KEY ASPECTS OF FINANCE ACT 2018, APPLICABLE FROM 1st APRIL 2018
Key aspects of Finance Act 2018 applicable from 1st April 2018 Let us know about some significant proposals mention in…
Month: March 2018
No Tax, on amount received from family arrangements.
The Tribunal had to consider whether the property acquired by assessee through memorandum of family arrangement cum compromise deed dated…
Whether 31st march 2018 could be extended?
march 31 date extended Whether CBDT is empowered to extend the 31st march 2018 deadline date? As usual, the income…
Taxpayer opted out of section 44AD cannot opt in for the next 5 years: Interesting Income Tax
query on IT return Query from the Reader of www.thetaxtalk.com I have partnership firm . I had not filed my…
Query- Whether Pension Income of Ex-MLA or Ex-MP is taxable and if it is taxable under which head it is to be taxed ?
Query from the Reader of thetaxtalk.com Whether Pension Income of Ex-MLA or Ex-MP is taxable and if it is taxable…
CBDT’s Instructions is binding on the AO
cbdt unstruction Transfer Pricing : CBDT’s Instruction No. 3/2003 is binding on the AO. Consequently, the ALP of international transactions…
Are you considered following precaution while closing books of Accounts?
closing books of Accounts Are you considered following precaution while closing books of Accounts? In this article we are trying…
Background information and Salient Feature of Gratuity Bill 2017
Background information and Salient Feature of Gratuity Bill 2017 “A long awaited change, much expected to bring private sector employees…
Tribunal orders are binding on the Tribunal unless set-aside or stayed.
Section 254(2) : Tribunal orders (in sister concern’s case) are binding on the Tribunal unless set-aside or stayed. A rectification…
Prosecution by Income Tax Department !!
Income Tax Department Prosecution by Income Tax Department !! Income Tax Department [button color=”” size=”” type=”round” target=”” link=”https://thetaxtalk.com/”]home[/button] [button color=”” size=””…
All about National Pension Scheme (NPS):
National Pension Option beyond Section 80C & 80D: Being in the last quarter of the financial year, lot many taxpayers…
Why you should purchase Tax Saving Bond u/s 54EC before 31st March 2018?
Section 54EC is one of the most preferable sections for saving tax arising from transfer of any long term capital…
Forget genuineness, accepting cash of Rs. 2 Lakh and more attracts Penalty: Courtesy- Section 269ST
Forget genuineness, accepting cash of Rs. 2 Lakh and more attracts Penalty: Courtesy- Section 269ST “In India, the quantum…
Prosecution proceeding is common in Europe & America !! India now taking steps forward !
Prosecution proceeding in India Prosecution proceeding is common in Europe & America !! India now taking steps forward ! Prosecution…
What if you forget to verify your Income Tax Return?
What if you forget to verify your Income Tax Return? Have you filed your ITR and forget to verify it?…
31st March- Last Chance to file Income Tax Return for FY 2015-16 & 2016-17
Income Tax Return 31st March- Last Chance to file Income Tax Return for FY 2015-16 & 2016-17 The due date for…
GST The most Complex Structure with Second highest Tax Rate of the world
GST The most Complex Structure with Second highest Tax Rate of the world GST was expected to increase the rating…
Basic terms in Bank audit
This article is specially made for the students who are doing bank audit. Basic terms in Bank audit: While doing…
