Return of income (ITR) can now be filed without pre-payment of self assessment tax and interest
In order to rationalise the time allowed for filing of returns, completion of proceedings, and reali...
CHANGES MADE IN DIRECT TAX LAW BY UNION BUDGET 2016-17
Changes made in Direct Tax Law by Union Budget 2016-17 A. Tax Rates and TDS No change in basic exemp...
TDS on payments by broadcasters/TV channels to production houses for production of content, programme for telecasting. CBDT Circular-04/2016
Circular No.4/2016 F.No.275/07/20 16-IT(B) Government of India Ministry of Finance Department of Rev...
Outstanding disputed demand stay to be granted by assessing officer on payment of 15 percent till disposal of first appeal if pending before CIT(A)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RE...
Advance received adjusted against sales made could not be added under section 68 treating the same as unexplained
THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘SMC’ BENCH, KOLKATA I.T.A. No. 2284/KOL/ 2014 Assess...
Should TDS be deducted on service tax?
A common query regarding the deduction of TDS that we get is whether TDS is to be deducted on servic...
Levy of excise duty on jewellery in Budget-2016-17-Clarification
Ministry of Finance Press Release Clarifications on levy imposed on jewellery In this year’s Budge...
Indirect Tax Dispute Resolution Scheme, 2016
1.1. The dispute resolution scheme aims to reduce the ...
Budget Highlight of the State of Gujarat
Gujarat State Budget Highlight 1. E-Commerce Transactions to be covered under purview of Entry Tax:-...
Individual Income Tax Return: A Guide
Individual Income tax return can be filed online or offline. As per income tax Act, Individual is in...