Income Tax

Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC

3 years ago

Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC …

Income Tax

McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism

3 years ago

McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism International taxation is…

IT Judgement

ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation

3 years ago

ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation Sec 50C…

Income Tax

Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT

3 years ago

Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT…

IT Judgement

Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority in prescribed form as required under section 194C(7)

3 years ago

Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority…

IT Judgement

Whether Software Company is eligible for Additional Depreciation available to manufacturing company?

3 years ago

Whether Software Company is eligible for Additional Depreciation available to manufacturing company? Section 32 provides for additional depreciation to the…

Income Tax

Clarification regarding Form No 10AC issued till the date of this

3 years ago

Clarification regarding Form No 10AC issued till the date of this F. No.370142/4/2021-TPL Government of India Ministry of Finance…

Income Tax

The Cost Inflation Index (CII) for 22-23 has been notified as “331”

3 years ago

The Cost Inflation Index (CII) for 22-23 has been notified as “331” The Cost Inflation Index (CII) for 22-23…

IT Judgement

AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC

3 years ago

AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC…

Income Tax

Demonetized notes collected by the assessee from its members would not be hit by the provisions of section 68

3 years ago

Demonetized notes collected by the assessee from its members would not be hit by the provisions of section 68 …

Income Tax

Registration u/s 80G(5)(vi) of the Income-tax Act can be granted to a trust having religious objects.

3 years ago

Registration u/s 80G(5)(vi) of the Income-tax Act can be granted to a trust having religious objects. Hon’ble Pune ITAT…

Income Tax

CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022

3 years ago

CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022 Circular No. 11 of…

Income Tax

TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor

3 years ago

TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor To M/s. ABC Enterprises…

IT Judgement

If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on that account, the additions in respect of other items cannot be made.

3 years ago

If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on…

Income Tax

Applicability of Clubbing Provision on amount received without Will

3 years ago

Applicability of Clubbing Provision on amount received without Will Query 1] If I have capital gains (both, Short Term…

Income Tax

Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income Tax Act restraining operation in the bank account and locker by the Income-tax department.

3 years ago

Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income…

IT Judgement

Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC

3 years ago

Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC Seema Jagdish Patil, Versus The…

Income Tax

TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives

3 years ago

TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives FA 2022 has introduced a…

Income Tax

Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC

McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism

ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation

Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT

Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority in prescribed form as required under section 194C(7)

Whether Software Company is eligible for Additional Depreciation available to manufacturing company?

Clarification regarding Form No 10AC issued till the date of this

The Cost Inflation Index (CII) for 22-23 has been notified as “331”

AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC

Demonetized notes collected by the assessee from its members would not be hit by the provisions of section 68

Registration u/s 80G(5)(vi) of the Income-tax Act can be granted to a trust having religious objects.

CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022

TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor

If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on that account, the additions in respect of other items cannot be made.

Applicability of Clubbing Provision on amount received without Will

Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income Tax Act restraining operation in the bank account and locker by the Income-tax department.

Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC

TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives

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