Type: News
Read latest TaxGuru news on taxation, GST, Income Tax, finance, business, corporate laws, regulatory developments and professional updates.

Tax on ESOPs should be only at the point of sale of shares by employees

Section 115UB– Taxation of income of Investment funds- Clarity required on taxation of Category III AIF

Clarify on Taxation of ESOPs in case of migrating employees: ICAI

Increase limit for maintenance of books by professionals to Rs. 5 Lakh and Rs. 1000 for Maintenance of Bills

Depreciation on books used by professionals be restored to its original rate of 100%

Extend Due date of furnishing statement in Form No. 64 to 30th November

Deputation of employees- Taxability as fees for technical services/ PE issues

AO should accept rectification application related to difference in Form No. 26AS and Amount claimed in ITR

Auto fill of TDS data in Income Tax Returns (ITR)

Section 139- Enlarge scope of filing return of income: ICAI

Clarify whether acquisition of residential flat in ‘OAS’ is ‘purchase’ or ‘construction: ICAI

Issue specific Guidelines for empanelment of auditors U/s.142(2A): ICAI

Introduce TDS payment challan cum TDS Returns: ICAI

Issue Master Circular on TDS within 15 days of passing of Finance Act: ICAI
News brings together important developments affecting taxpayers, businesses, professionals and the financial and regulatory ecosystem. TaxGuru covers news relating to Income Tax, GST, Company Law, Corporate Law, Customs, DGFT, FEMA/RBI, SEBI, finance, business, professional bodies and other tax and regulatory subjects. The category includes developments arising from government decisions, regulators, departments, courts, professional institutions and other relevant sources. Readers can use this page to stay informed about recent changes, announcements and developments having implications for taxation, compliance, finance, business and professional practice.
