Department must not take advantage of ignorance of assessee to collect more tax than what is legitimately due: CBDT
Department must not take advantage of ignorance of assessee to collect more tax than what is legitimately due: CBDT …
Income Tax
Deputy Commision of Income Tax sentenced to Jail for a week by Allahabad HC
Deputy Commision of Income Tax sentenced to Jail for a week by Allahabad HC Here is an order by…
Section 80P(2)(d) deduction is permissible on Interest income of the Co-operative society from co- operative bank
Section 80P(2)(d) deduction is permissible on Interest income of the Co-operative society from co- operative bank The issue…
“In case he is not punished, it would send down a wrong signal to other officials of Income Tax Department ” – One week Imprisonment to DCIT by High Court
“In case he is not punished, it would send down a wrong signal to other officials of Income Tax Department…
SOP on filing of Appeals /SLPs by the Income Tax Department in the Supreme Court and other related matters
SOP on filing of Appeals /SLPs by the Income Tax Department in the Supreme Court and other related matters ITAT…
Use of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of car maintained
Use of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of…
Co-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)
Co-operative bank continues to be a co-operative society & Interest income on investment with a co- operative bank is eligible…
Different flats sold by builders to different persons at different rates: Whether AO can apply a higher rate to all the flats?
Different flats sold by builders to different persons at different rates: Whether AO can apply a higher rate to all…
Saving surcharge on income tax by way of having the Partnership Firm:
Saving surcharge on income tax by way of having the Partnership Firm: Partnership firm is one of the most…
Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT
Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in…
Relaxation for filing electronic Form 10F by non-resident taxpayers
Relaxation for filing electronic Form 10F by non-resident taxpayers CBDT has issued the Notification No. 3/2022 dated 12 December…
Long term capital loss is available for set-off in the hands of the successor amalgamated company: ITAT
Long term capital loss is available for set-off in the hands of the successor amalgamated company: ITAT Capgemini Technology…
Purchase of Rural gricultural Land & taxation U/s 56(2)(x)
Purchase of Rural gricultural Land & taxation U/s 56(2)(x) Section 56(2)(x) provides for notional taxation if any property or assets…
Taxation 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 PCM
Taxation of the Builder vis a vis Guidance Note issued by ICAI: Whether cost of construction and also saleable project…
Tax & Surcharge Rates as Applicable to Individual,HUF, AOP, Firms & Companies
Tax & Surcharge Rates as Applicable to Individual,HUF, AOP, Firms & Companies TAX RATES In this part you can…
Revised Instruction for withholding of Refund u/s 241A in Scrutiny cases – prescribing time lines for submission of response to CPC
Revised Instruction for withholding of Refund u/s 241A in Scrutiny cases – prescribing time lines for submission of response to…
Knwo about “Form ITR-A”
Knwo about “Form ITR-A” ITR-A is a form provided to furnish a modified return by a successor company to…
Taxation of the Partnership Firm: Planning & Precaution
Taxation of the Partnership Firm: Planning & Precaution Partnership firm is one of the most common and easy modes…
