TDS on payment of salary, remuneration, interest, bonus or commission by partnership firm to partners
Section 47 of the Act provides exclusion to certain transactions not regarded as transfer for the purposes of chargeability under 'Capital Gains' under section 45.
Reporting of income from letting out of house property under 'Income from House Property'
Revision of rates of securities transaction tax by amendment to the Finance (No.2) Act, 2004
Tax on distributed income of domestic company for buy-back of shares
The Direct Tax Committee of the Institute of Chartered Accountants of India (ICAI) organized a special discussion on the Union Budget 2024-2025 at the Siri Fort Auditorium in New Delhi.
Proposed to introduce a provision in section 206C of the Act, to allow the Board to notify the rules for cases where credit of tax collected are given to person other than collectee.
Increase in limit of remuneration to working partners of a firm allowed as deduction
The Union Budget 2024-25, presented by the Hon'ble Finance Minister outlines significant efforts for boosting employment in the country with Employment and Skilling being one of its' priorities.
Amendment to include the reference of Black Money Act, 2015 for the purposes of obtaining a tax clearance certificate
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