The year 1998 saw the dissolution of the Gift Tax Act which led to the creation of a very dynamic section-Section 56(2) of the Income... Read More
Income Tax
A new format has been notified by the CBDT for Form 16, which is the salary TDS certificate. It would be requiring an in-depth break... Read More
How to avoid long term capital gains tax under section 54 and 54F of the Income Tax Act, 1961? In order to understand how to... Read More
It’s the season of tax filing and yes, the due date for filing of your ITR for the fiscal year 2018-19 is fixed at July... Read More
Ask any business adviser for tips for business success and the first thing they will harp on will be a business plan. Apart from steering... Read More
Interim Budget 2019 comes up with so many tax proposals. One such proposal is that no tax to be paid on income up to 5... Read More
Today If you are a business owner, you are already well aware of the value that each of your employees brings to the organization. Without... Read More
14 Feb 2019 – CBDT has issued a directive in which it has stated that the Pr.CIT shall ensure that the Assessment Orders(AOs) which also... Read More
Sec 147: Reopening of assessment: Delay in filing objections by the assessee to the reasons given by AO and leaves him with little time to... Read More
Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... Read More
