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ARTICLE ON EQUALISATION LEVY : UPDATED AS PER FINANCE BILL, 2020

ARTICLE ON EQUALISATION LEVY : UPDATED AS PER FINANCE BILL, 2020

by CA Shalini Passi | Apr 9, 2020 | TC

Due to the corona virus pandemic, the whole country has been locked down but our knowledge and inquisitiveness are not. And we can utilize this time in enhancing our knowledge and thus, making it productive. And as the saying goes “the more we learn, the better we...
FACELESS INCOME TAX E-ASSESSMENT SCHEME : AN INITIATIVE FOR PAPERLESS PROCEEDINGS AND ENSURING GREATER TRANSPARENCY IN THE SYSTEM

FACELESS INCOME TAX E-ASSESSMENT SCHEME : AN INITIATIVE FOR PAPERLESS PROCEEDINGS AND ENSURING GREATER TRANSPARENCY IN THE SYSTEM

by CA Shalini Passi | Sep 21, 2019 | INCOME TAX

Finally, the wait for new Assessment Scheme has come to an end. As per the CBDT notification dated 12th September, 2019, a new faceless income tax scrutiny Assessment Scheme has been announced. The said scheme will be rolled out from 8th October,2019 on the occasion...
AFFORDABLE HOUSING : A BENEFIT FROM BUDGET, 2019

AFFORDABLE HOUSING : A BENEFIT FROM BUDGET, 2019

by CA Shalini Passi | Aug 6, 2019 | INCOME TAX

As per the budget 2019, an additional Income Tax Benefit has been provided by introducing new section 80EEA of the Income Tax Act for boosting housing for all and affordable housing scheme. With the introduction of Section 80EEA, an individual taxpayer will now get an...

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