"Chartered Accountant in practice in the name of M/s Rajendra Saraf and Associates, since 1987 at Jodhpur dealing in Income Tax related matters including representing before various authorities & appellate forums viz. CIT(Appeals) and ITAT. Served the profession in various capacities including Treasurer, Secretary and Chairman of the Jodhpur Branch of the Institute of Chartered Accountants of India. Addressed various seminars and study circle meetings on tax related matters. Contributed articles to tax journals etc. Had been President of the Individual Development Organisation "Marudhara Jaycees" (Affiliated to International Jaycees through Indian Jaycees) for the year 2011-12. My mobile no. is 9785002046."
Profit on transfer of a capital asset is chargeable under the head Capital Gains. Section 45 makes the gains arising out of the transfer of a capital asset chargeable to tax under the provisions of the Income Tax Act, 1961. However, the chargeability has been subjected to the provisions of sections 54, 54B, 54D, 54E, […]
TAX DEDUCTION AT SOURCE (TDS) In order to ensure better tax compliance and ensuring the timely payment of tax to the Government treasury, a mechanism has been established by making it mandatory for certain persons responsible for making payment of some expenses to deduct tax from such payment and deposit it to the Government account. […]
