Tax Corner

How to Generate your First E-way Bill from E-way Bill Portal?

January 21, 2018

Dear 5Rupees Readers, Here we present complete step by step guide to Registration of user on E- Way bill portal, and generating E-way Bill. As per notification with effect from 1st Feb – 18 every inter state transportation of goods having value more than Rs. 50,000 is to be done with E-way Bill. From 1st […]

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F&O Transaction carried out through recognized Stock Exchange is not Speculative

December 22, 2017

F&O Transaction carried out through recognized Stock Exchange is not Speculative Transaction, can be set off against Ordinary Business Income: ITAT  “4.2. We find that the loss from F&O business carried out through recognized stock exchange cannot be treated as speculative loss in view of the exceptions carried out under s.43(5) of the Act. As per […]

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