Income Tax11 changes in Income Tax Law for the Financial Year FY 2021-226 years ago11 changes in Income Tax Law for the Financial Year FY 2021-22 Every year when the budget is about to…
Income TaxWhether amount of Education Cess and Secondary and Higher Education Cess which have already been refunded in terms of decision of a Supreme Court can again be demanded by issuance of show cause notice u/s 11A of the Central Excise Act.6 years agoWhether amount of Education Cess and Secondary and Higher Education Cess which have already been refunded in terms of decision…
Income TaxResults of CA Foundation & Final likely to be declared on 21st March or 22nd March 20216 years agoResults of CA Foundation & Final likely to be declared on 21st March or 22nd March 2021 Results of…
Income TaxNo Audit to the auditor of Allahabad Bank: What Next?6 years agoNo Audit to the auditor of Allahabad Bank: What Next? Post Covid, the landscape of professional activities for the practicing…
Income TaxTransactions in derivatives is trading and as such not permissible for chartered accountants ?6 years agoTransactions in derivatives is trading and as such not permissible for chartered accountants ? Ethical Standards Board (ESB) had issued…
IT JudgementValidity of Reopening on basis of information emanated from investigation wing without independent application of mind by AO6 years agoValidity of Reopening on basis of information emanated from investigation wing without independent application of mind by AO Short Overview…
Income TaxClarification on Completion of Pending Assessment under the Wealth Tax Act6 years agoClarification on Completion of Pending Assessment under the Wealth Tax Act Clarification on Completion of Pending Assessment under the Wealth…
Income TaxTips that will Not only help you invest but will also reap tax benefit6 years agoTips that will Not only help you invest but will also reap tax benefit As FY 2020-21 is about to…
Income TaxForm 15E u/s 195(2) has to be filed online from 1.4.216 years agoForm 15E u/s 195(2) has to be filed online from 1.4.21 195(2) application goes online. It has to be…
Income TaxFew tips to save yourself from capital gain tax this financial year legally6 years agoFew tips to save yourself from capital gain tax this financial year legally A person has various sources of…
Income TaxInterest paid on loan taken to repay housing loan of commercial property is eligible for deduction u/s 24(b)6 years agoInterest paid on loan taken to repay housing loan of commercial property is eligible for deduction u/s 24(b) Indraprastha Shelters…
Income TaxCBDT notifies Form no. 15E for making application to determine ‘sum chargeable to tax’ u/s 1956 years agoCBDT notifies Form no. 15E for making application to determine ‘sum chargeable to tax’ u/s 195 Notification No. 18/2021, dated…
Income TaxInvestments made in one assessment year cannot be brought to tax in the another assessment year.6 years agoInvestments made in one assessment year cannot be brought to tax in the another assessment year. An interesting case came…
Income TaxReconstitution of partnership Firm now liable for Income Tax6 years agoReconstitution of partnership Firm now liable for Income Tax Tax planning by way of revaluation of assets or by recording…
Income TaxTax Rate of 22% for Resident Co-operative societies for the FY 2020-21 & onwards6 years agoTax Rate of 22% for Resident Co-operative societies for the FY 2020-21 & On wards Now, Co-Operative Societies can pay tax…
IT JudgementCBDT Revised Form No. Form No. 12BA (Statement showing particulars of perquisites, other fringe benefits or amenities and profits in lieu of salary with value thereof), Part B to Form 16 (Details of Salary Paid and any other income and tax deducted) and Annexure II to Form No. 24Q6 years agoCBDT Revised Form No. Form No. 12BA (Statement showing particulars of perquisites, other fringe benefits or amenities and profits in…
Income TaxTDS in respect of aggregate Cash Withdrawal above Rs. 20 lakh by an account holder of National (Small) Savings Schemes for non ITR filer under section 194N of I.T. Act 1961: Circular Issued by Department of Post6 years agoTDS in respect of aggregate Cash Withdrawal above Rs. 20 lakh by an account holder of National (Small) Savings Schemes…