IT JudgementCBDT amends rules to incorporate new tax regime and notifies new Form 10IEA:3 years agoCBDT amends rules to incorporate new tax regime and notifies new Form 10IEA: CBDT has issued notification 43/2023 dated…
Income TaxAll about Section 115BAC & Form No. 10BEA as per CBDT notification No. 43 Dt. 21.6.23.3 years agoAll about Section 115BAC & Form No. 10BEA as per CBDT notification No. 43 Dt. 21.6.23. Here are the…
Income Taxother topicED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd3 years agoED attached the properties and bank balance of a CA & Statutory auditor of Shakti Bhog Foods Ltd ED…
Income TaxRule 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 prescribed3 years agoRule 21AGA inserted in the Income Tax Rules to provide for exercising of option under section 115BAC (1A)(6) of the…
Income TaxNotice U/S 143(2) is a precondition for income tax assessments in limited scrutiny cases: Madras HC3 years agoNotice U/S 143(2) is a precondition for income tax assessments in limited scrutiny cases: Madras HC Angusamy Gounder Subbu…
Capital GainInterest subsidy received under technology upgradation fund is a capital receipt: ITAT Mumbai3 years agoInterest subsidy received under technology upgradation fund is a capital receipt: ITAT Mumbai M/s Grasim Industries Ltd; AY.2009-10 ITA…
Income TaxAbsence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT3 years agoAbsence of Formal Loan Agreement or Repayment Schedule Does Not Justify Treating Unsecured Loan as Unexplained Cash Credit u/s 68…
Capital GainCapital Gain Tax on Sale of Inherited property3 years agoCapital Gain Tax on Sale of Inherited property Query 1] If I sell my inherited house property, will I be…
IT JudgementBusiness profits of a foreign company cannot be taxed unless there exists a PE.3 years agoBusiness profits of a foreign company cannot be taxed unless there exists a PE. Baker Hughes Energy Technologies UK Ltd.…
Income TaxTransfer of lease hold rights – Whether section 50C of IT Act is applicable?3 years agoTransfer of lease hold rights – Whether section 50C of IT Act is applicable? Section 50C is applicable whenever…
Income Taxother topic“Corporate Compliance Calendar for the m/o June, 2023”.3 years ago“Corporate Compliance Calendar for the m/o June, 2023”. About Article: This article contains various Compliance requirements for the Month of June, 2023under various…
Income TaxPost of joint commissioner (Appeal) & Additional commissioner (Appeal) created in Income Tax Department3 years agoPost of joint commissioner (Appeal) & Additional commissioner (Appeal) created in Income Tax Department The copy of the order…
Income TaxGeneration and quoting of Document Reference Number on search and inspection documents/ communication issued by the officers of the Karnataka GST Dept3 years agoGeneration and quoting of Document Reference Number on search and inspection documents/ communication issued by the officers of the Karnataka…
Income TaxMCA notification – Form CSR 2 shall be filed separately for FY 22-23 after filling AOC 4 XBRL3 years agoMCA notification – Form CSR 2 shall be filed separately for FY 22-23 after filling AOC 4 XBRL 1685765719842
Income TaxMaking of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars of income3 years agoMaking of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars…
GSTIncome TaxAttachment of the bank account of the person owing debt of the taxable person in question cannot be subject to a provisional attachment order U/s 83 of the CGST Act : Delhi HC3 years agoAttachment of the bank account of the person owing debt of the taxable person in question cannot be subject to…
Income TaxAO Can’t Sit on the armchair of Assessee to replace his business strategy by his own whims and fancies: ITAT3 years agoAO Can’t Sit on the armchair of Assessee to replace his business strategy by his own whims and fancies: ITAT…
Capital GainIncome TaxCapital Gain exemption not claimed in the original ITR: Can it be claimed in the ITR filed in response to Notice U/s 148?3 years agoCapital Gain exemption not claimed in the original ITR: Can it be claimed in the ITR filed in response to…