Notification on Transfer Pricing
SECTION 92C OF THE INCOME-TAX ACT, 1961 – TRANSFER PRICING – COMPUTATION OF ARM’S ...
Leave Encashment Exemption
Employers usually have a Leave Encashment policy – some may allow you to carry forward a certain t...
PLACE OF PROVISION IN SERVICE TAX
The Place of Provision of Services Rules, 2012 [As amended by N. No. 14/2014-ST dated 11-07-2014 eff...
RBI is in the process of modifying definition of wilful defaulters, says Rajan
RBI Governor Raghuram Rajan today said that the central bank is in the process of modifying the defi...
CBDT extends return of Income / ITR Due date to 30.11.2014
Due Date for filing of return of Income for Assessment Year 2014-15 Extended from 30th September, 20...
CBDT mandates issue of nil TDS certificate to deductor and lower TDS certificate to recipient of income
As per the Provision of the Income Tax Act, 1961 (‘the Act’), CBDT has issued a notifica...
MCA tweaks norms for DIN, excludes requirement of PAN in data bank of eligible independent directors
COMPANIES (APPOINTMENT AND QUALIFICATION OF DIRECTORS) AMENDMENT RULES, 2014 – AMENDMENT IN RU...
Income Tax 8th Amendment regarding Depreciation w.e.f. 01.04.2014
CBDT has issued a notification regarding depreciation on Machinery and Plant w.e.f. 01.04.2014 which...
CBEC on Service Tax on Joint Ventures
FinMin clears air on service tax levy on joint ventures The Finance Ministry has made it clear that ...
Deduction U/s 80EE – Deduction of Interest on Loan Taken for residential house property
Deduction in respect of interest on loan taken for residential house property [Section 80EE, applica...