Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition)

Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition) PDF Author: D.C Agrawal
Publisher: Taxmann Publications Private Limited
ISBN: 9390128463
Category : Law
Languages : en
Pages : 29

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Book Description
This book is a ready referencer to understand the tax implication of cash deposited during demonetization or in routine course, and the guidance on how to give response to the notices of Department. It also provides a complete understanding of the provisions relating to unexplained Income and Prohibition of Benami Property Transaction Act, 1988. This book has been written with the following objectives: · Provides an idea about the tax consequences of demonetization; · Provides an insight into various modes used by the taxpayers to explain their cash deposited in the bank; · Explains the conditions under which various deeming provisions under Income Tax Act can be applied; · Highlights the requirement of documentary evidence in support of explanation furnished by the assessee; · Covers the circumstances under which enhancement, revision or reopening can be done; and · Highlight the circumstances under which penal provisions in relation to cash deposits can be invoked. The present publication is the first edition, authored by D.C. Agarwal & updated till 15th August 2020, with the following noteworthy features: · Chapter are designed in the form of independent articles so that all the material relating to the issue is compiled in one place · Chapter on selected questions and answers – FAQs on the issues relating to assessment of cash deposits has also been inserted · Topics such as power of enhancement by CIT(A) and Tribunal, re-opening and re-assessment and revision under Section 263 have also been incorporated · Contents of this book are as follows: o Introduction o After effects of Demonetization o Various Modes of Cash Deposits o Cash Deposits and Bogus Sales & Purchases o Cash Deposits and Section 68 o Cash Deposits and Section 69 o Cash Deposits and Section 69A o Cash Withdrawal and Deposit o Bank Passbook and Section 68 o Books and Books of Account o Burden of Proof o Legal Fiction under Section 68, 69 and 69A o Concept of Telescoping and Peak Credit in relation to Cash Transaction o Substantive – Protective assessments o Cash Deposits and Presumptive Taxation o Nature of amendment in Section 115BBE by Taxation Laws (Second Amendment) Act, 2016 o Related Issues o Power of Enhancement o SBN Deposits in Banks and Prohibition of Benami Property Transactions Act, 1988 o Cash Transactions and Penalties o Reopening and Reassessment o Revision under Section 263 o FAQs

Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition)

Taxmann's Taxation of Cash Deposits & Deposits After Demonetisation-Updated till 15th August 2020 (August 2020 Edition) PDF Author: D.C Agrawal
Publisher: Taxmann Publications Private Limited
ISBN: 9390128463
Category : Law
Languages : en
Pages : 29

Get Book Here

Book Description
This book is a ready referencer to understand the tax implication of cash deposited during demonetization or in routine course, and the guidance on how to give response to the notices of Department. It also provides a complete understanding of the provisions relating to unexplained Income and Prohibition of Benami Property Transaction Act, 1988. This book has been written with the following objectives: · Provides an idea about the tax consequences of demonetization; · Provides an insight into various modes used by the taxpayers to explain their cash deposited in the bank; · Explains the conditions under which various deeming provisions under Income Tax Act can be applied; · Highlights the requirement of documentary evidence in support of explanation furnished by the assessee; · Covers the circumstances under which enhancement, revision or reopening can be done; and · Highlight the circumstances under which penal provisions in relation to cash deposits can be invoked. The present publication is the first edition, authored by D.C. Agarwal & updated till 15th August 2020, with the following noteworthy features: · Chapter are designed in the form of independent articles so that all the material relating to the issue is compiled in one place · Chapter on selected questions and answers – FAQs on the issues relating to assessment of cash deposits has also been inserted · Topics such as power of enhancement by CIT(A) and Tribunal, re-opening and re-assessment and revision under Section 263 have also been incorporated · Contents of this book are as follows: o Introduction o After effects of Demonetization o Various Modes of Cash Deposits o Cash Deposits and Bogus Sales & Purchases o Cash Deposits and Section 68 o Cash Deposits and Section 69 o Cash Deposits and Section 69A o Cash Withdrawal and Deposit o Bank Passbook and Section 68 o Books and Books of Account o Burden of Proof o Legal Fiction under Section 68, 69 and 69A o Concept of Telescoping and Peak Credit in relation to Cash Transaction o Substantive – Protective assessments o Cash Deposits and Presumptive Taxation o Nature of amendment in Section 115BBE by Taxation Laws (Second Amendment) Act, 2016 o Related Issues o Power of Enhancement o SBN Deposits in Banks and Prohibition of Benami Property Transactions Act, 1988 o Cash Transactions and Penalties o Reopening and Reassessment o Revision under Section 263 o FAQs

The Verification Guide

The Verification Guide PDF Author:
Publisher:
ISBN:
Category : Federal aid to education
Languages : en
Pages : 220

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Book Description


The Airports Authority of India Act, 1994

The Airports Authority of India Act, 1994 PDF Author:
Publisher: Universal Law Publishing
ISBN:
Category :
Languages : en
Pages : 84

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Direct Taxes Ready Reckoner

Direct Taxes Ready Reckoner PDF Author: Dr. V. K. Singhania
Publisher:
ISBN: 9788171946020
Category :
Languages : en
Pages : 624

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Book Description


Service Tax - How To Meet Your Obligations (set Of 2 Volumes)

Service Tax - How To Meet Your Obligations (set Of 2 Volumes) PDF Author: S. S. Gupta
Publisher:
ISBN: 9788171946280
Category :
Languages : en
Pages : 2615

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Book Description
ABOUT THE BOOK AS AMENDED BY FINANCE (NO.2) ACT 2009 & INCORPORATING NOTIFICATION ISSUED ON 31 ST AUGUST 2009 ON NEW SERVICES Volume I : *Basic Propositions *Exemptions *Export & Import of Services *Valuation of Taxable Services *Advertising Agency's Services to Outdoor Caterer's Services Volume II: *Packaging Activity Services to Works Contract Services *Registration/Payment of Tax/Returns, etc. *CENVAT Credit *Reckoner of Services Liable to Tax

International Finance Service Centre (IFSC) – In a Nutshell

International Finance Service Centre (IFSC) – In a Nutshell PDF Author: Taxmann
Publisher: Taxmann Publications Private Limited
ISBN:
Category : Education
Languages : en
Pages : 10

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Book Description
An International Financial Services Centre (IFSC) caters to customers outside the jurisdiction of the domestic economy. These centres are ‘international’ in the sense that they deal with the flow of finance and financial products/services across borders which includes banking, insurance, asset management, and most importantly, a well-structured and fully developed capital market for debt, equities, commodities as well as derivatives. The first IFSC in India has been set up at GIFT City, Gandhinagar, Gujarat. Read Now! Drafted by Taxmann’s Editorial Team

Financial Management

Financial Management PDF Author: Nikhil Chandra Shil
Publisher: SAGE Publications Pvt. Limited
ISBN: 9789351509998
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This book discusses the concepts of financial management by using real-life corporate strategies to help understand the decision-making process of modern-day business enterprises. Strategic financial management as a discipline has acquired critical significance because of continuing globalization and resulting cross-border flow of capital. Financial Management: A Strategic Perspective stresses upon the importance of applying knowledge and techniques of financial management to the planning, operating and monitoring of financial functions within the context of the strategic choices and issues that have an impact on an organization’s long-term success. Divided into four major sections, this book enables students to explore a wide range of concepts and issues related to an organization’s strategic objectives and the internal and external analysis of those objectives. Key Features • Incorporation of real-life cases providing a critical view of the application of the theories discussed • Extensive coverage of various forms of corporate expansion through financial restructuring as per the Indian regulatory framework • Integration of mathematical problems and solutions for understanding the practical aspects of financial decision-making • Robust companion website offering complementary chapters on Corporate Sickness, Strategic Corporate Restructuring and Benchmarking and additional case studies and solutions of unsolved problems

Tourism and Development

Tourism and Development PDF Author: K K Sharma
Publisher: Sarup & Sons
ISBN: 9788176255547
Category : Economic development
Languages : en
Pages : 250

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Book Description


Handbook of Algorithms for Wireless Networking and Mobile Computing

Handbook of Algorithms for Wireless Networking and Mobile Computing PDF Author: Azzedine Boukerche
Publisher: CRC Press
ISBN: 1420035096
Category : Computers
Languages : en
Pages : 1042

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Book Description
The Handbook of Algorithms for Wireless Networking and Mobile Computing focuses on several aspects of mobile computing, particularly algorithmic methods and distributed computing with mobile communications capability. It provides the topics that are crucial for building the foundation for the design and construction of future generations of mobile and wireless networks, including cellular, wireless ad hoc, sensor, and ubiquitous networks. Following an analysis of fundamental algorithms and protocols, the book offers a basic overview of wireless technologies and networks. Other topics include issues related to mobility, aspects of QoS provisioning in wireless networks, future applications, and much more.

Taxing Reforms

Taxing Reforms PDF Author: Richard Eccleston
Publisher: Edward Elgar Publishing
ISBN: 9781782543404
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
'Taxing Reforms is a good short book about the comparative policies of Value Added Taxation (VAT) in Australia, Canada, Japan and the United States. . . Taxing Reforms is a fine book, well worth reading, especially for specialists in the comparative political economy of taxation. . . its richly detailed case studies will make it a fruitful source of comparative hypotheses.' - Isaac W. Martin, Journal of Economic Literature