Taxation of RSUs and how to report them in your income tax return
Several corporates award their top performers with RSUs. RSUs or Restricted Stock Units, as the name...
Received a reminder email to e-file tax return from IT Department – What to Do?
Dear Taxpayer, By this time last year, you may have had already electronically filed your Income Tax...
CESTAT : Maintenance deposit collected by builder before society formation non-taxable; Follows earlier ruling
‘One-time maintenance charges’ collected by builder-assessee from flat purchasers not exigible t...
FDI in Retail
The activities related to sale of goods or services, and all the entities that sell goods to the ult...
Input Tax Credit for SEZ Works contract, Karnataka VAT
2015-VIL-339-KAR THE STATE OF KARNATAKA Vs M/s GOPALAN ENTERPRISES, (INDIA) LTD Karnataka Value Adde...
New Residential Status rule for Indian citizens who are crew on an Indian ship
The CBDT has issued a notification whereby there is a new rule for residential status of Indian citi...
ST Clarification on Section 73,76 & 78
F.No.137/46/2015-Service Tax GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL B...
Retrospective exemption to Transmission and Distribution of Electricity
Service Tax – retrospective exemption to transmission and distribution of electricity – Appl...
Clubbing Income and Income Tax – Practical Cases
Clubbing of Income meaning including income of another person in your income. An obvious question is...
Section 44AD of Income Tax Act
Section 44AD – The Income Tax Act, 1961. Find Complete for Section 44AD. In this article you ca...