My housing society has been allotted land. My share is 200 sqmtr, which I want to sell after registration at…
Transfer of shares from one demat account to another of same person has no tax implication
Property market in India: What is joint development agreement and what triggers income tax liability
Under a typical joint development agreement, land owner contributes his land and enters into an arrangement with the developer to…
Once your return is processed and an intimation is issued under section 143(1), the refund shall get processed and paid…
Capital gains on debt mutual funds are chargeable to tax depending upon your period of holding.
An individual domiciled in India traveling outside India, is required to file an intimation with the tax authorities furnishing his…
The GST laws have tried to address several ambiguities that prevailed under earlier tax laws leading to unnecessary litigation.
GST impact on online shopping, tax breaks: All you to know about the changed rules in 7 brief points
On July 1, India moved on to a new era of taxation with the rollout of Goods and Services Tax…
Due to lack of knowledge and fear that a mistake in income tax returns (ITR) may entail interest, penalty and…
The Income Tax Appellate Tribunal (ITAT) is the highest fact finding authority and the only specialised tribunal to decide on…
The Ahmedabad bench of Income Tax Appellate Tribunal has recently held that since an employee receives salary after deduction of…
A trust is considered charitable if the object of the trust is directed to the benefit of the community or…
REAL estate sector is one of the biggest employment generating sectors in India and accounts for a large portion of…
The Indian economy was growing at a rapid pace, with a GDP growth of around 7.6%, and with the introduction…
There are many schemes of the government which make it possible to avail income tax benefits and donations to religious…
TAXABILITY of an individual in India is based on the source of income as well as residential status. Residential status…
The due date of filing income tax return is soon approaching. Accordingly, it is very important for the tax payer…
Real estate is the single-largest investment people make in India. The sector is largely unregulated and the worst hit are…
