Clipped from: https://taxguru.in/income-tax/income-tax-implications-joint-development-agreement-property-transactions.html “Explore Income-Tax Implications of Joint Development Agreements in Property Transactions. Unveil the complexities of Section 45(5A) of the Income-tax Act, 1961, covering mechanisms,
Author: Anil R Tikotekar
👌👌👌👌👌👌👌Section 45, Section 48 and Section 54 of the Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/idea-capital-gain-tax-property-redevelopment-heres-know.html No Idea about Capital Gain Tax but Property Under Re-Development? Here’s all you Need to Know!! The Finance Act, 2017 inserted a new
👌👌👌👌👌👌👌Holding period computable from allotment letter date & not sale agreement registration date
Clipped from: https://taxguru.in/income-tax/holding-period-computable-allotment-letter-date-sale-agreement-registration-date.html Minaxi Mahesh Pawani (Deceased) through Legal Heir Pratik Mahesh Pawani (ITAT Mumbai) For Capital Gain and for Indexation holding period shall be computed
👌👌👌👌👌👌👌Capital Gain Tax – Holding Period of The Property
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-holding-period-property.html The holding period of the property to compute Capital Gain tax is always a subject matter of controversy between the taxpayer and the
👌👌👌👌👌👌👌Capital Gain Tax Exemption on Property under Redevelopment
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
👌👌👌👌👌Input tax credit eligible under section 16(5) and 16(6) of CGST Act: Gauhati HC
Clipped from: https://taxguru.in/goods-and-service-tax/input-tax-credit-eligible-section-16-5-16-6-cgst-act-gauhati-hc.html Jyotirmoyee Drugs And Anr. Vs Union of India And 3 Ors. (Gauhati High Court) Gauhati High Court held that petitioner is entitled to
👌👌👌ITR forms–Recheck-Perplexity
Types of ITR Forms Choosing the Right Form Filing Process You can file your ITR online through the Income Tax Department’s e-filing portal or through
👌👌👌👌👌Punjab and Haryana HC Invalidates S.148 Notices for Non-Compliance
Clipped from: https://www.taxscan.in/punjab-and-haryana-hc-invalidates-s-148-notices-for-non-compliance-with-faceless-assessment-procedure-read-order/453750/ The Court determined that the notices issued by the Jurisdictional Assessing Officer were not compliant with statutory requirements, leading to a lack of
👌👌👌👌👌New GST form: GSTN brings in new application process to settle tax demands – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/new-gst-form-gstn-brings-in-new-application-process-to-settle-tax-demands-453034-2024-11-08 The new DRC-03A form allows taxpayers to efficiently allocate payments to specific orders, ultimately decreasing their total tax obligation. Form GST DRC-03A is
👌👌👌👌👌GST rule change: From April 2025, taxpayers need to upload e-invoices within 30 days of issuance – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-rule-change-from-april-2025-taxpayers-need-to-upload-e-invoices-within-30-days-of-issuance-453138-2024-11-09 Previously, this 30-day requirement only applied to businesses with an AATO of Rs 100 crore or more. However, beginning in April 2025, this
👌👌👌👌👌Employees’ Provident Fund: A look at withdrawal, taxation, TDS applicable on EPF – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/employees-provident-fund-a-look-at-withdrawal-taxation-tds-applicable-on-epf-453174-2024-11-10 It is important to comprehend the tax implications of EPF withdrawals to prevent any unforeseen tax liabilities. Withdrawals made before completing five years
👌👌👌India SME Forum launches ‘Start Exporting in Eight Weeks’ programme | SME – Business Standard
lipped from: https://www.business-standard.com/industry/sme/india-sme-forum-launches-start-exporting-in-eight-weeks-programme-124092800676_1.html The ‘Start Exporting in Eight Weeks’ initiative is a movement towards transforming Indian MSMEs into a powerhouse of global trade India SME Forum
👌Asian Paints shares break 6-year bullish trend; another 17% fall likely | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/asian-paints-shares-break-6-year-bullish-trend-another-17-fall-likely-124111100285_1.html Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since
👌Re-examine trade pacts: India must consider entering CPTPP, RCEP
Clipped from: https://www.business-standard.com/opinion/editorial/re-examine-trade-pacts-india-must-consider-entering-cptpp-rcep-124111101707_1.html The two stumbling blocks for entry into the RCEP and CPTPP are, respectively, China and domestic reform Illustration: Binay Sinha Speaking at a
👌China nears record $1 trillion trade surplus as Donald Trump returns | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/china-nears-record-1-trillion-trade-surplus-as-donald-trump-returns-124111101796_1.html The difference between Chinese exports and imports is set to reach almost $1 trillion if it continues to widen at the same pace
👌👌👌Overstating food inflation The CPI uptick is traced to food inflation which has a 40% weightage in the index
Read more at: https://www.deccanherald.com/opinion/overstating-food-inflation-3267236 Clipped from: https://www.deccanherald.com/opinion/overstating-food-inflation-3267236 On October 9, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced the decisions taken by the six-member Monetary
👌👌👌👌👌Trump factor adds to monetary policy uncertainty – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trump-factor-adds-to-monetary-policy-uncertainty/article68856006.ece While the monetary policy normalisation is proceeding on expected lines, the change in regime in the US, following the Presidential elections is likely
Govt hopeful of meeting capital expenditure target for FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-hopeful-of-meeting-capital-expenditure-target-for-fy25/article68856204.ece big push. Aims to meet ₹11.11 lakh crore capex target, may relax cash management norms in Jan-March quarter The government is optimistic of meeting
👌👌👌MSMEs will need to manage commodity price risk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/msmes-will-need-to-manage-commodity-price-risk/article68856654.ece Monitoring spot and futureprices, hedging, and greater adoption of digital transactions will help them pare the risk Micro, small and medium enterprises (MSMEs)
👌👌👌👌👌Eye on colleges, hospitals, Centre looks to get own house in order ahead of data protection rules | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/data-protection-rules-india-colleges-hospitals-9663377/ The data protection Act has an exemption clause for the government and its agencies, however, it is unlikely that it could be used