Clause (2) of section 17 of the Act, inter alia, provides the definition of “perquisite”. However, certain exceptions have been provided which shall not include as perquisites.
1. Section 79 of the Act provides for carry forward and set-off of losses in case of certain companies. Sub-section (1) of the said section, inter-alia, provides that where a change in shareholding has taken place during the previous year in the case
The Finance Bill, 2022 as introduced in Lok Sabha
he provisions of Finance Bill, 2022 (hereafter referred to as "the Bill"), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as 'the Act'),
ICAI invites suggestions on tax proposals of Union Budget 2022-23 latest by 11th February, 2022.
Union Budget 2022 | Indirect Direct Tax Proposals
Union Budget 2022 | Direct Tax Proposals
This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman while presenting the Union Budget in Parliament today.
At the outset, I want to take a moment to express my empathy for those who had to bear adverse health and economic effects of the pandemic.
DATA CENTRES AND ENERGY STORAGE SYSTEMS TO BE INCLUDED IN HARMONIZED LIST OF INFRASTRUCTURE
All Subjects Combo (Regular Batch) Jan & May 26