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Enable taxpayers from countries like Germany, France, Singapore and Italy to file for bilateral APAs: ICAI

Ground rent shall be allowed as deduction in addition to section 24(a) : ICAI

Section 23(5) – Deemed Taxability of unsold stock of house property after 1 year of lying vacant – Non-applicability of restriction contained in section 71(3A)

Section 92CE Introduction of secondary adjustment- ICAI Suggestions

Tax LTCG on shares of a company in which public are not substantially interested at concessional rate of tax @ 10%: ICAI

Budget 2018- General Anti Avoidance Rule- ICAI Suggestions

Section 50C: Option for adopting stamp duty value on date of agreement- ICAI Suggestion

Raise Section 54EC Capital gains exemption limit to Rs. 1 Crore: ICAI

Clarify Section 54 and 54F – Capital gains exemption in case of investment in ONE residential house property in INDIA: ICAI

ICAI suggests Certification of deductions claimed U/s. 54, 54F, 54EC etc

Section 50CA – Valuation of shares of a company in distress- Suggestion by ICAI

Section 56(2)(ix): Taxability of forfeited advance for transfer of a capital asset: Budget Suggestions

Fully exempt Employer contributions to approved superannuation fund: ICAI

Allow deduction for maintenance charges paid to a housing society: Section 23
Explore the latest Budget updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
