Income TaxITAT Indore upheld the peak credit & telescoping theory5 Apr at 5:25 am0ITAT Indore upheld the peak credit & telescoping theory ITAT Indore Bench has recently delivered an important judgment with…
Income TaxNo addition could be made under section 68 if Assessee has declared income under section 44AD: Mumbai ITAT4 Apr at 5:20 am0No addition could be made under section 68 if Assessee has declared income under section 44AD: Mumbai ITAT Here is an…
Income TaxCompliance Calendar for April’20243 Apr at 12:30 pm0Compliance Calendar for April’2024 INCOME TAX ▪️07th April 2024- Due date for payment of TCS for the month of Mar’24.…
Income TaxSec. 234A interest can be waived off if tax was deposited immediately after receiving notice from AO: HC3 Apr at 5:59 am0Sec. 234A interest can be waived off if tax was deposited immediately after receiving notice from AO: HC Baso…
Income TaxThe Difference between the fair market value of the equity shares on the date of vesting of option and the date of exercise of option is an allowable expenditure : ITAT Mumbai3 Apr at 5:39 am0The Difference between the fair market value of the equity shares on the date of vesting of option and the…
Income TaxPower of CIT (Exemption) for Condonation of delay up to 365 days in filing of Form No. Form No. 9A & Form No. 102 Apr at 11:27 am0Power of CIT (Exemption) for Condonation of delay up to 365 days in filing of Form No. Form No. 9A…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for April 20242 Apr at 8:04 am0Statutory and Tax Compliance Calendar for April 2024 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
Income TaxTaxability of online games:2 Apr at 5:34 am0Taxability of online games: Introduction: Taxability of online winnings before the introduction of section 115BBJ of the Income Tax…
Income TaxOverview of the New Tax Rules for filing ITR for the FY 2023-241 Apr at 7:04 am0Overview of the New Tax Rules for filing ITR for the FY 2023-24 Income tax return (ITR) forms for…
Income TaxSum Received on Maturity of Keyman Insurance Policy Purchased by Employee From Employer is Exempt u/s 10(10D): ITAT1 Apr at 6:01 am0Sum Received on Maturity of Keyman Insurance Policy Purchased by Employee From Employer is Exempt u/s 10(10D): ITAT Mihir…
Income TaxNo penalty for not filing Part B of the E-way bill because of technical issues.30 Mar at 11:37 am0No penalty for not filing Part B of the E-way bill because of technical issues. The Hon’ble Allahabad High…
Income TaxTax dept detects HRA fraud with illegal usage of PANs30 Mar at 5:46 am0Tax dept detects HRA fraud with illegal usage of PANs The copy of the order is as under:…
Income TaxPhotocopy of any documents don’t have any evidentiary value & cannot be relied if it is not backed by other corroborative evidence: Delhi High Court29 Mar at 10:08 am0Photocopy of any documents don’t have any evidentiary value & cannot be relied if it is not backed by other…
Income TaxITAT Delhi deleted addition u/s 69A towards unexplained cash deposits in the bank account as AO could not bring any adverse material to treat as unexplained29 Mar at 6:03 am0ITAT Delhi deleted addition u/s 69A towards unexplained cash deposits in the bank account as AO could not bring any adverse…
Income TaxElectoral Bond Issue & Impact of Supreme Court Judgement on Political Contributions : Short Overview28 Mar at 5:34 am0Electoral Bond Issue & Impact of Supreme Court Judgement on Political Contributions : Short Overview 1. The Supreme Court…
Income TaxDraft assessment order not provided before final Order: Calcutta HC set aside assessment27 Mar at 5:22 am0Draft assessment order not provided before final Order: Calcutta HC set aside assessment to the assessee for filing objections…
Income TaxNotice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality: Allahabad HC26 Mar at 6:37 am0Notice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality:…
Income TaxTaxation of unexplained income or investment26 Mar at 6:19 am0Taxation of unexplained income or investment 1.Sec .68 of Income Tax Act– Cash Credits Where any sum is found…