• Income Tax

No 80G Deduction for cash donation exceeding Rs 2000 to provide cash less economy and transparency. Budget 2017-18 provisions from AY 2018-19

9 years ago

No 80G Deduction for cash donation exceeding Rs 2000 to provide cash less economy and transparency. Budget 2017-18 provisions from…

  • Income Tax

No notional income for house property held as stock-in-trade u/s 23 till the certificate of completion of construction of the property is obtained

9 years ago

No notional income for house property held as stock-in-trade u/s 23 till the certificate of completion of construction of the…

  • Income Tax

Cost Inflation Index base shifted from 1981 to 2001 for computation of capital gains wef AY 2018-19 by Budget 2017-18

9 years ago

Cost Inflation Index base shifted from 1981 to 2001 for computation of capital gains. Amendment to section 55 from AY…

  • Budget 2017-18

LTCG holding period immovable property reduced to 24 months from 36 months . Section 2(42A) Amendment in Budget 2017-18

9 years ago

LTCG holding period immovable property reduced to 24 months from 36 months . Section 2(42A) Amendment in Budget 2017-18  MEASURES…

  • Income Tax

TDS on Rent liability for assessee not covered under tax audit. New section 194IB for monthly rent exceeding Rs. 50000/-. TAN not required

9 years ago

TDS on Rent liability for assessee not covered under tax audit. New section 194IB for monthly rent exceeding Rs. 50000/-.…

  • Budget 2017-18

Budget 2017-18-Rationalization of taxation of dividend income. Provisions of section 115BBDA not to apply to domestic company and certain funds, trusts etc

9 years ago

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

Budget 2017-18 Finance Minister Speech download -Tax Reforms. Relief to small tax payers and other measures announced in the Budget

9 years ago

Budget 2017-18 Finance Minister Speech download -Tax Reforms. Relief to small tax payers and other measures announced in the Budget…

  • Income Tax

Order us 263 not nullity if notice not signed by CIT, when opportunity of hearing was otherwise given by the Commissioner-ITAT

9 years ago

Order us 263 not nullity if notice not signed by CIT, when opportunity of hearing was otherwise given by the…

  • Judgments

CA Misconduct-Claiming AC First Class fare but travelling in lower class. It was an act of casualness not with intention to cheat-High Court

9 years ago

CA Misconduct-Claiming AC First Class fare but travelling in lower class. It was an act of casualness and not an…

  • Income Tax

Operation Clean Money-Online cash deposits verification under Cash Transactions 2016 > Compliance section on income tax efiling portal

9 years ago

Operation Clean Money-Online cash deposits verification under Cash Transactions 2016 > Compliance section on income tax efiling portal  Government of…