Tax Relief to Senior Citizens in Budget 2018-19. Health insurance premium, medical treatment of specified diseases, interest income and non…
Requirement to obtain Permanent Account Number enlarged for entities Section 139A has been amended to provide that entities (other than…
Standard deduction of Rs. 40000/- for salaried employees for the AY 2019-20 is reintroduced in the Budget 2018-19 Proposals presented…
Budget 2018-19 Highlights of Income Tax Proposals The Finance Minister has presented the Union Budget 2018 today in Lok Sabha. The…
Rebate under section 87A for Assessment Year 2019-20 - No changes proposed No changes have been proposed by the Finance…
Income Tax slabs and rates for the AY 2019-20 FY 2018-19 No changes have been proposed in either Individual tax…
EPF contribution for women employee reduced to 8% in Budget Proposal 2018-19 presented by the Finance Minster. Details shall be…
Income Tax Rule 8D is prospective in operation and could not apply to any assessment year prior to AY 2008-09 - Supreme Court settles the law…
KSCAA registers protest on use of CA name in income tax refund scam. Press release of the Income tax had…
Powers u/s 154 available for rectifying interest u/s 220 or 244 for miscalculation of interest which is, at best arithmetical…