No Stamp Duty Valuation u/s 56(2) on Property Bought Before 01/04/2013

This website has already published an article on the issue of new provision u/s 56(2)(vii)(b) [...]

4 Reasons Summon Notice u/s 131Maybe Held Illegal !

The power of summon under section 131 of the Income Tax Act is great power [...]

CASS Scrutiny for Property Buying ? Know These 6 Most Important Laws Affecting Your Case .

Has your client got scrutiny notice for assessment year 2014-15 ? There is great chance [...]

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How Merger of Companies Affect Assessment Proceedings ?

In case of companies , the merger of the companies are part of business restructuring [...]

7 FAQs by CBDT on TCS u/s 206C on Motor Cars Purchase

From 1st June 2016, the law of Tax Collection at Source u/s 206C (ID) from [...]

Rule 8D Changed & Notified ! Good for Many & Bad for Some .

Section 14A of the Income Tax Act is one of the most abused law of [...]

Meaning of “Is said to be”

Case Name : Tata Sons Ltd. Vs. Dy. CIT Citation :[2007] 104 ITD 45 (MUM. – TRIB.)(TM) [...]

5 Reasons for No TDS on EPF or PF Withdrawal

The provident fund accumulation is exempt from tax , but those who have not completed [...]

2 Tax Planning Ideas for Startups : How to Issue Share on Premium Without Any Tax Affect !

Well, I wrote earlier that hon’ble Finance Minister, perhaps, forgot the one change in the [...]

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