Special provision for taxation of capital gains in case of Market Linked Debentures BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 It has been noticed that a variety of hybrid securities that combine features of plain vanilla debt securities and exchange traded derivatives are being issued through private placements and listed… Read More »
Limiting the roll over benefit claimed under section 54 and section 54F BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 The existing provisions of section 54 and section 54F of the Income-tax, 1961 (the Act) allows deduction on the Capital gains arising from the transfer of long-term capital asset if an assessee,… Read More »
Increasing rate of TCS of certain remittances BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 Section 206C of the Act provides for TCS on business of trading in alcohol, liquor, forest produce, scrap etc. Sub-section (1G) of the aforesaid section provides for TCS on foreign remittance through the Liberalised Remittance Scheme and… Read More »
TDS and taxability on net winnings from online games BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 Section 194B of the Act provides that the person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle or card game and other game of any… Read More »
Preventing misuse of presumptive schemes under section 44BB and section 44BBB BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 Section 44BB of the Act provides for presumptive scheme in the case of a non-resident assessee who is engaged in the business of providing services or facilities in connection with, or supplying plant… Read More »
New GST CHANGES by Budget 2023 I थोड़ा फायदा , ज्यादा नुकसान i Budget Analysis I CA Satbir Singh
NEW INCOME TAX SLAB RATES FROM 2023-24 AY 2024-25 I BUDGET 2023-24 ANALYSIS i CA SATBIR SINGH
THE FINANCE BILL 2023 Budget 2023-24 Download Click here
NEW Income Tax Slabes & Changes by Budget 2023 24 Finance Minister Speech
MEMORANDUM EXPLAINING THE PROVISION IN THE FINANCE BILL, 2023 Download Click here