Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
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RATES OF INCOME-TAX for the PY 2022-23 i.e. AY 2023-24 [As per previous year Budget and comparison with Budget 2023 proposals] - Notes In the new tax regime increase the tax slab and omitted 25% rate of tax as well as reduce surcharge rate from 37% to 25% for new tax regime, and allowed deduction Standard Deduction , Family pension deduction , Contribution to Agniveer corpus Fund u/s 80CCH, Rebate u/s 87A now upto 25000/-, that means not tax liability upto total income 7 lakhs.
RATES OF INCOME-TAX for the PY 2022-23 i.e. AY 2023-24 [As per previous year Budget and comparison with Budget 2023 proposals] - Notes In the new tax regime increase the tax slab and omitted 25% rate of tax as well as reduce surcharge rate from 37% to 25% for new tax regime, and allowed deduction Standard Deduction , Family pension deduction , Contribution to Agniveer corpus Fund u/s 80CCH, Rebate u/s 87A now upto 25000/-, that means not tax liability upto total income 7 lakhs.
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