Direct Tax: Assessee wasn't entitled to claim sec. 54F relief if agreement to sell property wasn't executed by buyer within the stipulated time frame under the provision of Income Tax… Read More
E-FRRO Compliance for foreign nationals in India In line with ‘Digital India’ vision, Government of India has further digitalised the process of FRRO (Foreigners Regional Registration Office) registration, Visa extension… Read More
CBDT issues an instruction for conducting the scrutiny assessments electronically. As per the instruction, except search related assessments, all scrutiny assessments shall be conducted only through the 'E-Proceeding' functionality available… Read More
UAE Tax System – Detailed Overview (2026) The UAE continues to offer one of the world’s most competitive and business-friendly tax regimes, while steadily strengthening its compliance, transparency, and substance… Read More
Corporate And Professional Updates 5th Feb 2018 RBI Update: The Reserve Bank of India has imposed a monetary penalty of Rs. 0.50 lakh (Rupees Fifty thousand only) on The Sircilla… Read More
Highlights of Union Budget 2018-2019 Slab rates kept same. Education Cess and SHEC rates increased to 4% from existing 3%. Charitable / Religious Trusts claiming exemption under section 11 &… Read More
LATEST UPDATE ON E-WAY BILL E-Way Bill: In view of difficulties faced by the trade-in generating e-way bill due to initial tech glitches, it has been decided to extend the… Read More
Online in 54EC Capital Gain Bonds help to Save Long Term Capital Gain Tax The below are the provisions of Section 54EC: The long or short Capital gain will not… Read More
Arun Jaitey recalls the measures -- like GST, FDI, demonetisation, etc. -- taken by the NDA government in the past four years that have impacted the economy of the country. … Read More
REPORTING OF FORM FC-TRS TO RBI RBI Circular No. 40 dated 1st February 2016; RBI has made it mandatory to report any transactions and filing of forms online in respect… Read More