Filing income tax returns of the in Company ITR – 6 within time : Challenges Ahead
Filing income tax returns of the in Company ITR – 6 within time : Challenges Ahead New disclosure requirements in…
Income Tax
Deduction permissible while computing Capital gain income
Deduction permissible while computing Capital gain income Capital gain tax liability arises whenever there is a “transfer” of capital assets. …
Section 50C which provides a safe harbour of 5% must be interpreted to apply since the insertion as it is curative
Section 50C which provides a safe harbour of 5% must be interpreted to apply since the insertion as it is…
Key highlights of important meeting between the FM and Prime Minister Modi
Key highlights of important meeting between the FM and Prime Minister Modi Prime minister agrees that there is a strong…
Extension of Date for payment and filing of applications in first phase of Maharashtra Amnesty scheme
Extension of Date for payment and filing of applications in first phase of Maharashtra Amnesty scheme Date for payment and…
The Companies (Share Capital and Debentures) Rules, 2014 now amended
The Companies (Share Capital and Debentures) Rules, 2014 now amended ShareCapitalRules_16082019 (1)
Once the segregation of shares under two different portfolios was made and accepted by Revenue, the mere quantum of turnover and frequency of transactions could not decide the nature of transactions.
Once the segregation of shares under two different portfolios was made and accepted by Revenue, the mere quantum of turnover…
Capital gain exemption u/s 54B available even if the entire land is not used for cultivation
Capital gain exemption u/s 54B available even if the entire land is not used for cultivation Rajendra Bastimal Chordiya Vs…
Registration of Charitable trust, society & NGO in the Income Tax Act u/s 12A
Registration of Charitable trust, society & NGO in the Income Tax Act u/s 12A Trusts have a special taxation mechanism.…
Loan/advance received from non-member/non-shareholder is not deemed dividend u/s 2(22)(e)
Loan/advance received from non-member/non-shareholder is not deemed dividend u/s 2(22)(e) Short Overview : Where assessee was not a member/shareholder of the…
Outsourcing of job for collection of toll tax liable for TCS ?
Outsourcing of job for collection of toll tax liable for TCS ? Short Overview: Activities of collecting toll fees as entrusted…
FM asks industry to approach directly in case of harassment by the tax official
FM asks industry to approach directly in case of harassment by the tax official
CBDT takes further steps to ensure transparency in Tax Administration by bringing in concept of DIN
CBDT takes further steps to ensure transparency in Tax Administration by bringing in concept of DIN With a view to…
An excellent representation by AIFTP for due date for ITR by one Month
An excellent representation by AIFTP for due date for ITR by one Month Letter to Finance Minister
Legacy Dispute Resolution Scheme – FAQ
Legacy Dispute Resolution Scheme – FAQ Sabka Vishwas FAQs (1)
Proposal to extend the date for filing income tax return and tax audit report
Proposal to extend the date for filing income tax return and tax audit report EXTEND THE DUE DATE FOR FILING…
Clarification in respect of filling-up of the ITR forms for the Assessment Year 2019-20
Clarification in respect of filling-up of the ITR forms for the Assessment Year 2019-20 The Income-tax return (ITR) forms for…
