Direct Tax: Gujarat HC upholds ITAT order, confirms unexplained cash credit addition u/s 68 in case of assessee (an individual), with respect to receipt… Read More
CORPORATE AND PROFESSIONAL UPDATES 24TH FEB 2018 Profit from sale of land after dividing it into small plots not to… Read More
CORPORATE AND PROFESSIONAL UPDATES 23RD FEB 2018 Direct Tax: A non-resident company supplied billing software to 'Reliance' for purpose of… Read More
All About Deductions U/s 80CCD of Income tax Act Income Tax Act, 1961 provides various tax deductions under Chapter VI-A… Read More
Direct Tax: Delhi High Court has refuses to set aside re-assessment notice U/s. 147/148 issued by Income Tax Department to… Read More
Direct Tax: Assessee wasn't entitled to claim sec. 54F relief if agreement to sell property wasn't executed by buyer within… Read More
CBDT issues an instruction for conducting the scrutiny assessments electronically. As per the instruction, except search related assessments, all scrutiny… Read More
Corporate And Professional Updates 5th Feb 2018 RBI Update: The Reserve Bank of India has imposed a monetary penalty of… Read More
Online in 54EC Capital Gain Bonds help to Save Long Term Capital Gain Tax The below are the provisions of… Read More
MASSIVE INCREMENT IN PROSECUTION ON TAX EVADERS- ON BLACK MONEY & MONEY LAUNDERING BY GOVT The Income Tax Department has… Read More