a piece of an professional advice earlier is really worth more than a frantic haste shifting AN IMMOVABLE belongings There are five most important classes of belongings transfers namely sale / purchase, loan, hire, gift and trade. those 5 categories are protected with the aid of the transfer of property Act, 1882 (TPA Act). the […]
Why take Health insurance for family to save tax Section 80D provides a deduction for contribution towards the health insurance premium to the extent of Rs 25,000 paid for self and family. If the policyholder is a senior citizen, the benefit can increase to Rs 30,000. Mostly people take only this benefit into account and […]
Carry Forward and Set Off of Losses whilst one endeavors to derive earnings, the opportunity of incurring losses cannot be dominated out. based at the ideas of herbal justice, a fixed-off must be to be had for loss incurred. The earnings tax legal guidelines in India comprehend this and offer for adjustment and utilisation of […]
Income Tax audit under section 44AB Articles deals with Tax Audit Provisions in India. It explains what’s tax audit, goal of tax audit, who is compulsorily required to get his money owed audited, What are form Nos. 3CA/3CB and 3CD, Due Date for Tax Audit, penalty for now not getting the accounts audited as required […]
Personal properties of directors can’t be attached to recover sales tax due of company Akil Kureshi, J. – Leave to delete petitioner no.1. The remaining petitioners have prayed for quashing and setting aside an order dated 9.11.2015 passed by the respondent no.1 attaching their immovable properties for a possible valued added tax dues of R. […]