Why should you file an income tax return?
Why should you file an income tax return? This is one of the most common questions which is raised by…
Income Tax
Abolition of Tax Audit: Rs. 5 Cr limit is the beginning? What tax professional must do?
Abolition of Tax Audit: Rs. 5 Cr limit is the beginning? What tax professional must do? There was news about…
If certain investments have not earned exempt income, no disallowance of expenditure having nexus with such investments can be done
If certain investments have not earned exempt income, no disallowance of expenditure having nexus with such investments can be done…
Why of Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance with IndAS19 & AS 15 (Revised 2005) by Indian Companies?
Why of Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance with IndAS19 & AS 15 (Revised 2005) by Indian Companies? Indian Public…
“Corporate Compliance Calendar for the M/o November, 2020”
“Corporate Compliance Calendar for the M/o November, 2020” About Article : This article contains various Compliance requirements for the Month…
India not a country of Poor: Know about the Income Tax Raids in Bihar & Uttar Pradesh
India not a country of Poor: Know about the Income Tax Raids in Bihar & Uttar Pradesh India is not…
All about Gratuity & Compliance provisions in the Income Tax Act – 1961
All about Gratuity & Compliance provisions in the Income Tax Act – 1961 Complying with the provisions of the Gratuity…
Cancellation of the registration of charitable trust since inception & interesting observation by Delhi ITAT
Cancellation of the registration of charitable trust since inception & interesting observation by Delhi ITAT Charitable trusts are on the…
Even if entire turnover is in digital mode, audit would be mandatory if the profit offered for taxation is less than 6% and turnover is not exceeding 2 Cr
Even if entire turnover is in digital mode, audit would be mandatory if the profit offered for taxation is less…
In case of rejection of the books of accounts, Estimation cannot be straight 8% or 6%
In case of rejection of the books of accounts, Estimation cannot be straight 8% or 6% – SS Builders Vs…
Delay in Filing of Income Tax Return & Audit report: Pros & Cons
Delay in Filing of Income Tax Return & Audit report: Pros & Cons Delay in Filing of Income Tax Return…
No Charity by Income Tax Department for charitable trust: An overview of the tax provisions
No Charity by Income Tax Department for charitable trust: An overview of the tax provisions “My business is the enforcement…
MAT: There is no provision in the IT Act to prevent the Assessee from claiming indexed cost of acquisition on the sale of asset in case the Assessee is subjected to MAT U/s 115JB
MAT: There is no provision in the IT Act to prevent the Assessee from claiming indexed cost of acquisition on…
Before you sign the Tax Audit Report: Know RBI Moratorium Scheme & Section 43B reporting
Before you sign the Tax Audit Report: Know RBI Moratorium Scheme & Section 43B reporting Every year is a special…
Even without agreement, stamp duty value on the date of first digital payment can be adopted for section 50C & 56(2)(x)
Even without agreement, stamp duty value on the date of first digital payment can be adopted for section 50C &…
Capital gain is to be offered on mercantile basis in year in which possession is given
Capital gain is to be offered on mercantile basis in year in which possession is given Short Ovewview Where assessee…
Real Ease of Business: Petrol pumps in a Maharashtra need not file VAT returns from April 2020
Real Ease of Business: Petrol pumps in a Maharashtra need not file VAT returns from April 2020 Maharashtra is turning…
Holding for 13 years: Whether Land can be considered as Investment and not stock?
Holding for 13 years: Whether Land can be considered as Investment and not stock? Short Overview The period of holding…
