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Deduction of medical treatment and maintenance of disabled dependent

By Taxwink Team | 24 Jun,2020

Deduction for medical expenditure for a deprendent Introduction Section-80DD of the Income Tax Act, 1961 p....

Deemed Dividend under section 2(22)(b)

By Taxwink Team | 23 Jun,2020

Deemed Dividend u/s 2(22)(b) The taxability of ‘Deemed Dividend” is a complex issue in the Inco....

Companies registered under Companies Act allowed to file Form GSTR-3B & GSTR-1 through EVC

By Taxwink Team | 22 Jun,2020

CBIC vide Notification No. 48/2020- Central Tax dated JUne 19,2020, amends the Central Goods and Service Tax R....

Dividend under section 2(22)(a) of Income Tax Act

By Taxwink Team | 22 Jun,2020

Section-2(22) deals with the term 'Dividend'. Sub clause (a) of section-2(22) talks about distribution....

Tax on Income of Mutual Funds & Dividend Distribution Tax

By Taxwink Team | 21 Jun,2020

Section-10(23FC) of the Income Tax Act, 1961 provides for exemption for any income derived by a business trust....

FAQs on scheme of relaxation of time for filling forms related to creation or modification of charges

By Taxwink Team | 20 Jun,2020

The MCA in order to help and support companies and chargeholders is taking necessary measures to address the c....

GST applicability on sale of vacant developed plots

By Taxwink Team | 19 Jun,2020

GST applicability on sale of vacant plot of land after developing primary amenities Brief Facts: The....

Interest income to be considered for calculating threshold limit

By Taxwink Team | 19 Jun,2020

The value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, wi....

Deduction for Medical Insurance Premium under section-80D

By Taxwink Team | 19 Jun,2020

Deduction in respect of Medical Insurance Premium: Section-80D Nowadays, the risk arising from lifestyle di....

Extension of due date for regulatory fillings of AIFs and VCFs

By Taxwink Team | 18 Jun,2020

In light of market events due to CoVID-19 pandemic, SEBI, vide Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/58....

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