entry tax in madhya pradesh

News

BRICS countries expresses commitment to ensure fairness of the International Tax System


Joint Communiqu issued at the end of the two day Meeting of the BRICS Heads of Revenue and Experts on Tax Matters at Mumbai today Heads of Revenue express their continued support to all international initiatives towards reaching a globally fair and universally transparent tax system Reiterate their

Tax Investigations unearth misuse of Jan Dhan Accounts


Tax Investigations unearth mis use of Jan Dhan Accounts Account holders once again urged by CBDT not to consent to any kind of mis use of their accounts which would expose them to the dangers of being held responsible for the tax evasion by unscrupulous elements Investigation being conducted by the

No seizure of gold jewellery upto 500 grams per married lady and 250 gm for unmarried


Government clarifies that the apprehension sought to be created that the jewellery with the household which is acquired out of disclosed sources or exempted income shall become taxable under the proposed Taxation Laws Second Amendment Bill 2016 is totally unfounded and baseless In the wake of Taxati

Bill introduced by govt in Parliament to tax black money


Taxation Laws Second Amendment Bill 2016 introduced in Lok Sabha A scheme namely Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana 2016 PMGKY proposed in the Bill Evasion of taxes deprives the nation of critical resources which could enable the Government to undertake anti povert

ICAI denies any leakage of question paper of Direct tax law exam


No leakage of question paper relating to Paper 7 Direct Tax Laws of CA Final examination held on 13th November 2016 Our attention has been drawn to some unfounded reports in social media on alleged leakage of question paper relating to Direct Tax Laws Paper 7 of CA Final Examination held on 13th Nov

More News



Experts Opinions

Income tax on rent recived by tenant by subletting


This is a question regarding the Income on house property Person A lease his house H to his mother B A doesnt lives in house H but B lives in that house There is nominal lease amount X Now B gives part of the house H to grandson C on rent C pays a hefty amount Y of rent to B Now if B shows the incom

Tax


how will the son prove to the Department that the cash has been gifted by his father

Advance tax


I comes under super senior citizen income tax slab rate I am partner in a LLP Firm i am investing In shares Mutual Funds I am Liable to pay advance tax or Exempted From Advance tax

Income Tax Appeal


Assessee is Non resident not having PAN order under 144 made by AO Is he can submit form 35 for appeal offline and how to pay the appeal fees

Professional tax on partner's remuneration


Is partner s remuneration liable for professional tax Can he produce any document for non deduction of professional tax and can pay on his own

Discussion

Meaning of serve u/s 153 of income tax act 1961

what is the meaning of serve u s 153 for the purpose of completion of assessment as per 147

Accounts till data entry to finalization

Hi Can anyone share the accounting process from Data entry to till finalization with examples

Income tax on rent recived by tenant by subletting

This is a question regarding the Income on house property Person A lease his house H to his mother B A doesnt lives in house H but B lives in that house There is nominal lease amount X Now B gives part of the house H to grandson C on rent C pays a hefty amount Y of rent to B Now if B shows the incom

Tax implications

One of my friend has filed a suit against the promisory note in 2002 Promisory note amount is 15 Lakhs and year inwhich promisory note has return is 1992 and as per court judgement she won the case and now he is receiving 65 Lakhs rupees what will be the tax implication on those received amont

Service tax on repair & maintenance service to hospital

One of our client having hospital a pvt ltd company under section 12AA I want to know whether repair maintenance service without any supply of goods i e not works contract provided by partnership firm to them is taxable or not

More Messages






File Download


More Files

Articles

How to Promote Cashless Economy & Tax Compliance


Our government is taking various steps to move the society to cashless economy as well as compliance of tax laws by them Although it needs various reforms in various economic laws and the results cannot be achieved overnight yet some change in Income Tax law for individuals and HUFs can turn the sit


Input tax credit under GST


style2 text align justify style3 text align justify margin leftt 40 5pt 1 GENERAL OVERVIEW Input Tax Credit is the backbone of the GST regime GST is nothing but a value added tax on goods services combined It is these provisions of Input Tax Credit that make GST a value added tax i e collection of t


Regulation of tax professionals by different countries


It would be difficult to have a well functioning tax system without tax advisors Because most taxpayers are not familiar with the intricacies of tax laws tax advisors are needed so that taxpayers can fulfill their complicated tax obligations As informed members of the public tax advisors also provid


A complete list of Penalties under Income Tax Act, 1961


1 Penalty under Section 270A Penalty for under reporting and misreporting of income If during the assessment proceedings it is found that an assessee have under reported or misreported his income then penalty u s 270A will be imposed on the Assessee This is the harshest penalty that can be imposed b


Currency Ban: How penalty cannot be imposed on cash deposits in bank account under Income Tax Act, 1961


Introduction We are going through a very unusual phase of Indian economy where people are rushing nowhere carrying cash in hand I have experience it first time when people are ready to pay the full amount of tax or they are ready to even forego 50 of the amount still they are not able to buy peace o


More Articles


Updated on : 12/6/2016 7:56:13 PM


EY


× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
  SHARE THIS