Increase in threshold limit-books of accounts maintenance us 44AA for Individuals and HUF. New threshold for income 2.5 lakhs and…
Political Parties not to accept cash donations of Rs 2000 or more. Amendment to section 13A made by Budget 2017-18…
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/-.…