BudgetIncome TaxUnion Budget 2023: 15% concessional tax to promote new manufacturing co-operative society8 Feb 20230Union Budget 2023: 15% concessional tax to promote new manufacturing co-operative society The Taxation Laws (Amendment) Act, 2019, inter-alia,…
Budgetother topicUnion Budget 2023: Conversion of Gold to Electronic Gold Receipt and vice versa8 Feb 20230Union Budget 2023: Conversion of Gold to Electronic Gold Receipt and vice versa Pursuant to the announcement in…
BudgetIncome TaxBudget proposal on taxation of cash perquisites- implication on loan waiver:8 Feb 20230Budget proposal on taxation of cash perquisites- implication on loan waiver: As per section 28(iv) of the Income…
BudgetIncome TaxOther Source Of IncomeUnion Budget 2023: Extension of date of incorporation for eligible start-up for exemption8 Feb 20230Union Budget 2023: Extension of date of incorporation for eligible start-up for exemption The existing provisions of the…
BudgetIncome TaxUnion Budget 2023: Relief to start-ups in carrying forward and setting off of losses8 Feb 20230Union Budget 2023: Relief to start-ups in carrying forward and setting off of losses Section 79 of the Act…
Budgetother topicUnion Budget 2023: Penalty for cash loan/ transactions against primary co-operatives8 Feb 20230Union Budget 2023: Penalty for cash loan/ transactions against primary co-operatives Section 269SS of the Act provides that…
BudgetTDSUnion Budget 2023: Increasing threshold limit for co-operatives to withdraw cash without TDS8 Feb 20230Union Budget 2023: Increasing threshold limit for co-operatives to withdraw cash without TDS Section 194N of the Act…
Budgetother topicUnion Budget 2023: Relief to sugar co-operatives from past demand8 Feb 20230Union Budget 2023: Relief to sugar co-operatives from past demand Sugar factories operating in the co-operative sectors in certain…
BudgetCapital GainUnion Budget 2023: Restricting the benefit of capital gain Exemption to Rs. 10 Cr7 Feb 20230Union Budget 2023: Restricting the benefit of capital gain Exemption to Rs. 10 Cr Limiting the roll over…
BudgetOther Source Of IncomeUnion Budget 2023- Ensuring Payment to MSME within due date7 Feb 20230Union Budget 2023- Ensuring Payment to MSME within due date Section 43B of the Act provides for certain…
BudgetCapital GainUnion Budget – 2023: Prevention of double deduction claimed on interest on borrowed capital for acquiring, renewing or reconstructing a property7 Feb 20230Union Budget – 2023: Prevention of double deduction claimed on interest on borrowed capital for acquiring, renewing or reconstructing a…
BudgetOther Source Of IncomeUnion Budget 2023: Maturity proceeds of Life Insurance Policies of premium exceeding Rs. 5 Lakh made taxable7 Feb 20230Union Budget 2023: Maturity proceeds of Life Insurance Policies of premium exceeding Rs. 5 Lakh made taxable The…
BudgetTDSBudget 2023 & Beneficial amendment to facilitate TDS credit for income already disclosed in the return of income of the past year6 Feb 20230Budget 2023 & Beneficial amendment to facilitate TDS credit for income already disclosed in the return of income of the…
BudgetIncome TaxBudget 2023 & Amendment related to Search and Seizure6 Feb 20230Budget 2023 & Amendment related to Search and Seizure Section 132 of the Income Tax Act contains provisions…
AssessmentBudgetIncome TaxBudget 2023: Proposal on Set off and withholding of refunds in certain cases6 Feb 20230Budget 2023: Proposal on Set off and withholding of refunds in certain cases Section 241A of the Act…
BudgetIncome TaxHighlights of the Key Direct Tax Proposals in the Finance Bill – 20236 Feb 20230Highlights of the Key Direct Tax Proposals in the Finance Bill – 2023 Union Budget-2023 was certainly neither a…
BudgetUnion Budget 2023: TCS on overseas tour packages to be increased to 20% from 5%4 Feb 20230Union Budget 2023: TCS on overseas tour packages to be increased to 20% from 5% 1. Sub-section (1G) of Section…
BudgetUnion Budget 2023: Combining provisional and regular registration in some cases4 Feb 20230Union Budget 2023: Combining provisional and regular registration in some cases The scheme of the provisional registration vis a vis…