Online Correction Resolution for overbooked TDS Challan
Income Tax Department has raised demand on account of Short payment of TDS challans. After checking ...
Sales of Transfer of Property of Goods Involved in Execution of Works Contract
2014-VIL-12-MSTT M/s ASHOKA INFRASTRUCTURES Vs THE STATE OF MAHARASHTRA Maharashtra Tax Tribunal:Â Â...
Service Tax on AC Restaurant
2014-VIL-340-KER-ST UNION OF INDIA Vs KERALA BAR HOTELS ASSOCIATION Finance Act, 1994 – Sub-c...
NBFC-Revised Regulatory Framework
RBI tightens norms for NBFCs In a bid to bring non-banking financial company (NBFC) norms in line wi...
Penalty order passed U/S 271C for non-deduction of TDS, beyond period of 6 months from date of reference for imposition of penalty would be barred by limitation
Recently, ITAT Jaipur Bench in M.D.S. Universityvs. Assistant Commissioner of Income-tax held that, ...
Difference between Form 16 & Form 16A
Some of our customers have written to us enquiring about the difference between Form 16 and Form 16A...
Do NRIs have to pay Income Tax in India?
For Income Tax pruposes, your residential status impacts how your income is taxed. A Resident Indian...
CBDT Issues Instructions to Its Field Offices Regarding Endeavour Towards a Non-Adversarial Tax Regime
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes 7th Nove...
CBDT to I-T officers: make proper tax assessments
The Central Board of Direct Taxes (CBDT) has directed supervisory officers to play a more proactive ...
How to save Capital Gains Tax on Sale of Land
Did you sell a plot of land? Land is a Capital Asset. However, Agricultural land in a rural area in ...