• Income Tax

Tax Incentives given to start-ups in Union Budget 2019-20.

7 years ago

Tax Incentives given to start-ups in Union Budget 2019-20. carried forward and set off of losses, relaxation of conditions of…

  • Income Tax

Payment from NPS Trust on closure of account to be exempt up to 60%

7 years ago

Payment from NPS Trust on closure of account to be exempt up to 60% of total amount payable at the…

  • Income Tax

Deduction u/s 80EEB for interest on loan taken for purchase of electric vehicle

7 years ago

Deduction u/s 80EEB for interest on loan taken for purchase of electric vehicle With a view to improve environment and…

  • Income Tax

Deduction u/s 80EEA for interest up to 150000 on loan taken for affordable house property

7 years ago

Deduction u/s 80EEA for interest up to 150000 on loan taken for affordable house property  The Union Budget  2019-20 has…

  • Income Tax

Business to provide facility for accepting payment through prescribed electronic modes

7 years ago

Mandating acceptance of payments through prescribed electronic modes In order to move towards a less cash economy to reduce generation…

  • Income Tax

2% TDS on cash withdrawals from banks/post offices with effect from 01.09.2019-New Section 194N

7 years ago

2% TDS on cash withdrawals from banks/post offices with effect from 01.09.2019-New Section 194N In order to further discourage cash…

  • Income Tax

Consequence of not linking PAN with Aadhaar-Validity of transactions previously done

7 years ago

Consequence of not linking PAN with Aadhaar-Validity of transactions previously carried out through such PAN The existing proviso to the…

  • Income Tax

Inter-changeability of PAN & Aadhaar & mandatory quoting in prescribed transactions

7 years ago

Inter-changeability of PAN & Aadhaar and mandatory quoting in prescribed transactions. Existing sub-section (1) of section 139A of the Act,…

  • Income Tax

Return of 1/6 Scheme for compulsory filing of returns on entering high value transactions

7 years ago

Return of 1/6 Scheme for compulsory filing of returns on entering high value transactions Finance Act, 2005, had introduced one…

  • Income Tax

For TDS u/s 194IA consideration to include charges paid for all amenities

7 years ago

For TDS u/s 194IA consideration to include charges for all amenities Section 194-IA of the Act relates to payment on…