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tax rules

Excellent commerce point > tax rules
Set Off & Carry Forward of Losses​
13
Oct

Set Off & Carry Forward of Losses Question 1.Write short note on the following:Losses which cannot be carried forward for set 6ff when the return of income Is not filed within the ‘due dEW specified under section 139(1). (June 2019, 5 marks)Answer: .Losses which cannot be carried forward where ROI is flied belatedly: Section 8.0 […]

Posted in: CMA updates ,
Tags: Business Losses , Carry Forward of Losses , Financial Planning , Income Tax , Income Tax Act , Indian Tax System , Loss Adjustment , Set Off of Losses , Tax Deductions , Tax Filing Tips. , Tax Liabilities , Tax Planning , tax rules , Tax Savings , Taxation ,
Income, Which Do Not Form Part Of Total Income​
08
Oct

Income, Which Do Not Form Part Of Total Income Question 1.Write a short note on the following:Provisions of Equalization levy as per the Finance Act. 2016. (June 2017, 5 marks)Answer:Provisions of equalization levy as per the Finance Act 2016:In terms of the recommendations of the committee on taxation of e-commerce constituted by the CBDT on […]

Posted in: CMA updates ,
Tags: Financial Reporting , income classification , income exclusions , income not included in total income , income types , non-taxable income , tax exemptions , tax rules , tax-free earnings , total income ,