Setting Off of Losses in Case of Mutual Funds
Funds apart from equity-oriented funds, short-term gains are gains made on assets which assessee holds for less than 3 years and are taxable as per... Read More
capital gains
Is Goodwill taken by Partner at time of Retirement Taxable?
Retirement of a Partner A partner in a firm may retire due to any reason like old age, better opportunity, or disagreement amongst the partners.... Read More
No exemption allowed for failure to deposit the consideration towards purchase of new flat
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The High Court of judicature at Mumbai recently in the case of ITA No.545 of 2002, Humayun Suleman Merchant (Appellant) vs. The Chief Commissioner of... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return