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/-.…
Budget 2017-18-Rationalization of taxation of dividend income. Provisions of section 115BBDA not to apply to domestic company and certain funds,…
Order us 263 not nullity if notice not signed by CIT, when opportunity of hearing was otherwise given by the…
Operation Clean Money-Online cash deposits verification under Cash Transactions 2016 > Compliance section on income tax efiling portal Government of…
Education per se charitable us 2(15). Registration u/s 12A can not be denied for not free of cost education to…
Election Commission Applauds Income Tax Department in their role during Elections held in 2016. Election Commission of India (ECI) National…
Filing adjournment application at closing office hours. CIT(A) was justified in passing ex-parte order upholding penalty u/s 272A(1)(c) - ITAT…
CBDT Clarifications on GAAR provisions under the Income Tax Act, 1961 Ministry of Finance Dated: 27/01/2017 Press Release Clarifications on…