpayers expect to access tailor-made tax research materials and seek guidance from those who have been parts of the tax machinery for decades.

That is how CTAR was born. So, be a part of our passionate journey to explain tax laws and rules in simpler words. Just drop us a few lines on any query related to direct and indirect tax or FEMA. We are at your assistance. We also look forward to hearing your experiences while dealing with the system.