Tax on Capital Gains can be saved by making investments in accordance with the exemptions provided under the Income Tax Act, 1961. Tax exemption for the Capital Gain arising out of the sale of long-term capital asset- Investment in specified bonds – Exemption under Section 54 EC – 1.Tax can be saved by investing in bonds […]
The word ‘AUDIT’ has Latin origins. It is derived from the Latin term ‘audire,’ which means to hear as back then auditor used to listen to the accounts read over by an accountant in order to check them.
Taxability of grants and donations received by Trusts -AAR Maharashtra in Re: Jayshankar Gramin Va Adivasi Vikas Sanstha The whole issue w.r.t. decision by AAR Maharashtra, in the matter of Jayshankar Gramin Va Adivasi Vikas Sanstha (for short referred to as Sanstha hence forth) revolves around the applicability of Sr. No.1 of Exemption Notification No. […]
The order is bad in law. This we say so, for two reasons- (a) violation of principles of natural justice, i.e. Fair opportunity of hearing. No sufficient time was afforded to the petitioner to represent his case; (b) order passed in nature, does not assign any sufficient reasons even decipherable from the record, as to how the officer could determine the amount due and payable by the assessee.
Learn how to easily enroll for a Digital Signature and use it to file your Income Tax Return online. Make the process hassle-free and secure.
DPIIT can consider PMP for the White Goods Industry- Shri Anurag Jain, Secretary, DPIIT at DPIIT-FICCI Investor Round table on PLI for White Goods DPIIT to support PLI investors to get faster clearances for projects Components Plants coming up at over 50 locations across India Over whelming Response to PLI for White Goods Industry Speaking at […]
As a proactive step, Government has already placed countries where this VoC has been found in the category of ‘At-Risk’ countries for additional follow up measures of international travelers coming into India from these countries.
As per new Travellers Covid-19 guidelines coming to Maharashtra state from any international destination shall be governed by directions of govt of India in this respect. Domestic travellers coming to Maharashtra shall either be fully vaccinated or carry RT-PCR test valid for 72 hrs. GOVERNMENT OF MAHARASHTRA Department of Revenue and Forst, Disaster Management, Relief […]
