No disallowance for mistake in Transporters declaration details filed u/s 194C with Income Tax Authorities. Deduction is allowable if all…
CBDT FAQ on taxation of LTCG on sale of equity shares u/s 112A as per Finance Bill 2018 proposals. The…
Non-compete fee is capital receipt. Section 28(va) not apply to compensation received in relation to a profession before amendment-High Court…
Ungarbled and garbled pepper not two different commercial products. The process of garbling to make pepper edible does not give…
Deductions u/s 80-JJAA of The Income-Tax Act Extended To Footwear And Leather Industry To Help Employment Generation The Union Minister for…
Long-term capital gains on sale of equity shares taxable @ 10% - New section 112A applicable from AY 2019-20 Under the…
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…