Popular Articles

Mediclaim - Life Relief + Tax Relief

Rahul Poddar 08 January 2010 at 17:06

MEDICLAIM – Life Relief + Tax Relief Now-a-days people are so busy in their life that they forget the uncertainties with which they are surrounded; likewise they also forget to protect themselves from the outcome of such uncertainties. Let me

Post incorporation works

CS Divesh Goyal 30 September 2014 at 11:00

In my earlier article (Series-16) Incorporation of Companies & Table of Procedure of Incorporation of Company under Companies Act-2013, I explained detailed procedure for incorporation of company. After Incorporation many works are requir

New Gold Limits at Home as per IT Act 2025: Inheritance beyond Then be Ready Raid is Coming!

Mitali 09 January 2026 at 13:17

How much gold can you legally keep at home? Know CBDT Instruction 1916 safe limits for gold holdings, rules during income-tax raids, disclosure in ITR, and penalties on unexplained gold under Sections 69/69A.

Income Tax Audit 2025: Businessmen and CAs Tension, Demand for Deadline Extension

LegalDev 22 September 2025 at 08:24

With the September 30, 2025 Income Tax Audit deadline approaching, only 8% audits are done. CAs and traders demand deadline extension due to workload, delays and festivals.

GST- A Broad Overview

MEHAK BATHLA 23 April 2016 at 11:59

Introduction of Goods and Service Tax (GST) will indeed be the next logical step towards a widespread indirect tax reforms in India since the introduction of Value Added Tax in 2005. The reference of GST was first made in

Related Party disclosure under IFRS

CMA Ramesh Krishnan 25 April 2016 at 10:59

Current business scenario, the related party relationship are normal feature of any business, It may be through subsidiaries, joint ventures and associates, these kind of business arrangements generally affect the b

Real estate bill passed: Here are the benefits for home buyers

Anand Satyapanthi 16 March 2016 at 11:22

The much awaited Real Estate Bill was passed in Lok Sabha on Thursday, 10th March, 2016. The core objective of the bill is to protect the buyer�s interest and also to bring the transparency to the sector.The bill was presented in 2013 and amend

Issue of reversal of Input Tax Credit on Iron and Steel Goods

Rajeev 9814214503 30 September 2014 at 11:01

Question is:Whether in terms of Rule 21(8) reversal on the stock at the rate of 2.20% i.e. (4.95 minus 2.75 ) of the available Input tax credit on such closing stock should be made? Brief Facts are :Date of Notification of Reduced rate of VATNotifica

"Jaitley" ki "Potli" mein kya hai?

CA Umesh Sharma 23 February 2016 at 10:43

Arjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jaitley will declare Finance Budget of 2016-17 on 29th February in the Loksabha. As it is 2nd budget in the tenure of P. M. Modi, everyone is

Tax Deduction on Purchase of Immoveable Property

Prateek Manocha 28 June 2013 at 12:27

This provision is applicable on transfer of immoveable property of Rs. 50 lacs or more. It requires TDS to be deducted at 1% of the price being paid by the purchaser of an immoveable property, irrespective of quantum of capital gains. If the seller d