TAX BY MANISH: June 2016

Thursday, 23 June 2016

CELEBRATING 700TH POST OF TAX OF INDIA.

https://taxofindia.wordpress.com/2016/06/23/arrest-of-tax-defaulters-cbdt-clarifies/

ITAT Delhi: Carry Forward of Business Losses Post-Amalgamation – Emphasis on Beneficial Ownership

As per the Income Tax Law, where a company’s shareholding changes during a year, losses from earlier years cannot be carried forward to se...

TDS CPC – (Centralized Processing Cell) – New website launch

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...
Understanding section 68, section 69, section 69A, section 69B and section 69C

Section 68 -Cash credits Section 69 -Unexplained investments Section 69A - Unexplained money, etc Section 69B -Amount of investme...
Bombay High Court Rules DTAA Supremacy Over Dividend Distribution Tax

In a landmark development that could have far-reaching implications for multinational groups operating in India, the Hon’ble Bombay High C...
Eligibility for GST Input Tax Credit (ITC) related to expenses on IPO/Bonus/Right Issues:

An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
Stamp duty on lease deed in Karnataka

LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
Taxability of Transfers Between HUF Members and the HUF

The taxation of transactions within a Hindu Undivided Family (HUF) is governed by specific provisions under the Income Tax Act, 1961. This...
Tax Saving by International Holding

The overall effective tax rate of a U.S. multinational corporation may have significant impact on the value of its stock. Therefore, it ...
GST on ROC Filing Fee paid by companies/LLPs

Introduction The law relating to companies is laid down in Companies Act, 2013 and the rules made thereunder and t...
Taxation of Stridhan.

In the case of "Maya Gopinathan vs Anoop SB 2024 INSC 334," the Hon'ble Supreme Court provided insightful guidance on the de...
Getting PAN Card in India by Foreign Nationals or Non Resident Indian

If you are an NRI or foreign national and you have a taxable income in India then buck up and get a PAN card. Getting PAN Card in India by...