What is the Time Limit to Give Effect to Appeal Orders ?

It is often found by taxpayers that the department does not so alacrity in giving...

Six Budget 2019 Proposals That Will Save You Lots of Taxes

Budget 2019 presented today by Sri Piyush Goyal , Hon'ble Finance Minister has brought in...

Circular for 20% Demand Payment Not “The Last Word” : SC, Mumbai & Other High Courts

The high pitched assessments that raise astronomical high demands on taxpayers are also the  problem of...

Dead Person & Tax Issues : 7 Points You Need to Know

It is a universal truth that a man/woman, whether one earns or not, whether poor or...

Form 9A & Form 10 for Asst Yr 2016-17 Can be Filed Now ! Read How .

Basically almost all the donation or contribution received by a recognized trust or institution is...

Section 68 Not Applicable If Share Capital is Received From Non-Resident

The issue of shares at premium by private limited company is the root of money...

Can an Investment Company Deduct Office Expenditure as Cost Of Acquisition of Shares ?

An unlisted public limited investment company is engaged in the business of investment in shares...

Section 179 :4 Reasons Notice to Recover Tax Dues from Director Fails !

If you are director in a private  company which has a burden of tax demand...

How To Overcome Section 50C ?? Here is one way

Let us admit it. The failure of the government to catch the real tax evaders...

Notice for Filing Return u/s 142(1) is Useless in Most Cases!

It is customary for officers of department to issue notice u/s 142(1) of the Income...

How Treaty Tie Breaker Rule Affect Taxation of NRI Income ?

The residential status of a taxpayer is the core criteria for application of Income Tax...

5 Taxing Issues Can Make Persons Acquiring Stressed Companies Under Insolvency & Bankruptcy Code Sleepless !

The government has brought the Insolvancy and Bankruptcy Code with effect from Assessment Year 2018-19...

What is the Time Limit for Issue of TDS Certificate u/s Sec. 197A ?

Section 197 of the Income Tax Act provides that if a taxpayer produces a certificate...

How to Comply with Tax Laws When Company is Stricken Off from MCA Register??

Sometime back the government de-registered more than 2 Lakh companies and once again Ministry of...

Seven Consequences of Non- Registration Under GST

The issue of registration is still quite confusing for some and in some way perhaps...