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26. Jan 13

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von Longin15v

Deduction u/s. 80C for tuition / school / educatio...

http://taxguru.in/income-tax/deduction-us-80c-for-...

Who is Eligible Deduction for tuition fees u/s. 80c of the Income Tax Act 1961 is available to Individual Assessee and is not available to HUF. Maximum Child De

21. Jan 13

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von newsb4business

Family members can use bridging loans to assist yo...

http://socialblg.blog.co.uk/2013/01/21/loved-ones-...

As very first time prospective buyers find it harder to put together within the house ladder on account of mortgages getting more tricky to get hold of than they ended up being just before the credit ...

26. Jan 13

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von Longin15v

Myths and misconceptions about Personal Income tax

http://taxguru.in/income-tax/common-myths-and-misc...

Gifts received Gifts received from specified relatives are exempt from income tax, and there is no upper limit also. Similarly, gifts of any amount and from an

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von Longin15v

S. 194H No TDS on discount given by IATA agent on ...

http://taxguru.in/income-tax-case-laws/194h-tds-di...

There is no dispute with regard to the fact that the assessee herein is a IATA agent and it is authorised to sell air tickets at a price range that are usually

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von Longin15v

Centralised Processing of Statements of Tax Deduct...

http://taxguru.in/income-tax/centralised-processin...

In exercise of the powers conferred by sub-section (2) of section 200A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes

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von Longin15v

Soon TDS Correction Statement can be filed with Di...

http://taxguru.in/income-tax/tds-correction-statem...

Vide clause 4 of the notification CBDT has specified that correction statement of tax deducted at source shall be furnished under digital signature or verified

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von Longin15v

Clarifications on Issues relating to export of com...

http://taxguru.in/income-tax/clarifications-issues...

The CBDT has issued a Circular No. 01/2013 dated 17.01.2013 in which it has provided clarifications on various issues relating to the export of computer softwar

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von Longin15v

Tribunal has power to grant unlimited stay of dema...

http://taxguru.in/income-tax-case-laws/tribunal-po...

Tribunal has power to extend the period of stay beyond 365 days u/s.254(2A), third proviso, even if the delay in disposing off the appeal is not attributable to

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von Longin15v

Intellectual Dishonesty ÔÇô of CA or CIT? Cost to ...

http://taxguru.in/income-tax-case-laws/intellectua...

The assessee had categorically stated that the assessee had claimed deduction under the provisions of section 10B for the first time in the assessment year 1995

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von Longin15v

S. 54F ÔÇô If two flats were joined together befor...

http://taxguru.in/income-tax-case-laws/54f-flats-j...

Though the respondent-assessee had purchased flat Nos. 416A and 516A it was only purchase of one residential house. Further, the Tribunal held that two flats we

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