Capital Gain Exemption if the payment towards flat done prior to the date of LTCG
Capital Gain Exemption if the payment towards flat done prior to the date of LTCG When a residential house is…
Income Tax
Government to monitor cases related to “Pandora Papers” through Multi Agency Group to be headed by the Chairman, CBDT with representatives from CBDT, ED, RBI & FIU
Government to monitor cases related to “Pandora Papers” through Multi Agency Group to be headed by the Chairman, CBDT with…
Standard Operating Procedure for Faceless Refund -certain guidelines issued under TNGST Act,2017
Standard Operating Procedure for Faceless Refund -certain guidelines issued under TNGST Act,2017 GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE…
Whether GST is payable on the employer portion of EPF & ESl?
Whether GST is payable on the employer portion of EPF & ESl? An interesting issue was raised before AAR West…
Maintainability of Revisione Application under section 264 & Non waiver of right of appeal
Maintainability of Revisione Application under section 264 & Non waiver of right of appeal Short Overview Assessee had not filed…
Revamped Form No. 15CA & 15CB submission process
Revamped Form No. 15CA & 15CB submission process The Income Tax Department is introducing a totally revamped new Form 15CA…
Quoting of PAN not mandatory for certain categories of person – Rule 114AAB
Quoting of PAN not mandatory for certain categories of person – Rule 114AAB The Income Tax Department has its own…
Draft of Representation to NFRA against proposed abolition of Statutory Audit
Draft of Representation to NFRA against proposed abolition of Statutory Audit To, Shri Narendra Modiji, Hon’ble Prime Minsiter of India,…
Business Compliance Calendar for October-21
Business Compliance Calendar for October-21 INCOME TAX 07th Oct 2021- TDS deducted /TCS collected for the month of September, 2021…
Set off of income offered during survey against Business Loss
Set off of income offered during survey against Business Loss The set off of income offered for taxation during survey…
Payment done prior to transfer of capital assets and flat purchase completed within 3 years: Whether Capital gain exemption available?
Payment done prior to transfer of capital assets and flat purchase completed within 3 years: Whether Capital gain exemption available?…
AO can’t withhold refund to adjust it with demand if no such demand exists at time of refund declaration: HC
AO can’t withhold refund to adjust it with demand if no such demand exists at time of refund declaration: HC…
Capital Gain: The Dilemma of Paying Tax vs. Saving Tax
Capital Gain: The Dilemma of Paying Tax vs. Saving Tax In the last week’s issue of The Tax Talk, we…
Payment of Late Fee under the Income Tax Act – 1961: Allowable deduction or not? Whether the Tax Auditor should report it in an audit report?
Payment of Late Fee under the Income Tax Act – 1961: Allowable deduction or not? Whether the Tax Auditor should…
Gain arising on sale of the business assets (depreciable assets) is in the nature of business income, though it is taxed under the head ‘Capital Gains’
Gain arising on sale of the business assets (depreciable assets) is in the nature of business income, though it is…
Interesting issue: Sale of Depreciable asset after assessee discontinued claiming depreciation on the assets
Interesting issue: Sale of Depreciable asset after assessee discontinued claiming depreciation on the assets Short Overview Where assessee claimed depreciation…
Section 148: Recent Allahabad High Court Judgement
Section 148: Recent Allahabad High Court Judgement 148-Allahabad-High-Court-Judgement-1-1
What is Section Code 194JA and Section Code 194JB?
What is Section Code 194JA and Section Code 194JB? While downloading the form No. 26A, there is a mention of…
