LATEST ARTICLES

How will goods and service tax impact state revenues?

The goods and service tax (GST) will be implemented soon. This is a value-added tax (VAT) system that subsumes a number of central and...

Tax officers can issue certificates to avoid taking TDS from NRIs

If you buy a house from an NRI you may have to deduct TDS in case of capital gains, unless the seller can produce...

India is second most complex tax jurisdiction

Indian tax laws are perceived to be second most complex in the Asia-Pacific region, becoming even less predictable over the last three years, a...

How to link your Aadhaar and PAN details to file income-tax...

Central Board of Direct Taxes (CBDT) has come out with a simple solution to link your Aadhaar with PANThe Finance Act, 2017 has made...

Income tax filing FAQs part 1

The tax season is back. If you are struggling to file your returns, or looking for answers, we can help you out. From deductions...

Return Filing – Under GST, this is how you will file...

Small businesses are the backbone of Indian economics. They drive the velocity of country's economics, industrial growth, and catalyst for job creation. However, a...

How to calculate capital gains tax on property sold at less...

We have sold our ancestral house in May 2017 for Rs 36 lakh after the deed was duly registered. The amount was shared among...

New tax accounting standards may reduce leeway for infrastructure companies

Tax officials and industry experts will discuss new tax accounting standards for infrastructure companies in July, a person aware of the matter said. The...

Filing of online return for 4th quarter of 2016-17- extension of...

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI  DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7 (420)/VAT/Policy/2011/250-255 Dated:15-05-2017 CIRCULAR NO. 5 of 2017-18 Sub: Filing...

GST CONCEPT & STATUS As on 01st May, 2017

GST ­ CONCEPT & STATUS ­ As on 01st May, 2017IntroductionThe introduction of Goods and Services Tax (GST)...