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Do we need to file Nil statement of financial transaction [SFT] or Not
Do we need to file Nil statement of financial transaction [SFT] or Not SFT or statement of financial transaction : Section 285BA of the Income...
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Claim of Cenvat credit was bogus where raw material purchased did not reach factory premises of assessee
Claim of Cenvat credit was bogus where raw material purchased did not reach factory premises of assessee In matter of M/S EXIDE INDUSTRIES LTD. VERSUS...
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Section 194J: TDS on professional fees or technical services
Section 194J: TDS on professional fees or technical services Budget 2020 reduced the rate for tax deducted at source (TDS) in case of fees for...
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TDS on 194J for technical services reduced to 2% from 1st April 2020
TDS on 194J for technical services reduced to 2% from 1st April 2020 Budget 2020 reduced the rate for tax deducted at source (TDS) in...
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New Income Tax Slab Rates for F.Y 2020-21 | A.Y 2021-22
New Income Tax Slab Rates for F.Y 2020-21 | A.Y 2021-22 Budget 2020: FM Nirmala Sitharaman today proposed new income tax slabs and lower tax...
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Frequently Asked Questions on Annual Information Return (AIR)
Frequently Asked Questions on Annual Information Return (AIR): Frequently Asked Questions on Annual Information Return (AIR) of Income Tax Actas released on Tax Information Network...
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Circulars cannot prevail over Statute – HC
Circulars cannot prevail over Statute – HC Case of Precot Meridian Vs CC Facts The assessee-company exports cotton. During the relevant period, the assessee exported...
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Deductions from gross total income under section 80C to 80U of Income Tax Act 1961
Deductions under section 80C to 80U of Income Tax Act 1961 AY 2020-21 | FY 2019-20 Deductions under section 80C to 80U of Income Tax...
