Income TaxNEW TAX REGIME ALLOWED DESPITE INADVERTENT SELECTION OF OLD REGIME4 months agoNEW TAX REGIME ALLOWED DESPITE INADVERTENT SELECTION OF OLD REGIME Here is one judgement wherein CIT(A) has allowed the…
Income TaxPartners can offer income for taxation under section 44AD or 44ADA? – A landmark order by ITAT Delhi4 months agoPartners can offer income for taxation under section 44AD or 44ADA? – A landmark order by ITAT Delhi In…
Income TaxInterest on the income-tax refund received was eligible for deduction under Section 80IA: ITAT4 months agoInterest on the income-tax refund received was eligible for deduction under Section 80IA: ITAT Recently, an ITAT has held that…
Income TaxCondonation granted for a period of 14 years in filing appeal for AY 2010-114 months agoCondonation granted for a period of 14 years in filing appeal for AY 2010-11 Delay Condonation Approach adopted in…
Income TaxGujrat HC finally takes a view on condonation of delay in GST appeals4 months agoGujrat HC finally takes a view on condonation of delay in GST appeals Under GST law, Section 107 prescribes…
Income TaxPresence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule4 months agoPresence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule A recurring controversy…
Income TaxPF INTEREST AFTER RESIGNATION: FACT VS. FICTION4 months agoPF Interest After Resignation: Fact vs. Fiction For many employees, leaving a job brings a wave of paperwork and…
Income TaxAddition Under Section 69C Cannot Rest on Borrowed Satisfaction: ITAT Mumbai Draws a Clear Line4 months agoAddition Under Section 69C Cannot Rest on Borrowed Satisfaction: ITAT Mumbai Draws a Clear Line The tendency of the…
Income TaxCPC’s Mechanical Adjustments Under Section 143(1): When Form 29B Is Not Even Applicable4 months agoCPC’s Mechanical Adjustments Under Section 143(1): When Form 29B Is Not Even Applicable In recent weeks, a worrying trend…
Income Tax1128 Days’ Delay in Filing Form 10B Condoned: A Big Relief for Charitable Trusts4 months ago1128 Days’ Delay in Filing Form 10B Condoned: A Big Relief for Charitable Trusts One of the most…
Income TaxITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide4 months agoITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide For most taxpayers, 31st December…
Income TaxAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return4 months agoAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return If…
Income TaxPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC4 months agoPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC ACIT (Central Circle-13) v. State…
Income TaxInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai4 months agoInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai Samsara Shipping Pvt. Ltd. v. ITO (ITA No.:…
Income TaxVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition4 months agoVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition Ameeta Paramanand…
Income TaxOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert4 months agoOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert The copy of the order…
Income TaxJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC!4 months agoJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC! Just when we thought the debate on Jurisdictional Assessing…
Income TaxKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax4 months agoKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax [Query 1] I…