Deduction u/s 80EEA for interest up to 150000 on loan taken for affordable house property The Union Budget 2019-20 has…
Mandating acceptance of payments through prescribed electronic modes In order to move towards a less cash economy to reduce generation…
2% TDS on cash withdrawals from banks/post offices with effect from 01.09.2019-New Section 194N In order to further discourage cash…
Consequence of not linking PAN with Aadhaar-Validity of transactions previously carried out through such PAN The existing proviso to the…
Inter-changeability of PAN & Aadhaar and mandatory quoting in prescribed transactions. Existing sub-section (1) of section 139A of the Act,…
Return of 1/6 Scheme for compulsory filing of returns on entering high value transactions Finance Act, 2005, had introduced one…
For TDS u/s 194IA consideration to include charges for all amenities Section 194-IA of the Act relates to payment on…
TDS to be deducted by Individual/HUF u/s 194M on payment exceeding 50 lakhs to contractors and professionals even for personal…
Key Highlights of Income tax/GST proposals of Union Budget 2019-20 Union Finance Minister Nirmala Sitharaman shall present Union Budget-2019 at…
Printing process for General Budget 2019-20 commences with Halwa Ceremony As per Press Release issued by the Finance Ministry, Halwa…