Interest income from variable capital contributed in Partnership firm-It is exempted services. However value of services is considered for aggregate Turnover under GST Act.
AAR Gujarat explains What Will Be The Value Of Supply For Sale of Residential/Commercial Property With Undivided Rights of Land
If PAN is not linked with Aadhaar by March 31, 2023, then next year starting April 1, 2023, your PAN will become inoperative. Once your PAN becomes inoperative, your will not be able to file income tax return, open bank account, invest in mutual funds etc.
Article analyse landmark case of V.K. Kaul v. Adjudicating Officer Securities & SEBI. This case was decided on 8th of October 2012 by SAT.
Section 54(3) provides for a claim of refund of unutilized ITC. Rule 89(5) provides a formula for the refund of ITC, in a case of refund on account of inverted duty structure.
LOAN AND INVESTMENT MADE BY COMPANY as per section-186(1)- A company shall not make investment through more than two layer of investment company.
Explore Section 80EEB – Income tax deduction for individuals on electronic vehicle purchases. Eligibility, conditions, and maximum deduction of Rs. 1,50,000. Learn how the provision benefits personal and business use, ensuring compliance and tax-saving opportunities.
Navigating the delicate balance between Transparency & Confidentiality in the Valuation Profession. Discover the ethical considerations, standards, and practices to maintain trust, reliability, and professionalism in the field. Learn how professionals can uphold the pillars of their profession while meeting the expectations of clients and stakeholders.
Unlock the potential of Employee Stock Option Schemes (ESOS) and Employee Stock Purchase Schemes (ESPS) for unlisted public and private companies under the Companies Act, 2013. Learn the eligibility criteria, procedures, and income tax implications. Stay informed about the valuation of shares and key provisions for a seamless implementation.
The e-book Pratidhwani showcases policy initiatives and changes in Income Tax Department and growth of nation through the lens of Department’s outreach programmes during the period 2000 to 2022.
