Long term capital loss is available for set-off in the hands of the successor amalgamated company: ITAT

Purchase of Rural gricultural Land & taxation U/s 56(2)(x)

Taxation of the Builder vis a vis Guidance Note issued by ICAI: Whether cost of construction and also saleable project area needed to be taken into account while recognizing revenue under PCM

Whether TDS is required to be done on the actual transaction value or on the stamp duty valuation is one of the most common question often asked by the taxpayers?

Tax & Surcharge Rates as Applicable to Individual,HUF, AOP, Firms & Companies

Pre-Budget Memorandum by ICAI

Revised Instruction for withholding of Refund u/s 241A in Scrutiny cases – prescribing time lines for submission of response to CPC

Knwo about “Form ITR-A”

Taxation of the Partnership Firm: Planning & Precaution

EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2022

Income tax raid on the person in the business of gold & diamond jewellery: Rs. 100 Cr detected

Payment of PF/ESIC after the due date under the respective Labour Law: ITAT Delhi upheld the power of CPC in making the disallowance U/s 36(1)(va)

Cash payment & Section 40A(3): No disallowance if the payment is made by any person to his agent— who is required to make payment in cash for goods or services on behalf of such person

ITAT mumbai quashesld the tax demand of Rs 5,872 Cr on a demerger transaction of Grasim

Addition under section 69A of the Income Tax Act cannot be made on doubt and suspicion.

Wrong claim in the ITR u/s. 10(23C)(vi) instead of claim U/s 10(23C)(iiiab): Claim is rectifiable U/s 154

Section 274 provides for the procedure to be followed while imposing the penalty – Non-compliance make the notice defective

Utilization of capital gains within time specified would entitle assessee to claim of deduction under section 54 even if sale deed is not executed