Important Tax cases related to Real Estate Industry
1. Sec 54/54F benefit is available in case the new asset is used for business/profession –…
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Blogs
No Gift Tax on Security Premium in Case of Right Issue
1. The tax office says the issue of shares to existing shareholder @ face value…
New Propose SEZ Law can be a booster for Exporters
The present SEZ law extends tax benefits based on performance to the exporters. SEZs are…
Budget Mania 2022 : Highlights of Important Amendments of Reopening Cases
1. Budget 2021 demands officer to enquire/give opportunity/get approval before issue of notice 2. Since…
Budget Mania 2022 : TDS On Perquisite Or Benefit To Resident In Business Or Profession
1. Any benefit or perquisite provided to a resident 2. Arising from carrying out of…
9 Pointers to Know About New Reassessment Regime Under Income Tax
1. Under the new regime reopening is based on Information flagged by risk management strategy…
Taxability Due to Significant Economic Presence (Sep) in India
[vc_row][vc_column][vc_column_text] SEP covers the below-mentioned transactions E-com transaction, E-books, music, video streaming, Online app/software purchase,…
5 Key Points for Renewal of NGOs Registration
[vc_row][vc_column][vc_column_text]1. Registration and approval of NGOs is made completely electronic under which a 16 digit…
Whether TDS Credits Be Transferred
Sec 199 provides for giving credit only to persons from whose income tax is deducted…
TDS Saga on Purchase of Immovable Property
194A provides for TDS on any sum credited by way of consideration for transfer of any…
7 Issues of Faceless Assessment and Appeals and Their Way Forward
The Faceless Assessment and Appeal Schemes were introduced and made effective from 2020. These Schemes…