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About 26 results for "rsm astute consulting group"

Budget 2016: Expect an increase in income tax exemption limit

Suresh Surana RSM Astute Consulting Group There are great expectations from the Union Budget 2016 to be presented on 29th February 2016 on personal tax front. The key expectations are summarized below: 1. Composite tax rates for individuals ... Moneycontrol.com, 2 months ago
Understanding Union Budget 2016-17 The Hindu, 1 month ago

Your Queries: Loan against security of house won't be regarded as transfer of capital asset

I had purchased a residential house property in FY10 and sold it in FY16. Now, I am purchasing a new plot. Can I claim exemption by investing the amount of capital gain in purchasing the plot? — Suman Kumar In order to claim exemption under ...
 Financial Express2 weeks ago

Income tax laws give you an option to file a belated return

I have sold a residential house property owned by me. I am planning to reinvest the sale consideration received in two flats. What will be the tax treatment in my hands for the sale consideration received and reinvested thereafter? —Vivek Kumar ...
 Financial Express1 month ago
Rediff.com

Investors get tax relief on investment gains

In a move that is likely to reduce litigations between investors and the income-tax department, the Central Board of Direct Taxes recently allowed investors to decide whether income from sale of securities is to be treated as business income or ...
 Business Standard India1 month ago Carrot for MNCs: pay up tax, end dispute  Hindu Business Line1 month ago
Economic Times

Various donations can save tax for you

Suresh Surana While India has a long and distinguished tradition of philanthropy, tax incentive has been a big encouraging factor. To incentivise donations to certain funds/relief effort, the government allows deductibility of contribution against ...
 Financial Chronicle1 month ago How FM's tax hits your EPF | NPS may save addl tax of up to 3% | Tax sops may stay  Economic Times1 month ago
Business Standard India

Be consistent in the tax treatment you ask for

, the Central Board of Direct Taxes (CBDT) issued a circular (no. 6 of 2016) on how income from sale of securities is to be treated. Hereafter, if the assessee wants the income to be treated as business income, the assessing officer (AO) must accept ...
 Business Standard India1 month ago
Business Standard India

Presumptive taxation: Compliance route eased for small biz

Professionals can do away with the need to maintain account books and audits Sanjay Kumar Singh March 1, 2016 Last Updated at 00:39 IST Finance Minister Arun Jaitley has proposed to widen the presumptive taxation regime's ambit, to ease the ...
 Business Standard India1 month ago

No focus on generating jobs: industry experts

The Hindu conducted a live chat with experts to understand the budget better. With the Union Budget increasing the government's thrust in the agricultural and infrastructure sectors, The Hindu conducted a live chat with industry experts in an ...
 The Hindu1 month ago
Livemint.com

Ex-cess time: pay more for cars, eating out

Krishi Kalyan cess of 0.5% takes the service tax rate up to 15% from 1 June 2016 Even though the widely expected increase in service tax didn't happen, there will be a new cess added to your service tax. The finance minister announced a Krishi ...
 Livemint.com1 month ago

Multinationals may take retro tax settlement offer

Multinationals such as Vodafone, Shell and Cairn face hefty retrospective tax bills from the Indian government and some of them are likely to take the offer of settlement made by the Indian government in the Budget today, top corporate lawyers said ...
 Smart Investor1 month ago
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