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Tag Archives: Tax Knowledge

Classification of Excisable Goods, Various Types of Excisable Goods

Central Excise tariff act 1985

Classification of Excisable Goods, Various Types of Excisable Goods, Classification means allocating the heading or sub heading to various goods under which they would be considered for the purpose of central excise tariff. This is essentially required for the purpose of: Granting exemptions to the goods. Taxability of most of the goods will be determined based on the heading or sub …

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Income Tax Slab Rates AY 2017-18, FY 2016-17, Income Tax Rates 2017

Income Tax Slab Rates

Latest Income Tax Slab Rates AY 2017-18, FY 2016-17 & All Past Years. Income Tax Rates 2017-2018, Income tax Rates for FY 2016-2017.  Income Tax slab rates for FY 2015-16, AY 2016, 17, 2015-16, 2014-15, 2013-14 Etc. Tax Slab Rates for 2016-17, Find Latest Income Tax Slab Rates 2014-15. Check Latest Income Tax Slab for FY 2016-17 AY 2017-18. In this article you can find all Latest Income …

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Roadmap to Minimize Litigation and Strengthen Litigation Management

CAknowledge.in Latest News

Roadmap to Minimize Litigation and Strengthen Litigation Management. Recently Income Tax Department Uploaded Most Important Reports on ” Minimize Litigation and Strengthen Litigation Management“. Name of Both Reports is… The Committee to Study the Appellate Orders to Examine the Filing of Appeals by the Income Tax Department before Various Forums – 2014 Comprehensive Roadmap to Minimize Litigation and Strengthen Litigation Management – Report …

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Issue of taxability of surplus on sale of shares and securities – Circular No. 6

Issue of taxability of surplus on sale of shares and securities

Circular No. 6 of 2016: Issue of taxability of surplus on sale of shares and securities. The CBDT has accepted that inspite of its circular no. 4 of 2007 dated 15th June 2007 and instruction no. 1827 dated 31st August 1989 on the matter of characterization of income from sale of shares and securities, there remains difficulty in application of the principles …

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Advance for property – Is the perplexity over??

Advance for property – Is the perplexity over??. Provisions of section 54 of the Income tax Act, 1961, which provide an exemption from capital gains tax, requires fulfillment of certain conditions for availment of exemption. The conditionalities, in brief, are either to purchase a house property 1 year before the date of transfer or within 2 years from the date …

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Download Latest Income Tax Return Forms – ITR Forms

Download Latest Income Tax ITR Forms

Download Latest Income Tax Return Forms – ITR Forms For AY 2016-17 or FY 2015-16. ITR 1, ITR 2A, ITR 3, ITR 3, ITR 4 & ITR 7 Available in Java and PDF Format. After Providing Latest Income Tax Challans Here we are providing Latest Income Tax Return Forms like ITR-1, ITR-2, ITR 2A, ITR-3,  ITR-4,  ITR-4S,  ITR-5,  ITR-6,  And  ITR-7 Form …

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Deemed profit u/s 44 AD reduced from 8% to 6% for digital transaction

Income Tax India Notification

Deemed profit u/s 44 AD reduced from 8% to 6% for digital transaction. Measures for Promoting Digital Payments & Creation of Less Cash Economy. On Today (19-12-2916) Govt of India Decided to Reduce Existing Rate of Deemed Profit under section 44AD of the Income Tax Act in respect of amounts/receipts through banking channel/digital means. Now check more details for “Deemed profit u/s …

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Salient Features of Pradhan Mantri Garib Kalyan Deposit Scheme, 2016

Salient Features of Pradhan Mantri Garib Kalyan Deposit Scheme, 2016

Salient Features of Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. Check all Salient Features of PMGKY Scheme 2016. Pradhan Mantri Garib Kalyan Yojana Scheme – All Details. Recently CBDT Release Notification of The Taxation Laws (Second Amendment) Act, 2016 and in this article we provide list of all Features of PMGKDS 2016. Please check all “Salient Features of Pradhan Mantri Garib Kalyan Deposit …

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