| | |
Ground Rules | Ketan Dalal and Vishal Shah 09:16 PM | October 18,2009
Indian promoters are, generally, hands-on when it comes to running (and not just managing) the business
|
|
Teena Jain 11:10 PM | August 17,2009
The current law, under section 80G of the income-tax Act only disallows exemption for a donation made to a religious institution for the benefit of a particular community
|
|
Ground Rules | Ketan Dalal and Manish Desai 08:50 PM | July 12,2009
Amendments introduced with retrospective effect are becoming more frequent in the budget proposals every year
|
|
On Real Estate | Renu Sud Karnad 10:20 PM | June 28,2009
For a property rented out, you can set off the entire interest payment in excess of net rental income received on the rented houses against your income
|
|
Taxation Economics | Ganesh Raj 11:50 PM | June 24,2009
Exemption sections can be converted into deduction sections providing 100% deduction
|
|
Taxation Economics | Ganesh Raj 11:40 AM | June 23,2009
Direct tax laws, encompassing both the I-T Act and the rules as they stand today, are truly baffling with a plethora of interwoven sections, subsections, clauses, subclauses, cross references, explanations and provisos
|
|
Anupama Chandrasekaran 11:28 PM | June 19,2009
The funds from such sales provided valuable financing for emergencies as well as for lesser-known causes embraced by such conservation groups
|
|
Teena Jain 08:58 PM | June 14,2009
Investments in such schemes saw a fall in 2008-09 as banks were offering higher interest on deposits
|
|
Sanjiv Shankaran 09:25 AM | June 05,2009
In addition to tax incentives for long-term savings, all sections of the financial sector also asked the finance minister to take steps to strengthen India’s bond market
|
|
C.H. Unnikrishnan and Khushboo Narayan 12:57 AM | May 04,2009
A spokesperson for CBDT said action will be taken against entities that violate the rule relating to tax exemptions, but declined to comment on any specific cases
|
|
Ground Rules | Ketan Dalal and Manish Desai 10:01 PM | April 19,2009
Provisions of tax depreciation do not always follow the traditional concept of asset
|
|
Ground Rules | Ketan Dalal and Manish Desai 11:35 PM | April 05,2009
The official stand can create confusion; CBDT should come out with a circular on imposition of penalties
|
|
Real Estate | Renu Sud Karnad 12:19 AM | March 23,2009
Prospective first-time homebuyers who have been waiting to buy a home but had deferred their decision due to high property prices, can now finally expect to get a home of their choice
|
|
Lawfully Yours | AZB and Partners 09:36 PM | November 23,2008
Unlike partnerships under the Partnership Act, where the number of partners is restricted to 20, the new Bill does not set any upper limit on the number of partners in an LLP
|
|
Ground Rules | Ketan Dalal and Manish Desai 12:48 AM | November 17,2008
The AAR has held that payment by Isro to Inmarsat Global was not royalty, but business profit not attributable to a permanent establishment and, therefore, not taxable in India
|
|