All about Foreign Tax Credit

All about Foreign Tax Credit Introduction:   Corporate India today serves global needs and brings in overseas income which is chargeable to Indian tax net as a resident of India. Flip side of this paves way for claim for taxes paid at ...
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Landmark Judgement : No reasons were not communicated to assessee, HC rightly quashed reassessment proceedings

Landmark Judgement : No reasons were not communicated to assessee, HC rightly quashed reassessment proceedings Janak Shantilal Mehta [2021] 124 taxmann.com 516 (Madras) Short Overview:  Section 148 of the Income-tax Act, 1961  Income escaping assessment Notice for (Recording of reasons)  Assessment year 2006-07  Assessing Officer reopened assessment on ground that ...
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List of 8 digits HSN Codes for GST

List of 8 digits HSN Codes for GST         Income Tax Act on Your Mobile Now Android Application For Income Tax Act – 1961 with Cost Inflation Index and other tools on ...
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Tax officers raise huge demands after assessment of Rs. 10,000 crores ! If this is reduced to Rs. 1,000 crores by the Appellate Tribunal or the Supreme Court, it must go into the assessment of the tax officer! There is no accountability at all”.

Tax officers raise huge demands after assessment of Rs. 10,000 crores ! If this is reduced to Rs. 1,000 crores by the Appellate Tribunal or the Supreme Court, it must go into the assessment of the tax officer! There ...
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