Co-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT
Co-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT Shivani Madan…
Income Tax
Charitable Trust & Budget-2023 proposal to amend the time limit to file Form 9A and 10:
Charitable Trust & Budget-2023 proposal to amend the time limit to file Form 9A and 10: It is proposed…
An overview of the Karnataka Budget for FY 2023-24
An overview of the Karnataka Budget for FY 2023-24 Tax Proposals Simplification of Profession Tax Act. Increase in exemption limit…
Rare Conviction for failure to file audit, MD Jailed
Rare Conviction for failure to file audit, MD Jailed WhatsApp Image 2023-02-19 at 13.37.44
ITAT proceedings cannot continue during the moratorium by NCLT:
ITAT proceedings cannot continue during the moratorium by NCLT: Infrastructure Ltd. Vs. ACIT (ITA Nos. 1063/Del/2018 & 2861/Del/2018 ABW)…
Absence Of Material: Bombay High Court Quashes Reassessment Proceedings
Absence Of Material: Bombay High Court Quashes Reassessment Proceedings Konark Life Spaces (WP No. 2840 of 2022) Facts:…
Ensuring Timely payment to Micro & Small Enterprises through Income Tax Law: Pros & Cons
Ensuring Timely payment to Micro & Small Enterprises through Income Tax Law: Pros & Cons MSME are growth engines…
Whether a husband and wife can form an HUF without any issue?
Whether a husband and wife can form an HUF without any issue? Opinion: Let us discuss it in…
New ITR forms for the AY 2023-24 and Key Changes therein
New ITR forms for the AY 2023-24 and Key Changes therein Though the uniform income tax return form is…
Taxation & TDS provision on Sale of Agricultural land:
Taxation & TDS provision on Sale of Agricultural land: Normally, all income & gain arising on sale of property…
An overview of the Direct Tax Proposals in the Finance Bill – 2023
An overview of the Direct Tax Proposals in the Finance Bill – 2023 Union Budget-2023 was certainly neither…
Union Budget-2023: Whether the old Tax Regime is still better?
Union Budget-2023: Whether the old Tax Regime is still better? Though there are numerous benefits & motivation for the…
Merely because some shares were rigged, it does not imply that the capital gains claim of assessee is bogus: ITAT
Merely because some shares were rigged, it does not imply that the capital gains claim of assessee is bogus: ITAT…
Even if documents are seized, non filing of Income Tax Returns can attract prosecution: Sessions Court
Even if documents are seized, non filing of Income Tax Returns can attract prosecution: Sessions Court Facts: Section 276CC…
CBDT notifies ITR Forms for Assessment Year 2023-24
CBDT notifies ITR Forms for Assessment Year 2023-24 The Central Board of Direct Taxes (“CBDT”) vide Notification No. 04/2023…
BOOSTING BHARAT’S MANUFACTURING SECTOR
BOOSTING BHARAT’S MANUFACTURING SECTOR ‘Atmanirbhar Bharat’ movement has been a key initiative for the Indian Government. A great…
Union Budget-2023: New Tax Regime vs. Old Tax Regime – Which one is better?
Union Budget-2023: New Tax Regime vs. Old Tax Regime – Which one is better? Though the concept of…
LTCG can’t be termed as genuine if shares purchased in cash were kept in broker’s pool a/c till actual sale: ITAT
LTCG can’t be termed as genuine if shares purchased in cash were kept in broker’s pool a/c till actual sale:…
