Capital Gains vs. Business Profits
Capital gain arising out of holding shares for a short period will not convert it into business income. An Assessee
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Author: Diksha Garg
The Importance of Form 16: Time to make a note of it, Taxpayers
Form 16 is a TDS (Tax Deducted at source) certificate which is issued by an employer/bank/company as they deduct tax
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HUF- a tax planning tool to save Income tax
No one wants to shed their hard earned money in the form of taxes, but unfortunately, there is no escape
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New House is in wife’s Name – Forget about tax-relief from the sale of the house
The Mumbai Bench of Income-Tax Appellate Tribunal (ITAT)’s denied the benefit to be sought from sec- 54 of the Income-tax Act. The reason behind this denial was that the new house bought by the taxpayer was not in his name but in the name of his wife and his adult daughter.
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Reality of the tax-saving lucrative plans offered by the wealth Managers and the Bank Executives
These days’ lots of Insurance companies are coming up with lucrative plans to attract the people. People, on the other
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CBDT on STT requisites and Capital gains taxation- Cases where STT not Applicable
Securities Transaction Tax (STT) is a direct tax which is levied on acquisition and transfer of securities listed on the
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Penalty for Professional Misconduct of Chartered Accountants
Any conduct or action by a Chartered Accountant that brings disrepute to the profession or the Institute is regarded as
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No inquiry could be raised on Income tax returns if no notice
Every year the return has been filed by every earning member of the country. There are various queries regarding the
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Supreme court Judgement: Tax Exemption Ambiguity-Benefit in favor of the Revenue Department
The Supreme Court has ruled that the Assesse has to bear the burden to prove whether his/her case comes within
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Anguish amongst Taxpayers over GST Networks- Flaws in GST Management Leads to Increased the Concerns of the Businesses in India
India’s biggest tax restructuring of the goods and services tax has not been able to appeal the taxpayers. This has
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