Taxation of Gifts under Income Tax Act, 1961

FACILITY FOR CORRECTON OF FORM 26QB ACTIVATED (REVISED)

DATE RELEVANT FOR THE PURPOSE OF LTCG U/S 54 OF INCOME TAX ACT, 1961

IT Commissioner awarded 7 years Rigorous Imprisonment

DEDUCTION TOWARDS MEDICLAIM EXPENSES – ALL ABOUT SECTION 80D

Cash transactions not allowed as per Income Tax Departmen

Silver: Within limit of Instruction No. 1916 to be deleted

Borrowed mount invested in shares is irrelevant in determining whether income is a business income or capital gain income

Surprising revelation by CAG – 95% of the developers in 12 states don’t have PAN

Get, Set & Go: New Direct Tax Code and GST Council Meeting ahead

Suspicious income tax refund claims under I-T Dept scanner

VALUATION OF DEEMED TRANSACTION UNDER GST

Complete guide on Refund in case of “Deemed Export”

Bank statement not sufficient to prove the genuineness and creditworthiness

A welcome Judgement -Attachment of bank accounts lifted provided monies are utilised entirely for petitioner’s catering business and not diverted to any personal account: High Court

Enhanced income resulting due to change in method of accounting, rather than concealment, does not merit penal consequences upon taxpayer: HC

Capital Gain exemption available even if amount not deposited in Capital Gain Deposit Account Scheme

SECTION 35E- DEDUCTION FOR EXPENDITURE ON PROSPECTING, ETC, FOR CERTAIN MINERALS