Income TaxLoss from F & O can be set off against other Income31 Jul 20230Loss from F & O can be set off against other Income Query 1] Whether loss in F & O…
Income TaxRepresentation requesting for Extension of due for filing Income Tax Returns (Non-Audit and Salaried) for Assessment year 2023-24 By BJP Professional Cell ,Mumbai29 Jul 20230Representation requesting for Extension of due for filing Income Tax Returns (Non-Audit and Salaried) for Assessment year 2023-24 By BJP…
Income TaxSalaried Taxpayers: Whether offering FDR interest on accrual basis is mandatory?29 Jul 20230Salaried Taxpayers: Whether offering FDR interest on accrual basis is mandatory? One of the common questions by many taxpayers…
Income TaxMost common tax saving allowance and perquisite for salaried Taxpayers29 Jul 20230Most common tax saving allowance and perquisite for salaried Taxpayers For salaried taxpayers, the option of tax planning or…
Income TaxBare Minimum Compliances by the Private Limited Company29 Jul 20230Bare Minimum Compliances by the Private Limited Company There are various compliances which the private limited companies are…
Income TaxITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared.29 Jul 20230ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared. Shrikant…
GSTSection 16(4) of CGST Act, 2017 prescribing time line for claiming ITC is Constitutionally Valid: Andhra Pradesh HC28 Jul 20230Section 16(4) of CGST Act, 2017 prescribing time line for claiming ITC is Constitutionally Valid: Andhra Pradesh HC FINAL ORDER…
Income TaxCBDT Authorises CCIT/DGIT Rank Officials To Condone Delay In ITR-filing By Co-Operative Societies28 Jul 20230CBDT Authorises CCIT/DGIT Rank Officials To Condone Delay In ITR-filing By Co-Operative Societies The Central Board of Direct Taxes (CBDT)…
Income Tax27 Jul 20230Claim of enhanced amount of carry forward loss in revised return filed within time permitted u/s 139(5) allowable ITAT Pune…
Income TaxReligious expenses exceeds 5% & so trust held to be ineligible for sec. 80G approval: ITAT Pune27 Jul 20230Religious expenses exceeds 5% & so trust held to be ineligible for sec. 80G approval: ITAT Pune Shri Kalaram Sansthan_watermark…
Income TaxCarrying of the physical copy of Invoice is mandatory. Soft copy is not valid: Calcutta HC25 Jul 20230Carrying of the physical copy of Invoice is mandatory. Soft copy is not valid: Calcutta HC J.-K.-Jain-Buildtech-India-Pvt.-Ltd.-Vs-Assistant-Commissioner-Calcutta-High-Court (1)
GSTGST Advisory: e- Invoice Exemption Declaration Functionlality Now Available25 Jul 20230GST Advisory: e- Invoice Exemption Declaration Functionlality Now Available Dear Taxpayers, 1.GSTN is pleased to inform you that the e-Invoice…
Income TaxCan interest on bank FDR be taxed at the time of its withdrawals?24 Jul 20230Can interest on bank FDR be taxed at the time of its withdrawals? Query 1] I have…
Income TaxNot followed the CBDT Circular: Court imposed cost on the CIT & ordered interest on refund @9%24 Jul 20230Not followed the CBDT Circular: Court imposed cost on the CIT & ordered interest on refund @9% …
IT JudgementDeduction & Claim can be considered by way of a simple letter during assessment proceeding- No need for Revised Return22 Jul 20230Deduction & Claim can be considered by way of a simple letter during assessment proceeding- No need for Revised Return…
IT JudgementBogus Purchase: Only profit element taxable if sales & stock is not doubted22 Jul 20230Bogus Purchase: Only profit element taxable if sales & stock is not doubted PCIT v. Ashwin Purshotam Bajaj [ITA…
GSTIncome TaxIncome under Section 44AD or 44ADA: Whether inclusive of GST or excluding it?22 Jul 20230Income under Section 44AD or 44ADA: Whether inclusive of GST or excluding it? One of the most common…