Section 80DD on annuity related to disable person: Amendment by Finance Bill 2022
Section 80DD on annuity related to disable person: Amendment by Finance Bill 2022 There is an important amendment…
Income Tax
Extension of Tax benefit by Finance Bill – 2022: An overview
Extension of Tax benefit by Finance Bill – 2022: An overview Tax benefit has been extended for one more year…
Union Budget 2022: Freebies to doctors are illegal, no tax deduction allowed
Union Budget 2022: Freebies to doctors are illegal, no tax deduction allowed 1. Explanation 1 of sub-section (1) of section…
Clarification regarding deduction on payment of interest only on actual payment
Clarification regarding deduction on payment of interest only on actual payment There is an important Clarification on section 43B which provides for deduction on payment of interest only on actual payment. It is one of the most important amendments…
Consequence for failure to deduct/collect or payment of tax – Computation of interest
Consequence for failure to deduct/collect or payment of tax – Computation of interest An important amendment is proposed by the…
Business Compliance Calendar for February-22
Business Compliance Calendar for February-22 INCOME TAX 07th Feb 2022- TDS deducted /TCS collected for the month of January, 2022…
Litigation management when in an appeal by revenue an identical question of law is pending before jurisdictional High Court or Supreme Court.
Litigation management when in an appeal by revenue an identical question of law is pending before jurisdictional High Court or Supreme Court. Rising litigation in the court is a matter of concern. There is a welcome…
No deduction towards cess and surcharge while working out income tax liability
No deduction towards cess and surcharge while working out income tax liability The much awaited debate and controversy regarding the deduction…
Clarification in respect of disallowance under section 14A in absence of any exempt income during an assessment year
Clarification in respect of disallowance under section 14A in absence of any exempt income during an assessment year A Clarification in respect of disallowance under section 14A in absence of any exempt income during an assessment year is given by the Finance Bill -2022. Let…
Clarifications on allowability of expenditure under section 37 by the Finance Bill 2022
Clarifications on allowability of expenditure under section 37 by the Finance Bill 2022 There is an important Clarification on allowability of expenditure under section 37…
You know about Original Return, Revised Return & Belated Return: Now, understand the concept of “Updated Return”
You know about Original Return, Revised Return & Belated Return: Now, understand the concept of “Updated Return” Finance Bill…
Budget Provisions in the sphere of personal taxation By Balwant Jain
Budget Provisions in the sphere of personal taxation By Balwant Jain Author Balwant Jain Against the high expectation…
Harmful income tax amendment in Budget 2022: A Glimpse
Harmful income tax amendment in Budget 2022: A Glimpse 1. No allowance of expense under Rule 8D if there is…
Key-Highlights of GST Proposals in Finance Bill 2022:
Key-Highlights of GST Proposals in Finance Bill 2022: 1. Time-limit to avail ITC u/s 16(4) extended till 30th November of…
Budget 2022: A birds view of the Direct Tax Provision
Budget 2022: A birds view of the Direct Tax Provision – Provision for filing ‘Updated Income Tax returns’ within 2…
Budget 2022 Highlights
Budget 2022 Highlights Budget highlights 2022 FM Nirmala Sitharaman’s fourth budget presented today Empathy for those who bore Covid…
Budget Speech of Union Budget 2022 by Smt Nirmala Sitharaman
Budget Speech of Union Budget 2022 by Smt Nirmala Sitharaman Budget_Speech
Bunch of Appeals on the issue of delayed payment of ESI, PF allowed in favour of assessees by the Hon’ble ITAT, Jaipur.
Bunch of Appeals on the issue of delayed payment of ESI, PF allowed in favour of assessees by the Hon’ble…
