Professional Update For the Day: Direct Tax: IT: Taxing of capital gains u/s.50B r.w.s.2 (42C) - sale of undertaking as a… Read More
Professional Update For the Day: DIRECT TAX: IT: Waiver of levy of interest u/s 234B - Application made u/s 119(2)(a) before… Read More
Professional Update For the Day: DIRECT TAX: Now, deductor is liable to furnish of evidence of claims by employee for… Read More
NEW UPDATE ON LEGALITY OF REOPENING OF ASSESSMENT U/S 147/263 BASED ON AUDIT OBJECTIONS One of the key sources of… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 30, 2016 Direct Tax: Income Tax has issued a circular on Framework for computation of book… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 26, 2016 Direct Tax: Waiver of loan tantamount to benefit or perquisite, chargeable to tax… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 25, 2016 DIRECT TAX: The definition of rent includes any payment by whatever name called,… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 23, 2016 DIRECT TAX: IT: Expenditure relatable to day to day running of the business is… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 21, 2016 Indirect Tax: IT: Receipt by the assessee from the HUF of which the assessee… Read More
CORPORATE AND PROFESSIONAL UPDATE APRIL 15, 2016 DIRECT TAX: Income Tax: Once the expenditure is found to be allowable as revenue… Read More