as per Part “C” of Schedule II of the Companies Act, 2013 after making following assumptions:
The...
An Association of Persons (AOP), whether incorporated or not, is treated as a `person` under section...
Income referred to in Section 68, 69A, 69B, 69C and 69D which are undisclosed income and Investments...
1. Provision by the employer of services of a Sweeper, a Gardener, a Watchman or Personal Attendant...
Section 10(10D) of the Income Tax Act deals with the tax treatment of the sum assured received from a...
1. Overview
Applicability: Mandates sellersto collect Tax at Source (TCS) on receipt of sale consideration from...
(1) Introduction to Section-71 (Inter-Head Adjustment)
Under the Indian Income Tax Act, 1961, taxpayers...
Section 158A of the Income Tax Act, 1961, read with Rule 16 of the Income Tax Rules, 1962, provides a...
Perquisites under Section 17(2) of the Income Tax Act, 1961, are additional benefits or amenities provided...
A. Legislative Changes in Customs Laws
A.1 Amendments in the Customs Act, 1962
(i) Section 28 DA is being...
Under Section 54G, the Exemption is available to all categories of assessees in respect of Capital Gain...
Purpose:
This section provides a tax exemption on payments received as awards, rewards, or prizes from:
Central/State...