Section 80TTB – Deduction of Interest for Senior Citizens
Section 80TTB of the Income Tax Act, 1961 is a provision that provides tax benefits to senior citizens on interest …
CA GURUJI CLASSES
20 Important Decisions of 50th GST council meeting
50TH GST COUNCIL MEETING WAS HELD ON 11 JULY 2023 AT VIGYAN BHAWAN NEW DELHI AND ANNOUNCED MAJOR CHANGES IN …
Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]
![Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/blog-14-768x432.jpg "Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]")
Any income of a charitable institution or fund which is approved by the Principal Commissioner or Commissioner having regard to …
Exempt Income of Local Authority in India
As per Section 2(31) Person for the purpose of Income Tax Act includes inter alia a Local Authority. Meaning: For the …
Exempt Income of research association [Section 10(21)]
![Exempt Income of research association [Section 10(21)]](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/xblog-11-768x432.jpg.pagespeed.ic.uEsvczvf_G.jpg "Exempt Income of research association [Section 10(21)]")
Any income of a research association, approved under section 35(1)(ii)/(iii) is exempt from tax, if following conditions as specified in …
GSTN (Goods & Services Tax Network) brings under PMLA
As per Notification under section 66 of PMLA, 2002 Dated 7 July 2023, Government brings GSTN under PMLA (Prevention of …
New feature on Income Tax portal – Know your Refund Status
Earlier this option was on NSDL website, Now know your Refund Status option is in Quick links of www.incometax.gov.in you …
Exemption of Capital Gain on sale of Agriculture Land
Change is an inevitable part of life, and sometimes it takes us on unexpected journeys. Today, I want to share …
PAN Aadhaar Card delinking Process
The Directorate General of Income Tax (System) has issued Standard Operating Procedure (SOP) for Aadhaar Delinking, Dated 3 June 2019 First understand requirements …
FAQs for Removal of difficulty on issues pertaining to TCS on LRS and purchase of overseas tour program package – Circular No.10/2023 of Income Tax, dated 30 June 2023
Sub: Circular to remove difficulty in implementation of changes relating to Tax Collection at Source (TCS) on Liberalised Remittance Scheme …
