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Total 2629 results found. Search for [ income tax act ]

Results 1 to 21 of 2629
Naveen Kumar
November 27, 2020
\"One can claim HRA exemption and interest deduction on a housing loan simultaneously if one satisfies all of the conditions for claiming so,\" says Kapil Rana, Founder & Chairman, HostBooks Ltd. Let us understand the conditions that will allow you to claim both the tax benefits together


Prasanna Mohanty
November 26, 2020
While government claims on tax compliance and GST collections paint a healthier picture of the economy, tax-to-GDP has fallen for two consecutive years and tax collections across the board in the first half of FY21 are nowhere close to FY20, indicating that trouble is far from over


Joe C Mathew
New Delhi, November 25, 2020
State laws may delay progress of Centre's agri-marketing reforms, but won't be able to halt them


BusinessToday.In
November 23, 2020
India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards


BusinessToday.In
November 20, 2020
Central Information Commission's ruling came against an appeal filed by Rahmat Bano of Jodhpur after the I-T department held that the information sought by a wife on her husband's income belonged to a third party


Aprajita Sharma
November 19, 2020
Gifts to a close relative as defined in the Income Tax Act are not taxable. It gets taxable for non-relative only when the value of the gift crosses Rs 50,000 in a year


Dipak Mondal
November 18, 2020
Finance Ministry has decided to adopt a proactive approach for implementation of the scheme; deadline for the scheme has been extended to March 31, 2021, in view of coronavirus pandemic


Aprajita Sharma
November 18, 2020
If you are a Dream11 team player you must know the money you win is not entirely yours. The prize money is your income from other sources that will attract taxes just like your primary income. Prize money in Kaun Banega Crorepati is also taxed


PTI
November 16, 2020
A bench of Justices Ashok Bhushan and R Subhash Reddy issued notice to the I-T department on an appeal filed by Karti, son of senior Congress leader P Chidambaram, against the Madras High Court judgment


BusinessToday.In
November 14, 2020
SK Mishra, who is a 1984-batch Indian Revenue Service officer of the Income-tax cadre, was appointed as ED's director on November 19, 2018, and, his tenure was to end next week


PTI
November 13, 2020
The finance minister announced tax relief on select home sale deals, enhanced credit guarantee programme for small businesses and provided incentives for new job creation as the government widened stimulus measures to boost the economy


Rukmini Rao
November 12, 2020
Realtors hope to see accelerated pace of sale in affordable and mid-segment houses after the government's move to increase the differential rate between circle rate and agreement value to up to 20 per cent


Naveen Kumar
November 12, 2020
The government has decided to increase the differential between agreement value and circle rate from 10 per cent to 20 per cent (under section 43CA) for the period starting now to June 30, 2021


BusinessToday.In
November 12, 2020
Nirmala Sitharaman press conference: Section 43CA of the IT Act restricts the differential between the circle rate and agreement value at 10 per cent


Mehak Agarwal
November 12, 2020
The extra budgetary resource will be used for grounding of 12 lakh houses and construction of 18 lakh houses which, in turn, will help create 78 lakh additional jobs in the housing sector


BusinessToday.In
November 12, 2020
India Stock Market News Updates Today: SBI, IndusInd Bank and Kotak Bank were among the top Sensex losers today. On the other hand, HUL, ITC and L&T shares ended in green


PTI
November 7, 2020
The searches had led to the detection of unaccounted income of around Rs 1,000 crore out of which disclosure of additional income of Rs 337 crore has already been made by the assessee


BusinessToday.In
November 4, 2020
India Stock Market Highlights Today: Infosys, followed by Sun Pharma, Tech Mahindra, HCL Tech and TCS were among the top gainers on Sensex today. On the other hand, ICICI Bank, Power Grid, Axis Bank, HDFC, and ITC were among the laggards


Dipak Mondal
November 3, 2020
The government has extended many tax concessions for sovereign funds to attract long-term investments in India's infrastructure sector


PTI
October 28, 2020
As per a Central Board of Direct Taxes (CBDT) notification, declaration under the Vivad se Vishwas Scheme shall be required to be furnished latest by December 31, 2020


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