Non-Banking Finance Companies (NBFCs) are getting at par with bank – Section 43B & 43D to be amended
Non-Banking Finance Companies (NBFCs) are getting at par with bank – Section 43B & 43D to be amended The existing…
Income Tax
Plethora of Incentives to International Financial Services Centre (IFSC):
Plethora of Incentives to International Financial Services Centre (IFSC): In order to promote the development of world class financial infrastructure…
Supply of lodging service along with other services by boarding house to be treated as ‘mixed supplies
Supply of lodging service along with other services by boarding house to be treated as ‘mixed supplies Sarj Educational Centre,…
NRI status under scanner of Income Tax Department
NRI status under scanner of Income Tax Department
No deduction Under section 194C or 194J towards ayments to artists participating as guests or judges in reality shows hosted by taxpayer
No deduction Under section 194C or 194J towards ayments to artists participating as guests or judges in reality shows hosted…
Section 269SU: Landmark Change by the Union Budget – 2019
Section 269SU: Landmark Change by the Union Budget – 2019 Now, it is mandatory for the person with turnover exceeding…
Various provisions to be amended to recognize various digital mode as acceptable under the Income Tax Act -1961
Various provisions to be amended to recognize various digital mode as acceptable under the Income Tax Act -1961 There are…
Demonetization Special: Cash deposited out of stridhan cannot be treated as income
Demonetization Special: Cash deposited out of stridhan cannot be treated as income Delhi Tribunal recently in Puja Kashyap Modi Vs.…
Key Tax Proposals in Union Budget – 2019
Key Tax Proposals in Union Budget – 2019 Income-tax 1. The threshold limit for reduced tax rate of 25%…
Mumbai ITAT : 6 years in Sec. 153C is calculated from the date of recording of satisfaction/ date of handing over records and NOT from the date of conclusion of search.
Mumbai ITAT : 6 years in Sec. 153C is calculated from the date of recording of satisfaction/ date of handing…
Controversy in newly proposed section 194M – Issue to be resolved before it becomes Act
Controversy in newly proposed section 194M – Issue to be resolved before it becomes Act Tax Deduction at Source (TDS)…
Interesting case : Taxability of lease premium received for 99 years
Interesting case : Taxability of lease premium received for 99 years whether it could be spread over the period of…
Person paying electricity bill exceeding Rs. 1 Lakh in a year will be required to file income tax return
Person paying electricity bill exceeding Rs. 1 Lakh in a year will be required to file income tax return Widening…
Payment towards amenities like club membership fee, car parking fee, electricity and water etc at the time of purchase of immovable property
Payment towards amenities like club membership fee, car parking fee, electricity and water etc at the time of purchase of immovable…
Now, gift received by NRI non relative will be taxable in India
Now, gift received by NRI non relative will be taxable in India Section 9 of the Act relates to Income…
Budget – 2019 Special: CA Naresh Jakhotia Additional benefit of Rs. 1.50 Lakh towards housing loan is like an apple you can’t eat
Budget – 2019 Special: CA Naresh Jakhotia Additional benefit of Rs. 1.50 Lakh towards housing loan is like an…
Importance of Aadhar Widened
Importance of Aadhar Widened Like social security number in developed countries, India will be using Aadhar Number and it may…
