Budget 2024: Mutual Fund Investors eyes on Debt Taxation Relief, Parity with ULIPs
As the Union Budget 2024 is to be announced soon the mutual fund investors hopes for debt taxation relief, parity with unit linked insurance plans...
![Service Taxability of an Event cannot depend upon a decision taken by Foreign Client: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Service-Taxability-of-an-Event-Foreign-Client-Service-Tax-Levy-CESTAT-Taxability-TAXSCAN.jpg "Service Taxability of an Event cannot depend upon a decision taken by Foreign Client: CESTAT [Read Order]")
Income from Mutual Fund and Interest from Income Tax Refund is Taxable as 'Other Income': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income from mutual fund and interest received from the income tax refund shall be taxable as “income from other sources” for...
![Income from Mutual Fund and Interest from Income Tax Refund is Taxable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Income-from-Mutual-Fund-Interest-Income-Tax-Refund-Other-Income-ITAT-Taxscan.jpeg "Income from Mutual Fund and Interest from Income Tax Refund is Taxable as Other Income: ITAT [Read Order]")
CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified a new provision related to the person responsible for the collection and payment of securities transaction tax in the case of the Insurance...
![CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/01/CBDT-Payment-of-Securities-Transaction-Tax-Insurance-Company-Taxscan.jpeg "CBDT notifies Person responsible for Collection and Payment of Securities Transaction Tax in case of Insurance Company [Read Notification]")
CBDT expands Scope of Information reported in New Form 26AS to include Mutual Fund, Foreign Remittances [Read Order]
The Central board of Direct Taxes (CBDT) has expanded scope information included in Form 26AS to include more high-value financial transactions and additional information. As per the rules...
![CBDT expands Scope of Information reported in New Form 26AS to include Mutual Fund, Foreign Remittances [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Form-26AS-Mutual-fund-CBDT-taxscan.jpg "CBDT expands Scope of Information reported in New Form 26AS to include Mutual Fund, Foreign Remittances [Read Order]")
SEBI issues Clarification on certain provisions, applicability of ‘skin-in-game’ rules for Key Mutual Funds' Employees [Read Circular]
The Market regulator, Securities and Exchange Board of India (SEBI) issued the Clarification on certain provisions and on applicability of the ‘skin-in-game’ rules for key mutual funds' employees. ...
![SEBI issues Clarification on certain provisions, applicability of ‘skin-in-game’ rules for Key Mutual Funds Employees [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/09/key-mutual-funds-SEBI-taxscan.jpg "SEBI issues Clarification on certain provisions, applicability of ‘skin-in-game’ rules for Key Mutual Funds Employees [Read Circular]")
Business Loss can’t be equated with Expenditure: S. 115JB doesn’t cover Loss incurred in redemption of Mutual Fund, says ITAT
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the business loss and business expenditure are different and the same cannot be equated since the expenditure is indicative of...
