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Nagraj Mujumdar

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Latest Posts by NAGRAJ2011

Income Tax Return Non-Filers: CBDT & Finance ministry is watching you

January 23, 2019 20073 Views 4 comments Print

The Finance Ministry has recently sent various notices to income tax return non-filers based on information and analytics generated by NMS. Such notices have been sent through messages, emails and physical letters based on details registered on non-filers PAN database available with CBDT records.

Affordable Housing in India and Section 80-IBA

January 4, 2019 6471 Views 3 comments Print

The Union Budget 2017-18 announced number of measures to boost affordable housing which includes Section 80-IBA which allowed 100% deduction on profits generated by developer or builder of affordable housing project.

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