Credibility of Electronic Voting Machines- regarding. 1. The Election Commission has observed that after declaration of result of the recently held General Elections to the State Legislative Assemblies of Goa, Manipur, Punjab, Uttar Pradesh and Uttarakhand, some political parties have raised voice against the credibility of the ECI-EVMs, alleging tampering of EVMs during the said […]
As we know Goods & Service Tax (GST) Council at its meeting to be held on 16th March 2017 shall approve State GST law (SGST) and Union Territory GST Law (UTGST).
It is crystal clear proposition of law that when there is no element of income and there is mere reimbursement made there is no question of deduction of TDS.
We all know what GST is and we know it will subsume all the existing indirect taxes. It is going to be a real boost for the economys growth and it is in line with the global practices.
In this case assessee having got 15 flats along with his two sons will not disentitle him from getting the benefit U/s. 54F of IT Act only on ground that all the 15 flats are not in the same Block, particularly in the light of admitted factual position that all the 15 flats are located at same address.
Right from the beginning there have been emphasis on the changing and incorporating the suitable provisions in respect of Income Tax Return (ITRs) forms. Going are the days for the manual filling and filing of the ITRs. There is continuous emphasis on the e-filing of the ITRs.
Services provided by an educational institution (as defined) to its students, faculty and staff are exempt under clause (a) of Notification Number ST-25/2012 dated 20/06/2012.
Krishna, In India, the colourful festival of holi is celebrated with lots of joy and excitement. Children are waiting for this festival eagerly. So is the finance world waiting for GST. Let’s discuss about these beautiful and knowledgeable topic GST and Holi .
We have received a copy of Draft State Goods and Services Tax Bill, 2017 on Social Media which is a Tentative Draft dated 28.02.2017. Source of Draft bill is unknown and seems to be leaked by someone who is associated with preparation / Finalization of Bill. We have uploaded the same on our website for […]
Operation Clean Money; Income Tax Department identifies 17.92 Lakh persons whose tax profiles were not in line with the cash deposits made by them during the demonetization period
