Central/ State Governments can contribute upto the limit of 14% as Employer’s NPS contribution. However, when we talk about deduction under IT S. 80CCD(2), there is a differential treatment …
Amendments proposed to rationalize the provisions of higher rate of TDS/ TCS u/s 206AB and 206CCA of the Income Tax Act to widen the tax base, by considering ITR …
Amendment proposed to clarify that for the purposes of section 50 of the Act, reduction of the amount of goodwill of a business or profession, from the block of …
Amendments proposed in the provisions of section 263 of the Income Tax Act relating to revision of erroneous Order of the TPO issued u/s 92CA, vide Clause 48 and …
Over the years it is noticed that virtual economy is growing up at much faster pace wherein the transactions are being made using different types of virtual digital assets, …
Amendments proposed to insert new IT S. 158AB for deferring further filing of appeal where an identical question of law is pending before the jurisdictional High Court or Supreme …
Start-ups established during the block period of 01/04/2016 to 31/03/2022 were eligible for tax incentives in three consecutive years out of ten years from the date of incorporation. In …
Amendments proposed in Section 94(8) of the Income Tax act, to enforce applicability of bonus stripping and dividend stripping provisions in the case of securities and units also, vide …
Amendments proposed in sections 201(1A) and 206C(7) of the Income Tax to provide clarity and to avoid litigation caused by misinterpretation, which provides to abide by the computation of …
Amendments proposed on Rationalization of provisions relating to assessment and reassessment under the Income Tax Act, vide Clauses 35, 36, 44, 45, 46, 47, 48, 49 and 73 of …