Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once he attained Majority: ITAT
Father cannot be Taxed for Cash Deposit in Bank Account opened in the Name of Son once he attained Majority:…
Month: July 2022
Supreme Court orders directs opening the window for taxpayers to claim transitional credits
Supreme Court orders directs opening the window for taxpayers to claim transitional credits The recent ruling in the case of…
Where last day for filing of income/loss return is a day on which income-tax office is closed, assessee can file return on next day afterwards on which office is open and return will be considered to have been filed within specified time limit: An Analysis
Where last day for filing of income/loss return is a day on which income-tax office is closed, assessee can file…
Trading in Sawn timber is liable for TCS u/s 206C as Forest Produce?
Trading in Sawn timber is liable for TCS u/s 206C as Forest Produce? Trading in Sawn timber is liable…
Mere possession of the proceeds of crime is money laundering
Mere possession of the proceeds of crime is money laundering Landmark SC judgement is delivered on 27th July 2022…
What if the Income Tax Returns is not filed within Due Date? Why Worry?
What if the Income Tax Returns is not filed within Due Date? Why Worry? 31st July is the due date…
NOC for closure of capital gain account not obtained –Whether exemption U/s 54 can be denied?
NOC for closure of capital gain account not obtained –Whether exemption U/s 54 can be denied? Whether exemption U/s…
“Har Ghar Tiranga – Ghar Ghar Tiranga” campaign eligible for CSR deduction: Next Big move towards building patriotism
“Har Ghar Tiranga – Ghar Ghar Tiranga” campaign eligible for CSR deduction: Next Big move towards building patriotism Har…
SC order on Trans 1 Credit: The GSTN Portal to be kept open for filling Form TRAN-1 & TRAN-2 for two months
SC order on Trans 1 Credit: The GSTN Portal to be kept open for filling Form TRAN-1 & TRAN-2 for…
Supreme court final Ruling on all the pending Tran-1 Writ Petitions
Supreme court final Ruling on all the pending Tran-1 Writ Petitions The Supreme Court has finally decided the issue…
Respected Finance Minister, Please don’t extend the Date. But …… : Representation by Team www.theTAXtalk.com
Respected Finance Minister, Please don’t extend the Date. But …… : Representation by Team www.theTAXtalk.com On the one hand,…
Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22 – conduct of assessment proceedings in such cases
Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22 – conduct of assessment proceedings…
Violations of Principles of Natural Justice and order passed beyond the scope of Show Cause Notice: Calcutta High Court quashed order passed under section 148A(d)
Violations of Principles of Natural Justice and order passed beyond the scope of Show Cause Notice: Calcutta High Court quashed order…
NO REPRESENTATION FOR INCOME TAX RETURNS DUE DATE EXTENSION: WELL JUSTIFIED MOVE BY DTC OF ICAI:
NO REPRESENTATION FOR INCOME TAX RETURNS DUE DATE EXTENSION: WELL JUSTIFIED MOVE BY DTC OF ICAI: DTC of…
GST: Tour Operator Services provided to a foreign tourist for the tour performed in India is proportionately taxable
GST: Tour Operator Services provided to a foreign tourist for the tour performed in India is proportionately taxable GST…
Estate & Succession Planning through Wills, Private Trusts & Nomination (IV)
Estate & Succession Planning through Wills, Private Trusts & Nomination (IV) In the earlier issues of The Tax…
No exemptions of RCM on GTA where freight is ₹1500 or ₹750. Now Reverse Charge on GTA services will be applicable from ₹1
No exemptions of RCM on GTA where freight is ₹1500 or ₹750. Now Reverse Charge on GTA services will be…
GST: Services by hospital charging room charges more than Rs 5000/- per day are taxable now
GST: Services by hospital charging room charges more than Rs 5000/- per day are taxable now GST Rate Change…
