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
Solatium should also be taken into consideration while computing market value of an asset as on 1-4-1981 Section 48 of… Read More
A STEP TOWARDS GST, IN UNION BUDGET 2015 Taking a step towards GST, in Union Budget 2015, Honourable Finance Minister… Read More
CORPORATE AND PROFESSIONAL UPDATE SERVICE TAX AMENDMENTS Clarification about the Rate of Service Tax The rate of Service Tax will… Read More
Method of accounting - Estimation of profit -Net profit rate-Section 145 of the Income-tax Act, 1961 AO couldn't disallow… Read More
Sec. 54F relief available in entirety if investment exceeds sale proceeds, irrespective of usage of housing loan Section 54F read… Read More
Exemption of Capital gains - in case of investment in residential house Section 54F of the Income-tax Act, 1961 -… Read More
IMPORTANT UPDATE ON INCOME TAX: NOTIFIED ITR-1, ITR-2 & ITR-4S FOR A. Y. 2015-16 AND CHANGES IN RULE 12 OF INCOME… Read More