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 recognized stock exchanges. It is... Read More
Income Tax
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 been the first most significant... Read More
Understanding Exemptions under Section 54, 54EC & 54F
Section 54 of the Income Tax Act, 1961 provides the seller of a residential property with relief from capital gains tax, if the proceeds from... Read More
Direct Evidence needed for adding cash Income to the Assessee
The case was heard by the Income Tax Appellant Tribunal between the ACIT of the eighth circle of Mumbai henceforth to be referred as Revenue... Read More
Jurisdictional Requirements should be met for Penal Charges to be applicable under Sec 271AAA
2 min read
There is a protocol that is followed in every search and seizure operation conducted by the Income Tax Department. The Assessing officer has guidelines to... Read More
Home Loans and How to Pay Your Home Off in Half the Time
Having a home can be a huge leap toward financial independence and can be a huge statement towards your personal achievements. However, not everyone is... Read More
Tax evasion in India – Why do Indians feel they are justified in evading income tax?
The most stereotype thought process amongst Indian population is that “if such a few numbers of people pay taxes why should I?”. This is because... Read More
Stay away from CAs and Advocates Who Misguide You to Get Higher Returns
Income tax filing process should be seamless and accurate. If you follow the basics, there would be minimal hassles with this process. However, if you... Read More
A Quick Guide to Property Tax in Malta
3 min read
Owning property in the island nation of Malta is a delight really and while that has a lot to do with the beautiful location itself,... Read More
A Guide to Capital Gains Tax in Perth Australia
Any time you sell a capital asset (i.e. – a real estate property or shares in a company) typically the sale is made for either... Read More
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return 
What is Income Tax Liability on Income from trading in Future and Options 
The Importance of Filing Your Income Tax Return on Time: A Financial Must-Do 
Is Addition made by Assessing officer on basis of mismatch between AIR and F26AS Justified