Capital Gain Tax on Unlisted Equity Shares
Transfer of Equity Shares of Unlisted Company- Capital Gains Perspective Applicability of Section 50CA: In case of sale of Unlisted...
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What is Form 16 ?
Under the Income Tax Rules, Form 16 is the certificate of deduction of tax at source and issued on deduction...
Gift given by HUF to its Member is Considered as Income of Member?
Any person receives Gift from any other person, would be consider as income of the recipient as per section 56(2)(x)...
Conversion of Company into LLP
The following won’t be recognized as ‘transfer’, and hence, no capital gain to be arise on the same: -Any transfer...
New Income Tax E-Filing Portal to be launched from June 7: Check Out New Features
The income tax department will launch a new e-filing portal on June 7, 2021, in order to provide a hassle-free...
Rates of Depreciation as Per Income Tax Act, 1961
Article provides Rates of Depreciation as per Income Tax Act, 1961 on Building, Plant & Machinery, Furniture & Fittings, Ships...
Govt. extends Validity of FCRA Registration Certificates up to Sep 30, 2021 [Read Circular]
The Ministry of Home Affairs has notified the extension of Validity of Registration Certificates issued under the Foreign Contribution (Regulation)...
Taxation of derivatives and shares in India – Trading in future & options, intraday and stock held for short term and long term by an individual
As per the Indian income tax regulations, purchase of shares made with the objective of earning profit is considered as...
Income Tax audit under section 44AB: FAQs
Articles deals with Income Tax Audit Provisions in India. It explains What is tax audit, objective of tax audit, who...