Restriction on Cash Transaction of Rs 3 Lakhs or more in aggregate from a person in a day, in single…
Presumptive tax six percent us 44AD for non cash sales. 8% rate to continue for turnover or gross receipts received…
Cash payment disallowance us 40A3 reduced to Rs 10000 in place of existing limit of Rs. 20000/- to a person…
No 80G Deduction for cash donation exceeding Rs 2000 to provide cash less economy and transparency. Budget 2017-18 provisions from…
No notional income for house property held as stock-in-trade u/s 23 till the certificate of completion of construction of the…
Cost Inflation Index base shifted from 1981 to 2001 for computation of capital gains. Amendment to section 55 from AY…
LTCG holding period immovable property reduced to 24 months from 36 months . Section 2(42A) Amendment in Budget 2017-18 MEASURES…
TDS on Rent liability for assessee not covered under tax audit. New section 194IB for monthly rent exceeding Rs. 50000/-.…
Budget 2017-18-Rationalization of taxation of dividend income. Provisions of section 115BBDA not to apply to domestic company and certain funds,…
Budget 2017-18 Finance Minister Speech download -Tax Reforms. Relief to small tax payers and other measures announced in the Budget…