CAclubindia News

Amendment to Equalisation Levy Provisions: Key Changes Effective 1st August 2024

27 July 2024 at 09:07

Amendment of provisions related to Equalisation Levy

Posted in Union Budget | 1 comments | 2928 Views

Direct Tax Vivad se Vishwas Scheme 2024: Key Features

27 July 2024 at 09:07

It is proposed that this Scheme shall come into force from the date to be notified by the Central Government. The last date for the Scheme is also proposed to be notified.

Posted in Union Budget | 1 comments | 1521 Views

New TDS Rules for Floating Rate Savings Bonds w.e.f 1st October 2024

26 July 2024 at 14:53

Tax Deduction at source on Floating Rate Savings (Taxable) Bonds (FRSB) 2020

Posted in Union Budget | 735 Views

Amendment to Section 37: Disallowance of Settlement Amounts for Legal Contraventions from April 2025

26 July 2024 at 14:51

Disallowance of settlement amounts being paid to settle contraventions

Posted in Union Budget | 564 Views

Proposed Amendment to Section 55: Clarification on Cost of Acquisition for Equity Shares in OFS and IPOs

26 July 2024 at 14:51

Prior to Finance Act, 2018, section 10(38) of the Income Tax Act, 1961 (the Act) provided for exemption in respect of gains arising from the transfer

Posted in Union Budget | 768 Views

Budget 2024: Exclusion of Section 194J Payments from Section 194C w.e.f 1st Oct 2024

26 July 2024 at 14:49

Excluding sums paid under section 194J from section 194C (Payments to Contractors)

Posted in Union Budget | 1428 Views

Amendment to Section 198: Inclusion of Foreign Taxes in Total Income Calculation

26 July 2024 at 14:48

Inclusion of taxes withheld outside India for purposes of calculating total income

Posted in Union Budget | 537 Views

Budget 2024: Amendment to Curb Misuse of Life Insurance Expense Deductions

26 July 2024 at 14:48

Preventing misuse of deductions of expenses claimed by life insurance business

Posted in Union Budget | 261 Views

CA Foundation June 2024 results likely to be declared on 29th July

26 July 2024 at 13:00

The result of the Chartered Accountants Foundation Examination held in June 2024 is likely to be declared on Monday, (Late evening) the 29th July 2024

Posted in Students | 267 Views

Income Tax Department Clarifies Cost of Acquisition for Pre-2001 Properties Under New Capital Gains Tax Regime

26 July 2024 at 11:21

In the realm of property taxation, a crucial issue has surfaced regarding the Cost of Acquisition for assets bought before April 1, 2001.

Posted in Income Tax | 5808 Views