Income Tax₹1,300 Crore Property Disclosure Scam Unearthed at Nagpur’s Hingna Registry Office:Today at 4:17 am0₹1,300 Crore Property Disclosure Scam Unearthed at Nagpur’s Hingna Registry Office: Large scale non reporting of SFT: 1. In…
Income TaxWhen 26AS Says One Thing and AIS Says Another – Who Do You Trust!Today at 2:45 am0When 26AS Says One Thing and AIS Says Another – Who Do You Trust! [Query 1] ITR filing due…
ArticleDecoding L1–L4 Non-Company Entity Classifications: A Practical Guide for Chartered accountants9 Aug at 8:47 am0Decoding L1–L4 Non-Company Entity Classifications: A Practical Guide for Chartered accountants The Institute of Chartered Accountants of India (ICAI)…
Income TaxChanges in Online Filing of Form No. 35 (Appeal before CIT(A))9 Aug at 8:03 am0Changes in Online Filing of Form No. 35 (Appeal before CIT(A)) If you’re filing appeals before the Commissioner of Income…
IT JudgementTRUST FOR THE BENEFIT OF PARTICULAR GROUP AND NOT GENERAL PUBLIC NOT ENTITLED FOR REGISTRATION9 Aug at 7:33 am0TRUST FOR THE BENEFIT OF PARTICULAR GROUP AND NOT GENERAL PUBLIC NOT ENTITLED FOR REGISTRATION Ahmedabad ITAT holds registration under…
Income TaxIT JudgementWhen Cash Talks, Taxman Listens: HC Upholds I-T Department’s Right to Retain Seized Money Under Section 132A9 Aug at 6:08 am0When Cash Talks, Taxman Listens: HC Upholds I-T Department’s Right to Retain Seized Money Under Section 132A In a…
Income TaxGovt Withdraws Income-tax Bill, 2025: A Pause Before the Big Tax Rewrite8 Aug at 7:09 am0Govt Withdraws Income-tax Bill, 2025: A Pause Before the Big Tax Rewrite In a surprising yet significant move, the…
Income TaxCBDT Detects ₹630 Crore Undisclosed Crypto Income: A Wake-Up Call for VDA Investors8 Aug at 2:43 am0CBDT Detects ₹630 Crore Undisclosed Crypto Income: A Wake-Up Call for VDA Investors In a significant development, the Central…
Income TaxRejection of Books Justified When No Item-wise Stock Records Maintained in Jewellery Business: ITAT8 Aug at 2:21 am0Rejection of Books Justified When No Item-wise Stock Records Maintained in Jewellery Business: ITAT In a detailed and well-reasoned…
Income TaxSpecial Audit Without Due Process? Entire Assessment Declared Void ab Initio: ITAT Delhi in Patanjali Case7 Aug at 10:14 am0Special Audit Without Due Process? Entire Assessment Declared Void ab Initio: ITAT Delhi in Patanjali Case In a significant…
Income TaxSale Proceeds Of One House Used For Purchasing Multiple Residential Houses Qualifies For Exemption U/S 54: Bombay HC7 Aug at 4:02 am0Sale Proceeds Of One House Used For Purchasing Multiple Residential Houses Qualifies For Exemption U/S 54: Bombay HC IN…
Income TaxDenial of exemption under Section 11 made by CPC under Section 143(1) – ITAT Mumbai grant relief to Trust6 Aug at 3:01 am0Denial of exemption under Section 11 made by CPC under Section 143(1) – ITAT Mumbai grant relief to Trust …
Income TaxGenuine Trading Activity Cannot Be Dubbed Bogus- ITAT Mumbai Clears allows alleged penny Stock Loss6 Aug at 2:18 am0Genuine Trading Activity Cannot Be Dubbed Bogus- ITAT Mumbai Clears allows alleged penny Stock Loss In the case of…
Income TaxNo notice u/s 143(2, Not-providing of reasons to believe to Assessee, ITAT quashed Reassessment proceeding5 Aug at 6:41 am0No notice u/s 143(2, Not-providing of reasons to believe to Assessee, ITAT quashed Reassessment proceeding The Hon’ble ITAT quashed…
GSTIncome TaxTDSIndia is rolling out PAN 2.0: A unified, biometric-backed Tax Identity System5 Aug at 2:39 am0India is rolling out PAN 2.0: A unified, biometric-backed Tax Identity System What’s new? The income tax department has selected…
GSTIncome TaxTDSCompliance Calendar for Aug’20254 Aug at 3:40 am0Compliance Calendar for Aug’2025 INCOME TAX ▪ 07th Aug 2025- Due date for deposit of Tax deducted and collected for…
Income TaxInherited Jewellery & Ancestral Property: Report It Right, Not Bright!4 Aug at 2:25 am0Inherited Jewellery & Ancestral Property: Report It Right, Not Bright! [Query 1] My taxable income exceeded 1 crore this…
Income TaxSection 54 Exemption Allowed Despite Property Purchase from Spouse: ITAT Mumbai2 Aug at 6:04 am0Section 54 Exemption Allowed Despite Property Purchase from Spouse: ITAT Mumbai Kavita Manoj Damani vs. ITO [ITA No. 2648/MUM/2024]…