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SEBI signs MoU with CBDT for data exchange between two organizations

By Taxwink Team | 09 Jul,2020

A Formal Memorandum of Understanding (MoU) was signed today between CBDT and SEBI for data exchange between....

Cabinet likely to approve extension of EPF support for business, workers for 3 months

By Taxwink Team | 08 Jul,2020

Union Cabinet is likely to approve extension of EPF support for business and workers for 3 months. The Governm....

Deduction in respect of donations to charitable institutions

By Taxwink Team | 07 Jul,2020

India is a country where people generously donate and contribute towards social causes. Such donation are....

Input Tax Credit of GST paid on inputs and input services for construction of immovable property

By Taxwink Team | 05 Jul,2020

Input Tax Credit of GST paid on construction of Immovable facility which is to be leased out by the taxpayer....

Deduction of interest on loan taken for purchase of a electric vehicle

By Taxwink Team | 04 Jul,2020

Deduction for Electric Car in India under Income Tax The Central Government has been making efforts for pro....

Deduction in respect of interest on loan taken for residential house property

By Taxwink Team | 04 Jul,2020

Introduction Taxpayers who take housing loan get benefits of deduction for interest on housing loan under s....

Deduction for Interest on loan taken for residential house property

By Taxwink Team | 03 Jul,2020

Introduction: Section-80EE of the Income Tax Act, 1961 prescribes for deduction towards interest on loan ta....

Deduction for Medical Treatment of Specified Diseases under section 80DDB

By Taxwink Team | 03 Jul,2020

Introduction Section-80DDB of the Income Tax Act, 1961 provides for deductions for expenditure incurred tow....

Deduction for Interest paid on Education Loans under Income Tax Act

By Taxwink Team | 02 Jul,2020

Introduction: Expenditure on higher studies and technical courses like MBA, Engineering, and Medical etc. now....

CBIC issues Notification No. 50/2020 making rules further to amend CGST Rules, 2017

By Taxwink Team | 02 Jul,2020

CBIC has issued Notification No. 50/2020 dated 24th June, 2020 which makes rules further to amend CGST Rule....

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