Loss Incurred in Illegal Business is allowed as Deduction- HC Gujrat
By way of this Tax Appeal, the appellant has challenged the judgment and order dated 29.01.2004 passed by the Income
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Acquisition/Transfer of Immovable property under FEMA are subject to the applicable tax laws in India
RBI has issued RBI/2014–15/307 A.P. (DIR Series) Circular No. 38 on November 20, 2014 regarding Acquisition/Transfer of Immovable property under
Read MoreValuation/Assessment Practice in respect of export of Iron Ore
CBEC has notified Valuation/Assessment Practice in respect of export of Iron Ore via Circular No. 12/2014 –Customs on 17th November, 2014
Read MoreDisallowance from Business/Profession income a Practical Approach
Sections 40, 40A and 43B provide the list of expenses which are specifically disallowed while computing income chargeable to tax
Read MoreRe-designing Regulatory Framework for NBFCs by RBI
Re-designing Regulatory Framework for NBFCs by RBI The Non-Banking Finance Companies (NBFCs) in India, have evolved over the last fifty years
Read MoreRBI Cautions against Misuse of cancelled NBFC Certificate of Registration
It has come to the notice of the Reserve Bank of India that some entities/imposters, including companies, partnership firms, individuals,
Read MoreHiring of a firm of Charted Accountant on the approved list of C&AG for internal Auditing for Rail land Development Authority (RLDA) for FY 2014–15 and 2015–16
Rail land development Authority (RLDA), a statutory Authority under Ministry of Railways, is interested in hiring a firm of
Read MoreList of benefits available to Salaried Persons for A.Y. 2015–2016
List of benefits available to Salaried Persons SL No Section Particulars Benefits A. ALLOWANCES 1 10(13A) House Rent Allowance (Sec.
Read MoreRBI’s College of Agricultural Banking to conduct an Essay Competition to promote Financial Literacy
The Reserve Bank of India’s College of Agricultural Banking (CAB), Pune is conducting an essay competition to promote financial literacy.
Read MoreCredit Card in the name of RBI : RBI cautions Once More about the Newest Kind of Fraud perpetrated in its Name
The Reserve Bank of India today issued one more alert to the public about the newest form of fraud perpetrated
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