As you are aware that Capital Gain Tax is charged on transfer of Capital Assets under provisions of Section 45 to 55A of the Income Tax Act, 1961. The main ingredients of Capital Gain Tax are ; 1. There should be a Capital Assets means property of any kind held by an assessee whether or […]
Get the latest updates on income tax return under section 139(8A). Learn about the concept of ‘updated return’ introduced by Finance Act 2022.
Yes, what you have heard is correct. You have to keep your phone away, if you want to be one step ahead of others. If you want to receive something, first you have to give something.
RERA registration of 3 real estate projects have been cancelled by Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). As per the officials’ statements, the promoters of Raksha Vigyan Sanskriti Phase-2, Antriksh Sanskriti Phase-2 and Antriksh Sanskriti Phase-3 have violated provision of the RERA law. These builders have not followed order issued by Authority & project […]
The Reserve Bank of India introduced Integrated Ombudsman Scheme, 2021 on 12th November, 2021. This scheme amalgamates the existing three Ombudsman schemes of RBI namely, (i) the Banking Ombudsman Scheme, 2006; (ii) the Ombudsman Scheme for Non-Banking Financial Companies, 2018; and (iii) the Ombudsman Scheme for Digital Transactions, 2019. The Scheme, framed by the Reserve Bank […]
