Let's begin with a small story, there is one person named Mr. Sham residing at Pune, he is having a Raw house of around 5000 square feet, he constructed t
The announcement made by the Finance Minister (FM) of no tax liability for income upto Rs. 5 lakhs created euphoria initially. This most beneficial proposal i...
BACKGROUNDGifts have always been a topic of hot discussion as far as income tax laws in India are concerned. We have experienced a lot of changes in taxability ...
As the last date of income tax return (ITR) filing date nears, most taxpayers find it confusing to deduce their taxable amount. With the introduction of e-filin...
When we are disagree with the assessment order passed by AO, we prefer appeal to the higher Authority, the First Appeal shall be preferred before Deputy Commiss...
Wherever there is even a whiff of money, the taxes unabashedly sneak in.Yes, taxes are hard to avoid. That is why, whether you're living in India or are an NRI,...
The pre-amended Article 370 of the Constitution of India coming under part XXI, granted �special autonomous status� to the State of Jammu and Kashmir.�
The Interim Budget 2019-2020 is a political budget in view of ensuing elections
IntroductionUnder the Income Tax Act, 1961, the taxability of an assessee is reliant on the residential status of the assessee. Section 6, which governs the det...
TAX PLANNING FOR A LAND DEVELOPERThere is no specific exemption is available in Income Tax Law to non-individual assesses to save tax on Gain on Sale of Immovab...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English