Salary income could be deemed to accrue or arise in India only if services is rendered in India.: ITAT Chennai

Charitable Trust: Know your Donor to avoid taxation as Anonymous Donation

Appeal Filing fees for filing an appeal with CIT (Appeal)

Section 68: Once the Assessee submits evidence in support of the credit and makes out a prima facie case, then the ‘onus of proof’ shifts to the AO

ITAT has laid down principles for applicability of section 68 of Income Tax Act in cases like Share Premium received etc

Prohibition of Benami Property Transactions Act: What you need to know

What if the Permanent Registration of the Trust is Rejected

Investment by HUF in the name of the Member or Karta & Capital Gain Taxation vis a vis Exemption

Compliance Calendar for Oct-22

Advisory on reopening of Tran Form to claim transitional ITC

Intimation to be given for Verification of Business Premises: Delhi HC

Interest subsidy is not to be included for calculating MAT: Kolkata ITAT

Section 148 requires the person to file the return of income in response to the notice. The question arises in the case of assessees whose income is otherwise exempt U/s 10 or U/s 11.

Advance payment done without TDS – Whether any disallowance U/s 40(a)(ia) can be done?

Whether ITAT can waive off the mandatory condition of pre-deposit of tax of 20%?

10 Tax benefits of having an HUF

Whether the ITAT needs to check the facts of the case rather than quashing the appeal order on a legal issue?

When a receipt is not in the character of income, it cannot form part of the book profit under section 115JB of the Act, 1961.