The Ministry of Corporate Affairs (MCA) has notified two amendments to AS 11 The Effects of Changes in Foreign Exchange Rates. In accordance with the same, the sunset date for transitional provisions to AS 11, which allow deferment/ capitalization of exchange differences arising on long-term monetary items has been extended till 31 March 2020.
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Taxability of online games
Introduction: 1. Taxability of online winnings before the introduction of section 115BBJ of the Income Tax Act and section 194BA of the Inco...
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A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
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This is to update you about an important decision by Tribunal in the case of Filatex India Limited vs. CCE & ST , E A No. 10231 of ...
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LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
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Introduction It's important for taxpayers to have a clear understanding of the available allowances and deductions, as they can grea...
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· Mumbai ITAT in the case of Mukesh Harilal Mehta held that Exemption U/S 54 cannot be denied merely due to mistake by the developer.
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We all are currently in the process of submitting Rectification Applications under Section 161 of GST Laws for errors that are evident fro...
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Particulars in Part 1 and Part 2 of Step-2 of registration form are required to be exactly the same as reported in the TDS statement. Plea...
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Earlier this year, the Mauritius Government approved the amendment to the India – Mauritius tax treaty, aligning it with the proposal of th...
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Slump sale is transfer of one or more business undertakings for a lump sum consideration, without assigning individual values to the each...
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This Tax Alert summarizes a recent judgement of the Madras High Court (HC). The issue involved was whether taxpayers who have been assigne...
1 comment:
Very informative blog!
thanks for sharing.
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