—In exercise of the powers conferred by sub-section (7) of section 115UB read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. Short title and ...
Rental Income Tax in Asian CitiesHome Asia Rental Income Tax Asia: Rental income taxes (%). Tax on the average annual rental income in the country, based on the following assumptions: Gross rental income: $1,500/month Owned by a foreign, non-resident individual No other local income, no ...
Commissioner of Income Tax (Appeals)-52, Mumbai passed u/sec.143(3) and 250 of the Income Tax Act,1961. The assessee has raised the following grounds of appeal: On the facts and in the circumstances of the case as well as in law, learned CIT(A) erred in confirming the disallowance...
5 Benefits of Filing Income Tax Return Though According to income tax laws, filing the return and updating your ITR status is mandatory for every individual or entity whose income exceeds the threshold limit mentioned in the Income Tax Act-1961. There are certainly many benefits of filing of IT...
We provide financial technology platform to Delhi and provide start-up registration, licensing, accounting, tax, tax planning and management, legal services, payroll law, intellectual property protection and enforcement solutions . We plan to set up an office in Mumbai in the final quarter of 2020...
50% of the basic salary and DA, where the residential house is situated at Mumbai, Kolkata, Delhi or Chennai and an amount equal to 40% of above salary where residential house is situated in any other place. HRA actually received by the employee in respect of the period during which rente...
The Income Tax Department carried out search and seizure operations on 13.12.2020 in the case of a Chandigarh based listed pharmaceutical company and its associated concerns. A total of 11 premises were covered spanning Chandigarh, Delhi and Mumbai. ...
Initially established in 1995 at Vadodara, Hari Aum Corporation, now reaches to every corner of Gujarat State, Mumbai and all the parts of India. Being authorized dealer and service provider of CompuOffice Software suit from Professional Softec Pvt. Ltd., Jaipur it has customers all over the co...
The Firm has its Head Office at the Commercial Capital of India – Mumbai and Branch at Pune . Reach out to us for a Long Term Professional Association
If you have received a notice from the I-T Department asking you to file your returns which go beyond 2 financial years, then you should prepare your return and submit it to the Income Tax Office in your ward. Usually, old returns are filed as a response to an income tax notice. ...