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Abcaus

Supreme Court judgment

It is incorrect to hold that one bogus donation would not make activities of trust not genuine – SC

administrator February 1, 2019 Income Tax, Supreme Court
High Court erred in holding that one bogus donation would not establish that activities of trust not genuine – Supreme Court ABCAUS Case Law Citation: ABCAUS 2765 (2019) (02) SC The Commissioner of Income tax (Exemptions) was aggrieved by the Order passed by the High Court in quashing …
Section 87A rebate AY 2020-21

Section 87A Rebate for AY 2020-21. 100% rebate up to income of Rs. 5 lakhs

administrator February 1, 2019 Budget-2019, Income Tax
Section 87A Rebate for AY 2020-21. 100% rebate up to income of Rs. 5 lakhs Interim Budget 2019-20 has proposed 100 Percent tax rebate under section 87A of the Income Tax Act 1961 up to  total income of Rs. 5 lakhs. Thus, after considering deduction available under section 80C, …
interim budget 2019

Interim Budget 2019-20. Highlights of tax benefits exemption given

administrator February 1, 2019 Budget-2019, Income Tax
Interim Budget 2019-20 Highlights of Income Tax Relaxations and Benefits given Union Finance Minister Shri Piyush Goyal has started presenting the Interim Budget 2019 at the Lok Sabha In view of the elections ahead, it was speculated that the Budget would bring increased tax benefits specially for individuals taxpayers. …
income tax

Exemption to starts up from angle tax only if issue is approved by CBDT

administrator February 1, 2019 Income Tax
Exemption to starts up from issue of share price in excess of face value only if issue is approved the Central Board of Direct Taxes MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 9/2019 New Delhi, the 31st January, 2019 (INCOME-TAX) S.O. 584(E).—In …
TDS under GST Laws

Extension of time limit for furnishing GST TDS return FORM GSTR-7 to 28.02.2019

administrator February 1, 2019 GST
Extension of the time limit for furnishing GST TDS return FORM GSTR-7 u/s 51 of the CGST Act 2017 for the months of October, 2018 to December, 2018 till 28.02.2019 Government of India Ministry of Finance (Department of Revenue) Notification No. 07/2019 – Central Tax New Delhi, the 31st …
google plus shutting down

Google+ is Shutting down on 2nd April 2019 – Do a back up

administrator February 1, 2019 Others
Google+ is Shutting down on 2nd April , 2019  Google has decided to shut down Google+ account / Google+ pages. In last December, Google had made its intentions clear on shutting down Google+ for consumers in April 2019 due to low usage and challenges involved in maintaining the …

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