| Extension of date for applying CST declarations for the periods prior to 1/04/2008 Posted: 13 Mar 2010 04:53 AM PST Background: Procedure for filing on-line application for the CST declarations had been introduced on 2nd February 2009. Facility of on-line application is available for all the periods starting froml-4-2008 onwards. Applications for the... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Learning to Live with EET- Decoding the DTC – V Posted: 13 Mar 2010 04:34 AM PST For the tax-payer, "T" in the EET will never look like preferable to EEE. However, looking to the fact of EET as certainty, one will have to learn to live under it. The only alternative for the tax payer is to organize the affairs in such a way that... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | FAQ on Provisions relating to Capital Gain- Decoding the DTC – IV Posted: 13 Mar 2010 04:11 AM PST The ITA has always treated income from CG under special category. Not only liberal deductions / exemptions were provided, even the rate of tax was low as compared to the rate of tax on income from salary, business etc. Since long, CG has always been... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Taxability of Amount Receivable under Life Insurance Policies in DTC- Decoding the DTC – III Posted: 13 Mar 2010 03:46 AM PST The case in point is the proposal under the Direct taxes Code (DTC) to levy tax on amount received under life insurance policy. It is vehemently argued that the Government is playing foul by changing the rule of the game in between. Having declared... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
 | | Decoding the Direct Taxes Code – II, A Panoramic View Posted: 13 Mar 2010 03:22 AM PST Although the length of the Code is much compact with 285 sections, relationship between various sections, clauses, sub-clauses and Schedules makes one wondering from where to start. Should one start reading with Income from Employment or Capital... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]] 
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With Regards,
CA Sandeep Kanoi
Website: http://www.taxguru.in/
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