The Delhi Bench of ITAT has ruled that the credit received by the assessee under the "Served From India Scheme" is not in the nature of income and that it does not constitute taxable income under Section 2 of the Income Tax Act, 1961. The ITAT observed that the eligible purchases made by the assessee under the SFIS were not …
Finance Minister Nirmala Sitharaman on Tuesday announced that any income from cryptocurrencies will be taxed at 30 per cent. If your crypto is taxed as a capital gain, you'll only pay Capital Gains Tax on half of any profits of a crypto transaction. Instead, your crypto will either be subject to Capital Gains Tax or Income Tax. Germany Cryptocurrency is …
By Balwant Jain Many salaried as well as retired individuals are under the impression that as tax has been deducted from their income; they do not have to file their ITR. Income criteria for Liability to file ITR As per the income tax laws, you have to file your ITR if the aggregate of all your income: called gross total …
