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
CLARIFICATION ON RATE OF SERVICE TAX - REGARDING 1. Doubts have been expressed in various forums regarding the proposed increase… Read More
No disallowance if TDS is deposited before due date of filing return; amendment to sec. 40(a) (ia) has retro-effect Section… Read More
PENALTY FOR CONCEALMENT OF INCOME - EFFECT OF DISALLOWANCE OF CLAIM No penalty on disallowance of capital gains if disclosure… Read More
NEW CHANGES ON TDS: Section 192 (2D) – TDS on Salary: The person responsible for making the payment referred to… Read More
ALL ABOUT INCOME-TAX ASSESSMENTS PROCEDURES, APPEALS & REVISION TIME FOR FILING RETURN OF INCOME [SEC. 139 (1)] Different Situations Due Date… Read More