Income tax Updates: Direct tax collection has risen up by 15.7% for the period of April-November as compared to previous… Read More
GST on Housing Societies & Resident Welfare Associations. supply of service by RWA (unincorporated body or a registered non- profit… Read More
CBDT clarifies extension validity of lower or nil TDS/TCS certificate CBDT issued order an explanation/ clarification U/s 119 on 9-04-2020… Read More
CASE UPDATES: It is explained by the Central Board of Direct Taxes (CBDT) that the limited scrutiny cases referred under… Read More
Direct Tax: ITAT Mumbai held that set-off of long-term capital loss on sale of unquoted equity shares against gain on… Read More
Direct Tax : Delhi ITAT rejects TPO/DRP’s Net Asset Value (NAV) based ALP for benchmarking consideration for sale of shares… Read More
Direct Tax : Delhi ITAT holds that payment made by assessee company to individuals (resident of Germany and Switzerland) for AY… Read More
DON`T LOSE YOUR DIRECTORSHIP -ENSURE YOUR KYC COMPLETED LAST DATE OF DIN KYC UPDATE HAS BEEN EXTENDED For the purpose… Read More
Penalty and Interest can be imposed if a person needs to reduce TDS. In the article, we cover the applicable… Read More
Direct Tax : Bombay HC upholds ITAT order and rules in favour of Revenue, denies Sec. 80-IB deduction to assessee-company outsourcing manufacturing… Read More