The Finance Minister has introduced the Direct Tax Vivad se Vishwas Bill, 2020 in the Lok Sabha on 05-02-2020 for dispute resolution related to direct taxes. In this illustration, we have tried to explain the a few scenario for calculation of tax under the scheme.
from taxmann.com News https://www.taxmann.com/topstories/222330000000020425/calculation-of-dispute-tax-under-‘direct-tax-vivad-se-vishwas-bill’-2020.aspx
Subscribe to:
Post Comments (Atom)
AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...
-
In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
-
IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...
-
2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
No comments:
Post a Comment