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Stay of Demand Under Income Tax Disputes Gets Costlier by 5%

20% of Disputed Demand Now Pre-Requisite for Stay of Demand Under Income Tax Vis a Vis Earlier 15% Instruction No. 1914 dated 21-3-1996 contains guidelines...

Your Income Tax Refunds Can Be First Adjusted Against Demands of Subsequent Years

Your Income Tax Refunds Can Be First Adjusted Against Demands of Subsequent Years    Hon'ble Supreme Court in Northern Coal Fields Ltd. Versus Assistant Commissioner of Income...

How To Handle A Transfer Pricing Audit For International Cases under Indian Income Tax...

How To Handle A Transfer Pricing Audit For International Cases under Indian Income Tax Act, 1961 – Some Practical Keynote PointsBy CA Ankit Gulgulia (Jain)B.COM(H),...

Capital Gains on BitCoins, Ripple & Ethereum – Indian Income Tax Slaps Mammoth Notices

Capital Gains on BitCoins, Ripple & Ethereum – Indian Income Tax Slaps Mammoth Notices to Countrywide TradersIndia has sent tax notices to tens of thousands of people...

Real Estate ALERT – INCOME Tax Will Only Consider Turnover as per ICDS

Real Estate ALERT – INCOME Tax Will Only Consider Turnover as per ICDSBY CA Ankit Gulgulia (Jain)Finance Bill, 2018 has newly inserted Section 43CB...

Are You Making NRI Property Investment in India – Here are Few Things You...

NRI Property Investment in India – FEMA, Income Taxes & GST Viewpoints !By CA Ankit Gulgulia (Jain)Non Residents Indians have always been keen and...

S. 234E: High Court grants ad-interim stay against operation of notices levying fee for...

S. 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each...

Didn’t Understood Why Delhi High Court thrashed ICDS? – Here’s the Simplified Version of...

Didn’t Understood Why Delhi High Court thrashed ICDS?  – Here’s the Simplified Version of StoryBy CA Ankit Gulgulia (Jain)“CBDT is meant to clarify the...

Cost Shared by Group Companies on Cost to Cost Basis is Not Liable to...

Cost Shared by Group Companies on Cost to Cost Basis is Not Liable to TDS2017 (11) TMI 1139 - ITAT MUMBAIDy. CIT, Cir. 6...

CBDT Says TDS Applicable on EDC Paid To HUDA In Haryana – Big Impact...

CBDT Says TDS Applicable on EDC Paid To HUDA In Haryana - Big Impact On Haryana Developers & BuildersIn its Official Memorandum No. F.No.370133/37/2017-TPL dated...

Budget 2018- 80C Limits May be Increased to Rs 2,00,000/-

Budget 2018- 80C Limits May be Increased to Rs 2,00,000/-  Finance minister Arun Jaitley may raise tax breaks offered on money parked in a slew...

Benefits of Chapter VIA Deductions only allowable now if Return filed within Deadlines of...

Benefits of Chapter VIA Deductions only allowable now if Return filed within Deadlines of 139(1)By CA Ankit Gulgulia (Jain)All Chapter VIA – Heading C Deduction...