FAQ on Cash Receipt of Rs.2 Lakh or More w.e.f 1.04.2017 (Section 269ST)
Section 269 ST has been introduced in this budget, which has draconian provisions. However would these provisions be strong enough to deter a tax... Read More
Rajbir Chawla
Service tax liability on liquor license fee paid to state governments
CA Sudhir V S & CA Venkata Prasad- One of the recent trends has been inquiries and letters by the service tax department to all restaurants/bars/wine shops... Read More
Higher Tax deduction rate for Short term capital gains
The section 111A of the income tax act 1961, lays down the provision for Tax Deduction Rate for short term capital gains. Definition of short... Read More
A searched person cannot be allowed to adjust Cash seized During Income Tax Raid with payment of advance tax
Treatment of Cash seized During Income Tax Raid The Finance Act, 2013 has introduced an explanation to section 132B which states that the ‘existing liability’ does... Read More
Taxability of Capital Gain on Sale of Agricultural Land
Taxability of Capital Gain on Sale of Agricultural Land Sale of agricultural land is liable to tax except for rural agriculture land, as the rural... Read More
Good Openings for Chartered Accountants, CA-Inter Candidates with a reputed group- Vacancies in Bangalore. Gurgaon and Aurangabad
15th December 2016- Do you have Fire in you! Are you are Bright Chartered Accountant with a zeal to perform? Do want to serve with... Read More
Is Your Business Prepared for Initial Teething Troubles GST will Bring Along?
GST may not working simple for reasons as Requirement of Multiple registrations; Onus of deposit on tax is on customer, Exempt customers also first to... Read More
Some ridiculous taxation laws around the world
Are you upset with some ridiculous provisions in the Income tax or other indirect taxes acts? Are you upset with the functioning of the Income... Read More
Euphoria is getting Income Tax Appreciation letter and Income Tax refund which lasts till you realize it was your own money to begin with
The Certificate Category has got no relation with the Tax Compliances or the honesty with which tax deposit has been done by Tax Payer. Assuming... Read More
As GST gets implemented, what would be tax impact on ongoing Government Orders
As GST would get implemented effective 1st April 2017, the tax impact on the products is definitely going to the different. As the rates of... Read More
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar 
Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption 
Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide 
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?