Vivad se Vishwas received assent of President on 17.03.2020 and on 18.03.2020 Forms were released by notification in the Gazette...

Vivad se Vishwas Bill is now an act as it receives President's assent on 17.03.2020. The updated act has been...

Section 47 states various transaction or transfer which wont be liable for Capital gain tax. In this regard CBDT vide...

As we all know Income tax department is going paperless, linking all our accounts and tracking all our financial activities...

Planning of capital gain income is a huge part of many cases and people usually earn a huge amount in...

There are situation where our known person suffers from a disease and we are looking after them and generally we...

A few days ago CBDT had issued a notification stating the modus operandi to make the PAN inoperative if its...

While presenting Budget 2020, nothing was announced regarding any such penalty. However as we know about the fake invoices being...

Vivad se Vishwas Bill was passed in Lok sabha on 04.03.2020. Also CBDT has issued various FAQ on the same...

Investment in Life Insurance Policy is major investment by all individuals and each person has atleast one LIC policy in...

In India investment in property is a very common thing and many people earn huge amount of money from buying...

Our Finance Minister had announced the Budget for Financial year 2020-21 on 01.02.2020 and major amendments were announced. However in...

In 2016 it was the first time when confusion was created between presumptive taxation u/s 44AD and Audit u/s 44AB...

A restricted stock unit (RSU) is a form of compensation issued by an employer to an employee in the form...

The below mentioned amendments have been discussed in a recent video conferencing between the officials regarding various concerns raised by...