House rent addition on notional basis u/s 23 for unrealised rent upheld when property was not vacant
In a recent judgment Chennai ITAT has upheld the addition made for notional house rent under the pro...
When bye-laws was amended, society was entitled to registration u/s 12AA from the date of establishment
In a recent judgment, ITAT Chennai has held that when the amendment was made in the . of the so...
New options for saving capital gains tax
Until now , investors had only a few options to claim tax exemption on their capital gains. They cou...
Why interest rates have been cut and what you should do about it?
The Government has put the axe on interest rates earned from small savings schemes, such as PPF, NSC...
5-minute guide on choosing a tax-saving investment before 31 March
Before you begin reading this, you should first figure out how much money you need to invest to save...
ONLINE REGISTRATION PROCEDURE IN MAHARASHTRA VAT
Online Registration Procedure in Maharashtra VAT PROCESS FLOW : Dealer log on to web-site www.mahava...
SEBI-Mutual Fund Circular-Scheme related additional disclosure to be made
Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/42 &...
MAHARASHTRA STATE BUDGET 2016-17
Highlights of Maharashtra State Budget 2016-17 Maharashtra Finance Minister Sh. Sudhir Mungantiwar o...
Deduction claimed for a pay/wage revision is an ascertained liability not contingent
The deduction claimed for a pay/wage revision is an ascertained liability and cannot be termed as...
Holding Period of capital assets for conversion of bond, debentures etc. into shares of company-Rule 8AA
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES Notifica...