10 takeaways from FAQ issued by the CBDT on Vivad se Vishwas Scheme
Lok Sabha passed THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020 and...
Restriction u/s 54F for More than One House Purchase Not Applicable for Adjacent Houses
Section 54 or section 54F of the Income Tax Act deals with the...
Good News For Trust- Delay in Form 10 Condoned for Asst Yr 2017-18
The rule of filing the form 10 or form 9A electronically was...
Tax Planning : One Simple Way to Prevent TDS on Buying Property
Are you planning to buy property -land or flat or building? In that...
From Asst Yr 2017-18, Assessee Can Apply to AO for Immunity from Penalty & Prosecution!
In my previous post 11 New Penalty RulesThat Affect Assessments for AY 2017-18...
11 New Penalty RulesThat Affect Assessments for AY 2017-18
The assessment orders pertaining to assessment year 2017-18...
Huge Relief from Prosecution to Taxpayers
The government is taking a lot of steps in the direction to lessen...
No Benefit of Higher Monetary Limit to LTCG /STCL Tax Evasion Cases
Board has swiftly taken away the benefit of not filing appeal ( withdrawing...
3 Solid Reasons Why Partnership Firm as a Startup is Very Bad Idea!
The Department of Promotion of Industry and Internal Trade (DPIIT) ...
Six Reasons for Scrutiny Selection During FY 2019-20 !
CBDT has issued the parameters for manual selection of returns for Complete scrutiny...
Startup Grievance Cell Constituted!
Good news for startups ! As promised by Hon'ble Finance Minister one week...
8 Types of Cash Transactions That Invite Penalty!
The cumulative effect of all the changes in tax laws and rules since...
Why All Startups Can’t Claim Tax Benefit?
In other words, all startups are not eligible for claiming benefits -be it...
Even If CPC Banglore Declared Your Return Invalid u/s 139(9) , You Can Still File Tax Return !
These days , CPC Banglore is issuing notices under section 139(9) of the Income Tax...
No Manual Tax Notice from 1st October 2019
CBDT has issued a circular 19/2019 dated 14.08.2019 that no communication shall be...
