TDS Rate for Payment of Salary and Wages Section 192 Payment of Salary and Wages Criterion of Deduction TDS is deducted if the estimated income of the employee is taxable.Employer […]
All posts by CA Shivangi Gupta - 6. page
Income Tax Slabs & Rates for Financial Year(FY) 2015-2016 Assessment Year (AY) 2016-17
Income Tax Slabs and Rates for the Assessment Year 2016-17 (applicable on income earned during 01.04.2015 to 31.03.2016) for various categories of Indian Income Tax payers. Individual resident aged […]
SERVICE TAX RATE CHART FOR FY 2015-16 :w.e.f 15 Nov 2015 WITH NEW SERVICE TAX RATE 14.5%
SERVICE TAX RATE CHART FOR FY 2015-16 :w.e.f 15 Nov 2015 WITH NEW SERVICE TAX RATE 14.5% Service tax rate increased from 14.5% to 15% (increase by way of levying Krishi […]
Government to impose 0.5% Swachh Bharat cess on services from November 15 ,2015
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 6th November, 2015 […]
SERVICE TAX RATE CHART FOR FY 2015-16 WITH NEW SERVICE TAX RATE 14% upto 14.11.2015
SERVICE TAX RATE CHART FOR FY 2015-16 WITH NEW SERVICE TAX RATE 14%: Note : from 15/11/2015 Govt has introduced 0.5 % Swachh Bharat Cess – The effect of same […]
TOUR OPERATOR AND AIR TRAVEL AGENT :: SERVICE TAX
SERVICE TAX ON TOUR OPERATOR: DEFINITION UNDER SERVICE TAX: DEFINITION OF TOUR OPERATOR: Tour Operator means any person, Firm or Company engaged in the business of Planning,Scheduling, organizing or arranging tours like […]
Rents of unsold flats weren’t business incomes just because they were shown as stock-in-trade in wealth-tax proceedings
Where assessee-property dealer, disclosed rental income derived from letting out of unsold flats as ‘income from house property’, rental income could not be treated as business income merely because assessee […]
AO gets flak from High Court for assuming discrepancies in stock when assessee had explained such discrepancies
HIGH COURT OF DELHI Commissioner of Income-tax v. Zohra Emporium Section 145 of the Income-tax Act, 1961 – Method of accounting – Rejection of accounts (Unaccounted purchases etc.) – Assessment […]
Trust can’t carry forward excess application of fund over and above its income
Excess application of funds over and above income of trust can arise only when funds are applied from the corpus of the trust, accumulated funds, loans or goods and services […]
Income Tax Slabs & Rates for Financial Year (FY) 2014-2015 : Assessment Year (AY) 2015-16
Income Tax Slabs and Rates for the Assessment Year 2015-16 (applicable on income earned during 01.04.2014 to 31.03.2015) for various categories of Indian Income Tax payers. Individual resident aged below […]