Month: November 2024

Recent Posts

• Affidavit & Declaration on stamp paper of Rs. 100 shall continue to be valid: Clarification Circular issued by Maharashtra Stamp Department
• If main is to carry on the business of leasing of immovable properties then resultant income is Business Income and not House Property Income: Bombay HC
• New Twist on Assessment on non-existent entity – Its not null and void:  Hyderabad ITAT
• Rental Income from let out of 80 properties – Whether Business Income or Income from house property – Issue before Bombay HC
• Will renting of residential flat be charged only under house property post the amendment in Finance Act 2024?
• Firms opting for presumptive taxation– need for amendment in partnership deeds?
• Additional confirmation while filing GSTR-3B from October 24 onwards
• Mumbai ITAT Cancels Assessment Order Until Higher Income Tax Authority Approves It Under Section 151
• Effective from 1st October 2024, the following TDS rate changes apply:
• Rs 8,000 Crore GST Scam: Chartered Accountant Arrested for Massive Fraud