Major proposals as per Finance Bill 2019
Major proposals as per Finance Bill 2019 1. Relief to the salaried taxpayers by way of increasing the amount of…
Income Tax
Penny stock case: Mere furnishing of contract notes etc does not inspire any confidence
Penny stock case: Mere furnishing of contract notes etc does not inspire any confidence Rajkumar B. Agarwal vs. DCIT (ITAT…
Interim Budget decoded
Interim Budget decoded • Standard deduction for salaried taxpayers raised from Rs 40,000 to Rs 50,000. This will result in…
Rebate change instead of slab change: Budget 2019
Rebate change instead of slab change: Budget 2019 Many people were of thought post Budget session that income tax slab…
Benefit by interim Budget-2019 of No Tax on Income up to Rs. 5 Lakh – Myths & Reality
Individual taxpayer with income up to Rs. 5 Lakh will not be liable for any income tax as per the…
Budget, Taxation & Poor.
Budget, Taxation & Poor You give a poor man a fish and you feed him for a day. You teach…
Agricultural Land purchased in Son’s name- Exemption u/s 54B allowed or not?
Agricultural Land purchased in Son’s name– Exemption u/s 54B allowed or not? Government provides various tax reliefs to the agricultural…
Basic exemption limit has not been increased to Rs 5 Lakh
Basic exemption limit has not been increased to Rs 5 Lakh Instead of giving straight exemption on income upto…
Even person with income up to Rs. 10 Lakh can have Nil Tax liability
Even person with income up to Rs. 10 Lakh can have Nil Tax liability Politicians have a habit of saying…
Whether return filing will be mandatory for next year if income is not exceeding Rs. 5 Lakh
Whether return filing will be mandatory for next year if income is not exceeding Rs. 5 Lakh The recent interim…
No immunity is there even if ultimate income tax liability is nil up to Rs. 5 Lakh
No immunity is there even if ultimate income tax liability is nil up to Rs. 5 Lakh The recent interim…
Nil Tax liability benefit goes beyond income of Rs. 5 Lakh
Nil Tax liability benefit goes beyond income of Rs. 5 Lakh Politicians have a habit of saying more delivering less.…
Tax changes in interim Budget
Tax changes in interim Budget Here are the key highlights from Finance Minister Piyush Goyal Interim Budget 2019-20 Tax changes…
Interim Budget & 9 things you need to know about Perosnal taxation
Interim Budget & 9 things you need to know about Perosnal taxation
Interim Budget is a budget full of reliefs and benefits only.
Interim Budget is a budget full of reliefs and benefits only. Interim Budget is a budget full of reliefs and…
Key tax proposals of Budget 2019
Key tax proposals of Budget 2019 1.Individual taxpayers having annual taxable income upto Rs 5L to get full tax rebate.…
Wrong to say that there is NO Income Tax upto Rs 5 lakh to all tax payer
Wrong to say that there is NO Income Tax upto Rs 5 lakh to all tax payer Income Tax is…
Government revenue – Estimated and revised estimated
Government revenue – Estimated and revised estimated
