Merger, Demerger & Amalgamation- Tax implications on shareholder

An additional compliance of submitting estimated current Income & Advance tax payment

Change in the base year from 1981 to 2001 is for all classes of assets

Even small size firm are to get its accounts audited if income offered for taxation is less than 8%  

NRI & taxation of mutual fund investments

Exchange of property results in capital gain tax liability

site info 147700453

Unsold flats of builders attracts tax on notional basis

Professionals excluded from maintaining accounts if offers 50% of receipt as income

Interest on Saving Bank account up to Rs. 10,000/- is eligible for deduction u/s 80TTA

Curbing cash transactions through Income Tax Law

Payment for eviction of tenant is eligible for deduction

Income tax without actual income: Second house property

Cost Inflation Index for the FY 2017-18 notified as “272”  

Quoting of PAN is mandatory if transaction value exceeds Rs. 2 Lakh

Invest in Gold through Gold Sovereign Bond

Not all proceeds from Life Insurance policies are tax free

Issues in taxation of capital gain