Assessment order cannot be passed only against one legal heir: Delhi HC
Assessment order cannot be passed only against one legal heir: Delhi HC Facts: 1. The petitioners are the legal heirs…
Income Tax
Cost of management services paid to group companies cannot be considered as nil, if documentation is robust: ITAT
Cost of management services paid to group companies cannot be considered as nil, if documentation is robust: ITAT Lintas…
Draft Declaration that can be obtained by CA & Tax Consultants from Assessee before filing of ITR – Need of the Hour
Draft Declaration that can be obtained by CA & Tax Consultants from Assessee before filing of ITR – Need of…
Taxation of Flat and payment receivable on Joint Development Agreement with the Builder
Taxation of Flat and payment receivable on Joint Development Agreement with the Builder Query 1] I have entered in to…
Deemed Dividend Cannot Be Taxed In The Hands Of Non-Shareholders- ITAT
Deemed Dividend Cannot Be Taxed In The Hands Of Non-Shareholders- ITAT 1640335034093 (1)
Order U/S 148A(d) is not a final assessment order, writ against the order is dismissed: Calcutta HC
Order U/S 148A(d) is not a final assessment order, writ against the order is dismissed: Calcutta HC Dinesh Kumar…
CBDT amends rules to incorporate new tax regime and notifies new Form 10IEA:
CBDT amends rules to incorporate new tax regime and notifies new Form 10IEA: CBDT has issued notification 43/2023 dated…
All about Section 115BAC & Form No. 10BEA as per CBDT notification No. 43 Dt. 21.6.23.
All about Section 115BAC & Form No. 10BEA as per CBDT notification No. 43 Dt. 21.6.23. Here are the…
ED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd
ED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd ED…
Rule 21AGA inserted in the Income Tax Rules to provide for exercising of option under section 115BAC (1A)(6) of the Income Tax Act-1961, Form No. 10IEA prescribed
Rule 21AGA inserted in the Income Tax Rules to provide for exercising of option under section 115BAC (1A)(6) of the…
Notice U/S 143(2) is a precondition for income tax assessments in limited scrutiny cases: Madras HC
Notice U/S 143(2) is a precondition for income tax assessments in limited scrutiny cases: Madras HC Angusamy Gounder Subbu…
Interest subsidy received under technology upgradation fund is a capital receipt: ITAT Mumbai
Interest subsidy received under technology upgradation fund is a capital receipt: ITAT Mumbai M/s Grasim Industries Ltd; AY.2009-10 ITA…
Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT
Absence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68…
Capital Gain Tax on Sale of Inherited property
Capital Gain Tax on Sale of Inherited property Query 1] If I sell my inherited house property, will I be…
Business profits of a foreign company cannot be taxed unless there exists a PE.
Business profits of a foreign company cannot be taxed unless there exists a PE. Baker Hughes Energy Technologies UK Ltd.…
Transfer of lease hold rights – Whether section 50C of IT Act is applicable?
Transfer of lease hold rights – Whether section 50C of IT Act is applicable? Section 50C is applicable whenever…
“Corporate Compliance Calendar for the m/o June, 2023”.
“Corporate Compliance Calendar for the m/o June, 2023”. About Article: This article contains various Compliance requirements for the Month of June, 2023under various…
Post of joint commissioner (Appeal) & Additional commissioner (Appeal) created in Income Tax Department
Post of joint commissioner (Appeal) & Additional commissioner (Appeal) created in Income Tax Department The copy of the order…
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