Income TaxUse of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of car maintained3 years agoUse of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of…
Income TaxCo-operative bank continues to be a co-operative society & Interest income on investment with a co- operative bank is eligible for deduction under section 80P(2)(d)3 years agoCo-operative bank continues to be a co-operative society & Interest income on investment with a co- operative bank is eligible…
House properyDifferent flats sold by builders to different persons at different rates: Whether AO can apply a higher rate to all the flats?3 years agoDifferent flats sold by builders to different persons at different rates: Whether AO can apply a higher rate to all…
Business/Professionother topicSaving surcharge on income tax by way of having the Partnership Firm:3 years agoSaving surcharge on income tax by way of having the Partnership Firm: Partnership firm is one of the most…
Income TaxIncome Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT3 years agoIncome Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in…
Income TaxRelaxation for filing electronic Form 10F by non-resident taxpayers3 years agoRelaxation for filing electronic Form 10F by non-resident taxpayers CBDT has issued the Notification No. 3/2022 dated 12 December…
Capital GainLong term capital loss is available for set-off in the hands of the successor amalgamated company: ITAT3 years agoLong term capital loss is available for set-off in the hands of the successor amalgamated company: ITAT Capgemini Technology…
IT JudgementPurchase of Rural gricultural Land & taxation U/s 56(2)(x)3 years agoPurchase of Rural gricultural Land & taxation U/s 56(2)(x) Section 56(2)(x) provides for notional taxation if any property or assets…
Income TaxTaxation of the Builder vis a vis Guidance Note issued by ICAI: Whether cost of construction and also saleable project area needed to be taken into account while recognizing revenue under PCM3 years agoTaxation of the Builder vis a vis Guidance Note issued by ICAI: Whether cost of construction and also saleable project…
Income TaxTax & Surcharge Rates as Applicable to Individual,HUF, AOP, Firms & Companies3 years agoTax & Surcharge Rates as Applicable to Individual,HUF, AOP, Firms & Companies TAX RATES In this part you can…
Income TaxRevised Instruction for withholding of Refund u/s 241A in Scrutiny cases – prescribing time lines for submission of response to CPC3 years agoRevised Instruction for withholding of Refund u/s 241A in Scrutiny cases – prescribing time lines for submission of response to…
Income TaxKnwo about “Form ITR-A”3 years agoKnwo about “Form ITR-A” ITR-A is a form provided to furnish a modified return by a successor company to…
Income TaxTaxation of the Partnership Firm: Planning & Precaution3 years agoTaxation of the Partnership Firm: Planning & Precaution Partnership firm is one of the most common and easy modes…
Income TaxEXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 20223 years agoEXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2022 CIRCULAR NO. 23/2022, DATED: 03-11-2022 …
Income TaxIncome tax raid on the person in the business of gold & diamond jewellery: Rs. 100 Cr detected3 years agoIncome tax raid on the person in the business of gold & diamond jewellery: Rs. 100 Cr detected Search and…
Income TaxPayment of PF/ESIC after the due date under the respective Labour Law: ITAT Delhi upheld the power of CPC in making the disallowance U/s 36(1)(va)3 years agoPayment of PF/ESIC after the due date under the respective Labour Law: ITAT Delhi upheld the power of CPC in…
Income TaxCash payment & Section 40A(3): No disallowance if the payment is made by any person to his agent— who is required to make payment in cash for goods or services on behalf of such person3 years agoCash payment & Section 40A(3): No disallowance if the payment is made by any person to his agent— who is…
Income TaxITAT mumbai quashesld the tax demand of Rs 5,872 Cr on a demerger transaction of Grasim3 years agoITAT mumbai quashesld the tax demand of Rs 5,872 Cr on a demerger transaction of Grasim Here is an…