Format of CA Certificate for availing immunity for TDS default u/s. 201 of the I.T. Act Notified by CBDT
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Cost Inflation Index for FY 2012-13 Notified at 852
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Bombay High Court holds that Reopening in absence of ‘Fresh Tangible Material’ is invalid in Amitabh Bachchan’s Case
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Calcutta High Court holds that Partner’s Remuneration is available on all Income credited to P&L Account of the Firm and not only income assessed under the head Business or Profession
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Bombay & Delhi High Courts hold that Ignorance of law amounts to ‘bona fide belief’ and hence no Penalty for Concealment of Income can be levied
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CBDT announces Important Changes in the Filing of Income-tax Returns for A.Y.2012-13 – Mandatory E-filing for Individual/HUF with income over Rs.10 Lakhs or where assets are held outside India
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Allahabad High Court holds in case of House Property rented out by Co-owners, threshold limit for TDS u/s.194-I would apply to each Co-owner separately
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I.T. SEEKS BIGGER ROLE FOR I.T.!
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TAX RELIEFS ON AGRICULTURAL LAND
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THE MAGIC OF SUSTAINED SAVING!
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TAX PLANNING FOR THE SALARIED!
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HUF receiving a Gift of more than Rs.50,000 in a Tax Trap?
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HRA Exemption available for Rent paid to Father?
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Deduction for Housing Interest available on Paid or Payable basis?
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