Interest on refund due to deductor at the rate of one-half per cent for every month or part of a…
ITR Processing within prescribed time and withholding refund. Section 143(1D)not to apply to return filed for AY 2017-18 onwards Budget…
TDS Rate us 194J reduced to 2 percent for call centre. Being payment to a person engaged only in the…
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…