
Tax on Flat Sale: As per Section 54, an individual can save long-term capital gains arising on the sale of…
In the absence of any statutory provision, no liability can be automatically fastened on the Director of a public company.
From October 1, new rules related to TCS on LRS (Liberalised Remittance Scheme) and on purchase of overseas tour package…
Form No. 10B/ 10BB is the audit report required to be furnished in case a taxpayer is a fund or…
Beware! Legal experts say they are encountering an increasing number of cases where individuals use someone else’s PAN to claim…
How to save tax on ESOP: Employee Stock Ownership Plan (ESOP) is generally offered by firms as part of the…
Non-Residents are required to furnish certain specified documents to claim the benefit of the provisions of the Double Taxation Avoidance…
This article discusses some of the smart tax strategies that could help investors and developers save money on taxes.
New Angel Tax rules 2023: Excess of issue price over the Fair Market Value would be subjected to tax as…
An individual can save long-term capital gains tax on the sale of RHP by purchasing a new RHP within 1…
GST e-invoicing rules change 2023: The GSTN had earlier released an advisory on 13th April 2023 communicating the time limits…
How to report income from sale of undervalued property: It is advisable to report entire amount of sale consideration, says…
Tax saving tip for an NRI selling ancestral property in India: An expert shares what needs to be done with…
Reporting cash gift from parents: While it is important to declare any cash gift received from parents in ITR, the…
The Finance Act 2023 capped the cost of new residential property at Rs 10 crore while computing the capital gains…
How long should your keep old ITR records: ITR filers should retain their records/documents for up to 10 years from…
ITR Filing Due Date Extension News Ay 2023-24: The Central Board of Direct Taxes (CBDT) has extended the due date…
PAN Card rules: There is no mandatory requirement to replace old PAN cards with new ones solely due to wear…