Income Tax Survey: Frequently Asked Questions

Presumptive scheme of Taxation – Need for Simplification & Reforms

“RBI COVID – 19 REGULATORY COMPLETE PACKAGE”

Property remained vacant & in the peculiar facts of the case no addition on account of notional rent is warranted : Mumbai ITAT

Limitation of Interest Deduction in Certain Cases [Section 94B]

Get Ready for New Compliance – Income Tax portal now showing GSTR-2A Data

5 Years Mandatory audit rule u/s 44AD is not applicable if the person has already offered income continuously for 6 years u/s 44AD:

Payment for removal of encumbrances is a deductible expenditure while calculating capital gain?

Whether Late Fee for delay in filing of TDS return u/s 234E can be condoned if there is a Reasonable Cause ?

Purchase of property below stamp duty valuation : Whether Section 56(2)(vii)(b) Addition by adopting Land Value of Adjacent Area is unjustified?

“AGM RESOLUTIONS DRAFTS – ORDINARY & SPECIAL RESOLUTIONS”

If no incriminating material was found during course of search to prove that assessee paid over and above what was stated in its books, there no justification to assume jurisdiction u/s 153C

Whether Short jewellery found during search be treated as sold and capital gain attracted ?

AMP expenditure incurred by assessee cannot come within purview of international transaction

Commission agent & Traders in APMC, Money Changer, and Cash Replenshipment Agencies not subject to TDS U/s 194N on cash Withdrawal : CBDT Clarified

CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data

Salaried Taxpayer & Choosing between Old Tax Regime vs. New Tax Regime

All about Income from house property?