CBDT RELEASES CLARIFICATIONS ON ROLL-BACK PROVISIONS OF THE ADVANCE PRICING AGREEMENT SCHEME The Advance Pricing Agreement provisions were introduced in… Read More
INCOME TAX RETURN FORMS ITR 1, 2 AND 4S SIMPLIFIED FOR CONVENIENCE OF THE TAX PAYERS A New Form ITR… Read More
HIGHLIGHT ON TAX UPDATE Income Tax Act SECTION 9 Income - Deemed To Accrue Or Arise In India Royalty:… Read More
INCOME CAN BE DETERMINED ON ESTIMATION BASIS ONLY AFTER REJECTION OF BOOKS OF ACCOUNT WITH A VALID REASON Section 145… Read More
APPLICATIONS FOR CONDONATION OF DELAY IN FILING RETURNS CLAIMING REFUND AND RETURNS CARRY FORWARD OF LOSS AND SET-OFF Comparison of… Read More
OVERVIEW OF NEW RETURN FORMS FOR ASSESSMENT YEAR 2015-16 GOVT. NOTIFIES SIMPLIFIED ITR FORMS; NOW TAXPAYERS EARNING EXEMPT INCOME ABOVE… Read More
CBDT CIRCULAR CBDT extends due date of filing return from July 31, 2015 to August 31, 2015 (No.225/154/201511TA.II -Dated 10thJune,… Read More
INTEREST WOULD BE ENTITLED BY ASSESSEE IF EXCESS SELF-ASSESSMENT TAX PAID EVEN REFUND The assessee would be entitled to interest under… Read More
FOR EARLY & SATISFACTORY RESOLUTION OF TAXPAYERS’ GRIEVANCES RELATING TO VERIFICATION & CORRECTION OF TAX DEMAND OUTSTANDING AGAINST THEM –CIRCULAR… Read More
Loss arising on intra-day trading in shares wasn’t speculative if such transactions were in nature of jobbing Section 73 of… Read More