CBDT has notified "1125" as Cost Inflation Index (CII) for FY 2016-17. CII is used indexation of cost of acquisition…
MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF DIRECT TAXES Notification No. 42/2016 New Delhi, the 2nd June, 2016…
Notional interest Perquisite on Security deposit paid to landlord. Notional Interest on amount paid by employer for employee's accommodation not…
Interest 234B invalid if TDS deductible on entire income us 195 as there is no failure on the part of…
Rule 8D Amendment CBDT Notification 43/2016. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES…
Securities & Exchange Board of India PR No. 109/2016 Caution to the Investors Some unlisted companies are luring retail investors…
SEBI cautions investors not to invest in schemes offered by entities barred by SEBI from raising money or entities not…
AO bound to furnish reopening reasons recorded us 147 within a reasonable time for initiation of reassessment proceedings u/s 147/148…
Addition us 68 remanded back by ITAT for short time lag between inquiry initiation and conclusion when the evidence was…
Gift received from Step Father not taxable us 562vi as income from other sources. The Explanation to section 56(2) would indicate…