10 Key Takeaways Vivad Se Vishwas Scheme
Posted on 17-12-2020
Is 20% deduction of interest on Net taxable dividend?
As highlighted in Budget 2020, it proposes to allow deductions of interest expenses to the extent of 20% of dividend income. The author in this article is focusing on the significant aspect which is whether 20% deduction is on net taxable dividend (after deduction u/s 80M) or on gross dividend income. Proposal for sec…
Is Foreign dividend costlier as per Budget 2020
We have made an attempt to analyse proposed provision of section 80M of the budget 2020, which delivers benefit on one hand by removing structural barrier but costlier on the other hand by excluding foreign dividend from avoidance of cascading effect. Author has analysed it for the benefit of readers which can be read in…
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 it will be useful. Will like to receive your feedback on same.
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