A mere cross charge of software for use in India, without transfer of copyright is not taxable in India: ITAT Delhi

LLP Amnesty Scheme for Form No. 3, 4 & 11

CBDT Circular on taxation of online Games Income

Allahabad High Court condones delay in depositing tax under Direct Tax Vivad Se Vishwas Act

Guidelines issued by CBDT for taxing the income from life insurance policies with annual premium exceeding Rs 5 lakh

TDS not required to be deducted on commission paid to overseas agents: Delhi HC

CBDT notifies Rule for determination of value of perquisite in respect of residential accommodation provided by employer

New feature of “Challan Correction” introduced in Income Tax Portal

“Corporate Compliance Calendar for the m/o August, 2023”

CBDT notifies rules to calculate life insurance income where premium exceeds Rs.5 lakh

Interest income, earned by clubs on FDs in banks which are corporate members, is taxable: SC

CBDT Circular Condonation of delay in nIing refund claim and claim of carry forward of losses under Section 119(2I1b) of the Income-tax Act, 1961.

Suggestion invited by CBDT on Draft Form No. 6C formulated for inventory valuation by Cost Accountant.

No addition on account of sale of penny stock, if no direct involvement of the assessee: Bombay HC

Sec 142(1) and Sec 148 cannot operate concurrently: ITAT Dehradun

Recording of transaction in the books is important in determining the taxation: ITAT

No Audit if the turnover is below Rs. 10 Cr: Confusion & Clarification

Inflated cash sales not commensurate with earlier year sales cannot be the basis of addition U/s 68