Direct Tax Updates: CBDT issues Clarification in respect of filling-up of the ITR wrt Directors, Foreign assets and NRIs. Indirect Tax Updates: CBIC extends the officer interface facility to resolve… Read More
Get Tax incentives for NGO by Registering U/s 12A, 12AA,12AB Relief for the poor, education, medical relief, environmental preservation, preservation of monuments or locations or things of aesthetic or historic… Read More
Direct Tax Updates: LTCG from penny stocks cannot be treated as bogus if documentation is in order and no fault found by Assessing Officer. Chandra Prakash Jhunjhunwala Vs DCIT (ITAT… Read More
Corporate and Professional Updates on 27th August 2019 Direct Tax Updates: LTCG from penny stocks cannot be treated as bogus if documentation is in order and no fault found… Read More
Direct Tax Updates: CBDT has clarified that small start-ups with turnover up to Rs. 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of… Read More
Direct Tax Updates: CBDT releases draft New FORM No. 10B and rule 17B: Amendment of Form No 10B of the Income-tax Rules, 1962- Draft notification for inputs from stakeholders and… Read More
Corporate and Professional Updates on 23rd August 2019 Indirect Tax Updates: Companies will get up to 70 per cent duty relief if they settle their pre-GST disputes with the tax… Read More
Direct Tax Updates: CBDT clarified that the revised higher threshold for filing appeals would be applicable to all pending cases as well. The Board directed the income tax department to… Read More
CHOICE BETWEEN BITCOIN AND ALTCOINS Most cryptocurrency investors opt to hold both Bitcoin and altcoins. Bitcoin is that the most established cryptocurrency, and it’s safer than most altcoin investments. However, altcoins tend to… Read More
Direct Tax Updates: Direct Tax panel suggests rate relief for Individuals in personal tax slab to benefit middle and upper-middle-class including an across the board 25% tax rate for both… Read More