Investment in gold bond is an investment in gold; however, it doesn’t involve investment in the form of coin, jewelry or a gold bar. Its value... Read More
Here we talk about one of the many aspects i.e. Input Tax Credit (ITC) as a part of the Model GST Law that has been... Read More
The Income Tax Appellate Tribunal at Ahmadabad in the case of Dharamshibhai Sonan 22, Kamalpark Row House, Kapodara, Varachha Road, Surat – 395 006 having... Read More
Income Tax Return forms the base for any and every Indian citizen and is mandatory. As per Section 139(1) of Income Tax Act 1956, it... Read More
One of the most important terms used in Income Tax, 1961 is Cost Inflation Index (CII). Understanding this term is very crucial for the correct... Read More
The Indian Finance Minister Mr.Arun Jaitley during the Union Budget 2016 stated that for bringing the number of taxation cases and litigation down across the... Read More
The vulnerabilities of the Income tax department’s Data security Systems have become a hot topic of discussion once again with the latest news of yet... Read More
Clubbing of income refers to the inclusion of other person’s income in the assessee’s final taxable income, for instance, income earned by the spouse from an... Read More
You are wrong if you think that all your life insurance needs are covered with an accidental death and dismemberment (AD&D) policy. There is... Read More
Funds apart from equity-oriented funds, short-term gains are gains made on assets which assessee holds for less than 3 years and are taxable as per... Read More