Taxability of Capital Gains in case of Specified Agreements. {Section 45 (5A) of Income Tax Act} Taxation of Specified Agreements Pre Introduction of Sec.45 (5A): – Transfer: Includes any arrangement or transaction where any rights are handed over in execution of part performance of contract, even though the legal title has not been transferred. Applying […]
किसी भी व्यापार को प्रारंभ करने में बहुत ही महत्वपूर्ण निर्णय होता है कि किस रूप में व्यापारिक इकाई को स्थापित कर व्यापार का प्रारंभ किया जाए . व्यापारिक इकाई के चयन के समय इन पहलुओं पर विशेष ध्यान रखना आवश्यक होता है कि भविष्य में आवश्यकता पड़ने पर उसमें आवश्यक संशोधन किए जा उसके साथ पुनरावृति, पुनर्गठन, समामेलन आदि वाणिज्यिक रणनीतियों का भी आवश्यकता पड़ने पर अनुकरण हो सके व्यापारिक इकाई का निश्चय इस बात पर आधारित रहता है कि व्यापारिक इकाई के उद्देश्य क्या है ,उसके सदस्यों की संख्या कितनी है, उसका कार्यक्षेत्र क्या है, कितनी पूंजी के निवेश की आवश्यकता है, वैधानिक प्रावधान क्या है, कर संबंधी प्रावधान, उपरोक्त चीजों का विश्लेषण करने के पश्चात जो इकाई व्यापार के लिए लाभदायक को उस इकाई की स्थापना का निर्णय लिया जाता है
भारत शुरू से ही एक कृषि प्रधान देश रहा है आज भी यहां की 60% जनसंख्या कृषि पर आधारित उद्योग धंधों के माध्यम से अपना जीवन यापन करती है परंतु आज के समय में कृषि में अनेकों कठिनाइयों का सामना करना पड़ रहा है जैसे सिंचाई के लिए पानी, बिजली, अपने उत्पाद का पर्याप्त मूल्य, अतः केंद्र सरकार द्वारा किसानों को हो रही समस्याओं से निदान दिलाने के लिए विशेषज्ञों की एक समिति का गठन किया गया जिसके अध्यक्ष एक अर्थशास्त्री वाय के अलाग जी थे.
Section 80EEB deduction for interest on Loan for Purchase of Electric Vehicle- Section 80EEB as introduced by Finance Act, 2019. Q 1. Who is eligible to get benefit under Section 80EEB? Ans: An Individual who has taken a Loan for purchase of an Electrical Vehicle from any Financial Institution. Q 2. What is the benefit […]
A capital asset has been defined under section 2(14) of the Income Tax Act. Any gain arising from the transfer of the capital asset is termed as capital gain it can be short term or long term. And when there is a loss on the transfer of a capital asset, the loss termed as a […]
Section 80EEA Deduction in respect of Interest paid on Loan Taken for Acquisition of Residential House Property (Affordable Housing) {Sec. 80EEA as introduced by Finance Act, 2019.} Q 1. Who is eligible to get benefit under this Section 80EEA? Ans: An Individual who has taken a Loan for acquisition of residential house property from any […]
The government is proactive in taking the measures to combat the COVID-19 and the effect of the same can been seen with the measures taken in executing the GST Law with extending the due dates of Filing the GSTR-1 and GSTR-3B Returns without late fee. While relief has been given to Interest also with reduced […]
Introduction The Ministry of Finance (Department of Economic Affairs) has notified the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 dated 17 October 2019 (Principal Rules) in supersession of erstwhile Foreign Exchange Management (Transfer of Issue of Security by a Person Resident outside India) Regulations, 2017 and the Foreign Exchange Management (Acquisition and Transfer of Immovable […]
The Rule 36(4) prescribed that ITC shall be entitled to the extent of the invoices uploaded by the suppliers and gives another 10% of the matched ITC in addition to the matched ITC.
The Delhi High Court has passed a landmark judgment on 5th May, 2020 in the case of Brand Equity Treaties Ltd. v. Union of India and Others. BRIEF FACTS OF THE CASE Cases can be broadly covered under 3 categories such as non-filing, incomplete filing and tried but failed due to utter confusion and chaos. The gist of cases are […]
