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 become.” Here is an article on Equalisation Levy, …
ARTICLE ON EQUALISATION LEVY : UPDATED AS PER FINANCE BILL, 2020 Read More »
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 of “Vijayadashmi – a festival of good over evil”, signifying …
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 additional deduction of Rs 1.5 lakh, which is over and …
AFFORDABLE HOUSING : A BENEFIT FROM BUDGET, 2019 Read More »