Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
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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