Type: News
Read latest TaxGuru news on taxation, GST, Income Tax, finance, business, corporate laws, regulatory developments and professional updates.
ICAI Suggestions on Proposed amendment to Section 115JB(2A)
Tax on distributed profits of domestic companies – Section115-O(1A)
Amend Section 115QA to remove tax when holding results in losses due to foreign exchange fluctuation
Taxes on buyback of Shares effected on or after 01.06.2016 needs clarification: ICAI
New regime (section 115TCA) may be made applicable for distributions on or after 1st June 2016
Section 132B rws 245C(1)- Application of seized or requisitioned assets
Section 115BBF – Concessional rate of tax @ 10% on income from patent – Issues to be addressed
Continuance of earlier block assessment procedure is desirable: ICAI
ICAI Suggestions on Applicability of SA – 700 on form of audit reports
Allot unique code to High Value property transactions: ICAI
Incorporate Foreign contribution in Form No. 26AS and in SFT: ICAI
Provide automated process of PAN Migration: ICAI
Section 144C(2): Increase period for filing details to 60 days: ICAI
Allow Interest paid by assessees to Government or exempt interest on refund: 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.
