In the present case assessee is famous cricketer and former captain of Indian cricket team K. Srikanth. Assessee along with...

In a recent judgement by Mumbai Tribunal Dt. 14.05.2020 in case of Deputy Commissioner of Income-tax v. JSW Ltd. it...

Safe harbour refers to the circumstances under which income tax authorities will accept the transfer price declared by the assessee...

As we know a few months ago each person whose turnover was above Rs. 50 crore in previous year had...

In a recent judgement by ITAT Mumbai in the case of Volkswagen Finance Pvt Ltd v. Income Tax Officer (International...

As we know due date for making investment u/s 54 to 54G or 80C was extended to 30.06.2020 by way...

As we know a relief was announced by our Hon'ble FM on 13.05.2020 wherein various direct tax relief was also...

The various direct tax relief announced are as under: 1. TDS rate shall be reduced by 25% and this shall...

One of the major deductions for salaried employee from their salary is HRA i.e. House Rent allowance where the maximum...

As we know Finance Act, 2020 has scrapped Dividend Distribution Tax (DDT) and therefore dividend is now a taxable income....

We know that TDS in most cases of payment made to NRI is covered under section 195. Now there are...

As soon as we receive some communication or notice from Income tax department we start to panic even if we...

As we all know Budget, 2020 in order to increase it's database in relation to trust and to check whether...

As we all know either people are under lock down or in quarantine because of this pandemic and many of...

As we know that Budget 2020 has scrapped Dividend Distribution Tax and hence now dividend distributed, declared and paid after...