Relevant TDS Amendments in Union Budget 2015

Sr. Sec Main Heading Amendment Action Points  ‘    ‘  ‘  ‘    ‘    ‘ 1 192 Tax deduction from Salary Employer shall obtain from employee, the proofs of claims (incl. set-off of house property loss) made by him in the prescribed form and manner from 01/06/2015. Prescribed Form has not yet been notified. […]

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Union Budget 2014-15

17/07/2014 – Article on Union Budget 2014-15 Acche Din Aayenge !? The maiden budget from the NaMo led government placed before the parliament on 10 July 2014 was most sought after by the people of India to DISCOVER the CHANGE and EMBARK on RAYS OF ACHHE DIN. Hopes and expectations were attached f rom the […]

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Select Issues in Capital Gain

  26/02/2014 – Article on Select Issues in Capital Gain Select Issues in Capital Gains As is generally understood, revenue receipts constitute income whereas a capital receipt is not an income. But, under the provisions of the Indian tax law, a capital receipt can be charged to tax, if the following three conditions are satisfied: […]

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Limited Liability Partnership

  23/12/2013  – Article on Limited Liability Partnership    Constituent of Limited Liability Partnership Limited Liability Partnership [LLP] as a business vehicle has been recognised worldwide. Internationally in countries like UK, France, USA, Singapore, Japan, China, Canada, Germany etc., LLP is preferred as a business medium especially for the service sector, realty sector, Joint Ventures […]

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