admin Alternate Investment Fund, CBDT July 30, 2014 CBDT on AIF Income from Alternate Investment Fund to be taxed at 30% Trustees of the fund will be taxed if inves... Read More
admin Service Tax July 28, 2014 Changes in the Provision of Service tax effected due to Notification and Circulars (1) Notification No 06/2014- ST amended the following provision of Mega Exemption Notification 25/20... Read More
admin FEMA, Income Tax July 27, 2014 Checklist to File Form 15CA & Form 15CB Nowadays Form 15CA and 15CB are of a lot importance. We professional at least have to issue one Form... Read More
admin Contract, Customs July 25, 2014 Splitting of Contracts The main thrust of the arguments of the learned Solicitor General before us was that the price for t... Read More
admin income tax return, Income-tax Act, 1961 July 18, 2014 Why do I have Tax Due? You are filing up your Tax Return, you input all the information – Salary details from Form 16, In... Read More
admin Income Tax July 15, 2014 Tax on Compensation on Voluntary Retirement or Separation As per Section 10(10C) any compensation received upon voluntary retirement or separation is exempt f... Read More
admin Income Tax, Income Tax Deductions July 14, 2014 Increase Limit of Deduction Under Section 80C Under the existing provisions of section 80C of the Act, an individual or a Hindu undivided famil... Read More
admin Income-tax Act, 1961 July 14, 2014 Interest on Housing Loan increase to Rs. 200000 The existing provisions contained in section 24 of the Act provide that income chargeable under ... Read More
admin Income Tax Deductions, Life Insurance Policy July 14, 2014 TDS 2% on Non-Exempt payment under Life Insurance Policy w.e.f 01.10.2014 Under the existing provisions of section 10(10D) of the Act, any sum received under a life insur... Read More
admin Capital Gains, Income-tax Act, 1961 July 14, 2014 Exemption Under Section 54EC Limited to 50 Lacs Capital Gains Exemption on investment in Specified Bonds Accordingly, It is proposed to insert a pro... Read More