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Rsm Astute Consulting

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A rare case, when I-T withdrew money from start-up accounts

It’s not unusual for the tax departments to freeze bank accounts and there have been instances of the authorities recovering the outstanding from the bank, though such course of action is not......

A MUST read for all property sellers

Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief. The rationalisation of property-related taxes is the most significant sop that stand-in......

Buying property from an NRI? IMPORTANT tax tips!

Both NRIs and those who make payouts on sale of property need to understand the TDS provisions that are applicable or risk punishment, warns Sanjay Kumar Singh.Illustration: Uttam Ghosh/Rediff.com......

Will crackdown on shell cos work?

While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate......

GST: 3 challenges for professionals/freelancers

'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'Tinesh Bhasin and Jahnavi Bhatia report on the challenges GST's......

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