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

Resolve Practical Difficulties Faced by Persons Granted Certificates For Lower TDS Deduction U/s. 197

No Reopening of Assessment to be made on Audit Objections: Committee Recommends

Deffer Implementation of ICDS : Committee Recommends

Proposal to not to retain Income Tax Refund for Completion of Scrutiny Proceeding

No Addition U/s. 56 for Immovable Property received at less than stamp duty value

Provide relief when agreement date fixing sale consideration & Registration Date not same

Extend presumptive Income Scheme to Professionals

Increase Presumptive Scheme limit from Existing Rs. One Crore to Two Crore

Raise Tax Audit Limit for Business Rs. 2 Crore & for Profession Rs. 1 Crore

CS Foundation December 2015 exam Result on 27.01.2016

Simplify Section 14A to remove ambiguity

Provide Shorter Time For Rectification Of Mistake by Tribunal

Rationalise provisions related to Set off of Income Tax Refund against demand

Grant Higher rate of Interest on delayed refund of Income Tax
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.
