Deduction in respect of employment of new employees under section 80JJAA of the Income Tax act 1961 (“the act”) 15/06/2016 by Jose Zachariah, FCA
Far reaching amendments have been made in Section 80JJAA of the Act bringing substantial benefits to a large number of Assesses carrying on business w.e.f AY 2017-18. This Section applies to all Assesses to whom Section 44AB of the Act applies. Before the Amendment of this Section by Finance Act 2016 the benefit […]
Capital Gain Tax on Compulsory Acquisition of Land 02/06/2016, by Jose Zachariah FCA
Government and Government Departments acquire land compulsorily from owners of land for road widening, new projects as in all these cases