Is 20% deduction of interest on Net taxable dividend?
As highlighted in Budget 2020, it proposes to allow deductions of interest expenses to the…
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Is Foreign dividend costlier as per Budget 2020
We have made an attempt to analyse proposed provision of section 80M of the budget…
What is relevant in Budget for you
Budget analysis for Individual;Trust;Corporate;NRI.etc Author has summarized on the basis of relevance to reader. Hope…
Mumbai tribunal gives relief to all the builders.
Provision of sec. 43CA not applicable if builder entered into agreement to sell under-construction flats…
CBDT condones delay in filing of audit report by trust/institution
Delay in the filing of audit reports by trusts or institutions have been condonated by…
Co-owned property can’t be held as owned by assessee while allowing section 54F relief
Restrictions on ownership of co-owned property according to section 54F
Benefits of registration under ‘Startup India’
Benefits of registering under Startup india-Tax exemptions,Funding options etc
Capital Gains-Not to be charged on investment in certain bonds(Effect of section 50C)
Bond Investment should be on CG derived as per 50C value
No reassessment could be made merely on basis of information received from investigation wing – Bombay High Court
Assesse filed its return declaring certain taxable income. Assessing Officer completed the assessment under section 143(3). After expiry of four years from the end of the relevant year, the Assessing Officer received Information from the Investigation wing that ‘N’ Ltd. was a penny stock listed in BSE which was used to facilitate the introduction…
Share Premium Received from Non-Resident is not taxable under Income tax Act.
Share Premium Received from Non-Resident is not taxable under Income tax Act.
Recent amendments on property related matters
Recent amendments on property related matters