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Held The Assessee brought to the notice of the CIT(A) a CBDT Circular subsequent to the insertion of sub-section (3) in section 45 of the Act, viz., circular bearing No. 495 dated September 22, 1987, (1987) 168 ITR (St.) 87, wherein it was stated thus...

HCM City’s IIP surges 7% in seven months The index of industrial production (IIP) in HCM City grew by 7.05 per cent in the first seven months of 2016. Notably, key industrial sectors, such as mechanical and manufacturing industry, electronics, chemicals...

With Michael Dell acquiring the rest 84% stake in Dell for $2.15B in cash, before becoming the next IBM, and even getting the cash back after the transaction [‘Experiencing the Cloud’, Feb 8, 2013] on Sept 12, 2013 approved by Dell stockholders...

Definition of a Non-Resident Indian (NRI) – An Indian is considered as a non-resident when he/she has stayed less than 182 days of current financial year in India or if the person has been in India for less than 60 days in the current financial year...

Even though 2016 may end up being a subpar year for stocks, you may realize short-term capital gains. What will you do about them? You could do what many savvy investors do – you could “cash in your losses” and practice “tax-loss harvesting.” Selling...