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Personal Finance News

  • ITC can be claimed on taxable exports and zero-rated supplies but not on exempt, nil rated, non-GST supplies and goods and services used for non-busin...
    I am 44 years old. My husband died recently. He had good business sense. Unfortunately, though I am educated, I did not pa...
  • Notice has to be issued within four years from the end of the relevant AY if the escaped income is less then Rs 1 lakh and within six years if it is m...
    Recently an old assessment of our charity trust, completed under Section 143(3) of the Income Tax (IT) Act, 1961, has been...
  • The partners must also declare that the LLP has no liabilities and indemnify any liability that may arise even after shutting down the LLP
    have some junk shares in physical and demat formats. These have been delisted due to various reasons including closure of ...
  • A tax payer can claim exemption under Section 54 even if he invests in two residential houses in India if the capital gain does not exceed Rs 2 crore
    The new fiscal year has begun. What are the various changes in the income tax (IT) law applicable from 1 April 2019?<...
  • There is no conveyance or transfer of a property. Hence, it is not a transfer of a capital asset but an arrangement for settling the interest and righ...

    My father and mother expired without leaving a will. They have left a property where all their...

  • If GST on services has been indicated separately in the invoice, then no tax is to be deducted on the GST component. Otherwise it will lead to double ...
    My husband and I invested Rs 15 lakh in the Senior Citizens Savings Scheme (SCSS) with the Union Bank of India, in Decembe...
  • After the death of a partner, the insurer pays an amount equal to the value of the deceased partner's ownership stake to buy the stake from the heirs ...
    I have been appointed as auditor of a public limited company. The number of shareholders is very large. Can any shareholde...
  • It is proposed to allow the tax payer to claim nil annual value of any two houses declared as self-occupied and deduction of interest on borrowed capi...
    What is the stamp duty when old, unregistered agreement is replaced with new sale agreement?

  • Nominees who are immediate family members are the beneficiaries so that the insurance money can go to the intended recipients and other legal heirs do...
    I was staying in an old building at Malabar Hill in Mumbai. The building has gone for redevelopment. The developer is payi...
  • Every GST-registered person must maintain account books and records for at least six years. The period is from the last date of filing of annual retur...
    I have received a show-cause penalty notice under Section 272A of the Income Tax (IT) Act, 1961. What should I do?
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Flash News 18-Sep-2019
  •  ( 16:57) European shares rise ahead of Fed rate decision  
  •  ( 16:57) Most Asian shares end higher  
  •  ( 16:30) Sensex, Nifty snap 2-day losing streak  
  •  ( 15:26) Union Cabinet decides to ban e-cigarettes  
  •  ( 08:43) Sunteck Realty acquires project near Andheri (West)  
  •  ( 08:41) Ahluwalia Contracts gets projects worth Rs 497.36 crore  
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18 September 2019 00:00
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