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Learn how the new tax rules for A.Y 2015-16 in India will benefit the salaried class. Find out about the increased minimum limit and more.
Rajasthan High Court in a very important case namely ACTO vs Jain Hardware Stores has held that no penalty can be levied in the provisional assessment as for leving penalty definite findings and conclusions and many things have to be proved, therefore penalty cannot be levied merely on the basis of provisional assessment.
E-commerce transactions in India are gaining popularity at the very fast pace majorly due to its attributes of ease of shopping, good discounts, social media integration, cash on delivery mode of payment etc. The Industry is all set to grow and beat the records considering the recent show of strength of several E-commerce companies of […]
During our school days, I am sure each one of us would have surely encountered this question – ‘what do you want to become’. I don’t know how many of you would have said chartered accountant, but whatever our answer would have been, am sure none of you would have ever been asked the follow […]
Proposed new annual tax return by the Government – The Ministry of Finance, Government of India, plans to introduce a new annual tax return that will include information from income tax audit report including pS and Income Tax Returns and cost audit report, as it looks to draw information from multiple sources to clamp down on evasion of central excise and service tax.
