Whether every payment of professional fees outside India attracts TDS U/s 195?
Whether every payment of professional fees outside India attracts TDS U/s 195? IN THE ITAT, MUMBAI BENCH MAHAVIR SINGH, J.M.…
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Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) – CA Naresh Jakhotia
Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) –…
Eligibility of deduction towards Housing Loan Interest: Interest on capital borrowed vs. Payment to builder in installment with interest – CA Naresh Jakhotia
Eligibility of deduction towards Housing Loan Interest: Interest on capital borrowed vs. Payment to builder in installment with interest –…
Usance interest for delayed payment to holding company liable to TDS
Usance interest for delayed payment to holding company liable to TDS Usance interest for delayed payment to holding company was…
Housing Loan Interest Deduction: Taxpayer is entitled to deduct only simple interest payable & not interest on interest – CA Naresh Jakhotia
Interesting Analysis: Housing Loan Interest Deduction: Taxpayer is entitled to deduct only simple interest payable & not interest on interest…
Interest paid on TDS is a deductible expenditure under Income Tax Act – 1961
Interest paid on TDS is a deductible expenditure under Income Tax Act – 1961 Dy. CIT v. Rungta Mines Ltd.…
Discount cannot be equated to commission for TDS u/s 194H
Discount cannot be equated to commission for TDS u/s 194H Surendra Mohan Mukhija v. Dy. CIT (2019) 167 TR (A)…
Entire sale consideration was paid to bank to the credit of loan account- Still capital gain tax payable ?
Entire sale consideration was paid to bank to the credit of loan account- Still capital gain tax payable ? Short…
Annual Maintenance Contract (AMC) expenditure of computer attracts TDS @10% as technial or professional charge under section 194J ? -Interesting Observation by Lucknow ITAT
Annual Maintenance Contract (AMC) expenditure of computer attracts TDS @10% as technial or professional charge under section 194J ? -Interesting…
Applicability of TDS on Payment to non-resident for usance interest on delayed payment
Applicability of TDS on Payment to non-resident for usance interest on delayed payment Overview : Usance interest paid by assessee…
Taxation of Artistes, Entertainers and Sportspersons
Ever wondered, when Virat Kohli hits centuries on cricket grounds situated outside India, which country shall have right to tax…
CHECK IF YOUR DEPOSIT IS ILLEGAL
President of India has promulgated the BANNING OF UNREGULATED DEPOSIT SCHEMES ORDINANCE, 2019 w.e.f. February 21, 2019. This law has…
Charity paid at the time of purchase cannot form the part of Purchase consideration: Supreme Court
Charity paid at the time of purchase cannot form the part of Purchase consideration: Supreme Court If an amount (Dharmada,…
All about Deduction Under Chapter VI-A for AY 2019-20
All about Deduction Under Chapter VI-A for AY 2019-20 1. Section 80C- Deductions on Investments This deduction is allowed to…
Number of return filers decreased. Demonetisation – Short term failure or long term advantageous ?
Number of return filers decreased. Demonetisation – Short term failure or long term advantageous ? Really Shocking and surprising, instead…
Zero Coupon Bonds (ZCB) & its taxation in the hands of investor & issuer Company along with TDS provision
Zero Coupon Bonds (ZCB) & its taxation in the hands of investor & issuer Company along with TDS provision …
Taxation of Dividend Income – Recipient & Payer
Taxation of Dividend Income – Recipient & Payer – CA Naresh Jakhotia Dividend income has always subject to change from time…
