Increase in Tolerance band 5% to 10% in stamp duty valuation for the purpose of section 50C is retrospective in nature.
Increase in Tolerance band 5% to 10% in stamp duty valuation for the purpose of section 50C is retrospective in…
Income Tax
If assessee did not produce any material to prove that amount seized during the search, did not belong to it but belonged to some other person, addition made
If assessee did not produce any material to prove that amount seized during the search, did not belong to it…
New Tax Regime & Deductions for business expenditure not allowed under the new regime
New Tax Regime & Deductions for business expenditure not allowed under the new regime Income Tax Return for…
RBI didn’t ask bank for signature on Project Report: RBI reply in response to RTI Application
RBI didn’t ask bank for signature on Project Report: RBI reply in response to RTI Application There is an Assurance…
CBIC reminder of Due date in GST
CBIC reminder of Due date in GST CBIC reminder of Due date in GST Income Tax Act on Your Mobile…
Taxation of Income from Mutual Fund
Taxation of Income from Mutual Fund Taxation law is part of dynamic law which never remains constant and so taxpayers…
Income from business or Income from short-term capital gains if few Equity shares are disclosed as investments?
Income from business or Income from short-term capital gains if few Equity shares are disclosed as investments? Short Overview…
Converting 26AS to Excel: Procedure for conversion
Converting 26AS to Excel: Procedure for conversion There are situations where taxpayers want to see or use the…
Satyam computers confession: Validity of Re-opening/ Re- assessment of family member’s income by Income Tax Authorities
Satyam computers confession: Validity of Re-opening/ Re- assessment of family member’s income by Income Tax Authorities There was an…
Club Expenditure allowability in the Income Tax Act
Club Expenditure allowability in the Income Tax Act Often, Taxpayers makes the payment of club expenses which is disallowed by…
Non-production of parties could not give credence to the bogus nature of purchases.
Non-production of parties could not give credence to the bogus nature of purchases. Delhi ITAT ACIT v. GTM Builders & Promoters…
All about Permanent Account Number (PAN) in the income Tax Act- 1961
All about Permanent Account Number (PAN) in the income Tax Act- 1961 What is PAN? PAN stands for Permanent Account…
Provisions & Sections to be complied by the Non Resident planning to set up the business in India & Resident dealing with the Non Resident: A compilation
Provisions & Sections to be complied by the Non Resident planning to set up the business in India & Resident…
Benefit of Basic exemption limit is available to Long Term Capital gain (LTCG) on sale of shares
Benefit of Basic exemption limit is available to Long Term Capital gain (LTCG) on sale of shares If a person…
CSR Funding will be released only to those NGOs which are registered with MCA by filing Form CSR-1
CSR Funding will be released only to those NGOs which are registered with MCA by filing Form CSR-1 As per…
All about Form No. 15E under the Income Tax Rules , 1962
All about Form No. 15E under the Income Tax Rules , 1962 Recent Changes in Income Tax Act Introduction:…
No disallowance warranted if books of accounts could not be produced due to genuine reasons
No disallowance warranted if books of accounts could not be produced due to genuine reasons There are various instances wherein…
All about Foreign Tax Credit
All about Foreign Tax Credit Introduction: Corporate India today serves global needs and brings in overseas income which is…
