Compliance Calendar for Nov- 23
Compliance Calendar for Nov- 23 INCOME TAX ▪️07th Nov 2023- Due date for payment of TDS/TCS for the month…
Income Tax
System default is the standard excuse while delaying refunds: Bombay HC
System default is the standard excuse while delaying refunds: Bombay HC Matrix Publicities and Media India Pvt. Ltd. Versus…
Investment in the name of Wife and Daughter not eligble for capital gain exemption: ITAT Mumbai
Investment in the name of Wife and Daughter not eligble for capital gain exemption: ITAT Mumbai For capital gain exemption,…
Record number of over 7.85 crore ITR filed till 31st October, 2023
Record number of over 7.85 crore ITR filed till 31st October, 2023 The copy of the order is…
MCA notifies mandatory dematerialisation for securities of private companies
MCA notifies mandatory dematerialisation for securities of private companies Sub-section (1A) was inserted under Section 29 of the…
An overview of the requirements of maintenance of Books of Accounts and Records by Charitable Trust and Institutions
An overview of the requirements of maintenance of Books of Accounts and Records by Charitable Trust and Institutions Every…
Delhi ITAT restricted disallowance to the extent of the exempt income earned.
Delhi ITAT restricted disallowance to the extent of the exempt income earned. There are various issues which were involved…
Investment in the name of Family Members & Capital Gain Exemption
Investment in the name of Family Members & Capital Gain Exemption One of the most common tools for saving tax…
Assesment order is Invalid if the DIN is not generated.
Assesment order is Invalid if the DIN is not generated. Recent Bombay High Court judgement, which has held Assesment…
Capital Gain Computation for NRI purchased assets with foreign currency
Capital Gain Computation for NRI purchased assets with foreign currency Calculation of capital gain for NRI who has purchased…
Change of opinion as a result of audit objection is permissible for opening of the case for reassessment?
Change of opinion as a result of audit objection is permissible for opening of the case for reassessment? When the…
Foreign Tax Credit: Rate of exchange for conversion into rupees of income expressed in foreign currency
Foreign Tax Credit: Rate of exchange for conversion into rupees of income expressed in foreign currency Getting Foreign Tax Credit…
Representation for relaxation of certain requirements in new Forms 10B and Form 10BB and for further extension of due date for filing these Forms by CTC
Representation for relaxation of certain requirements in new Forms 10B and Form 10BB and for further extension of due date…
Condonation in filing of Form 10-IC
Condonation in filing of Form 10-IC Representations had been received by CBDT stating that Form No. 10-IC could…
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC for Assessment Year 2021-22
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC for Assessment Year…
Entire cash receipt considered as turnover during assessment proceeding: Whether can be rectified under section 154?
Entire cash receipt considered as turnover during assessment proceeding: Whether can be rectified under section 154? he scope of section…
Capital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court
Capital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court The Supreme court has laid down a…
Burden is on the revenue to prove that liability ceases to exist for making addition under section 41
Burden is on the revenue to prove that liability ceases to exist for making addition under section 41 There are…
