Making March Meaningful – Tax caution before 31st March Ends
Making March Meaningful – Tax caution before 31st March Ends March is the best time for the taxpayers to revisit…
Income Tax
No opportunity to cross-examine persons on whose statement department is relying, Addition deleted by Chandigarh ITAT
No opportunity to cross-examine persons on whose statement department is relying, Addition deleted by Chandigarh ITAT ITAT Chandigarh…
50 Cases wherein the fine is imposed on Income Tax Authorities or warning is given for not following due procedure during Assessment
50 Cases wherein the fine is imposed on Income Tax Authorities or warning is given for not following due procedure…
Tax evasion in Penny Stocks: C&AG Report in public domain suggesting that the hype could not generate the revenue it had hoped
Tax evasion in Penny Stocks: C&AG Report in public domain suggesting that the hype could not generate the revenue it…
Compensation received from developer pursuant to consumer court order is a capital receipt – Not liable for taxation
Compensation received from developer pursuant to consumer court order is a capital receipt – Not liable for taxation …
When the agricultural products are traded in unorganized sector in the country, expecting the assessee to produce bills for sale of agricultural produce is something which cannot be expected: ITAT
When the agricultural products are traded in unorganized sector in the country, expecting the assessee to produce bills for sale…
For AY 2006-07 there was no need to file ITR for claiming exemption U/S 54B: ITAT Bangalore
For AY 2006-07 there was no need to file ITR for claiming exemption U/S 54B: ITAT Bangalore Sri Thimmegowada Shekar…
High Pitched Income Tax demand of Rs 1140 crores on Oyo: Delhi HC directs CIT to grant a personal hearing
High Pitched Income Tax demand of Rs 1140 crores on Oyo: Delhi HC directs CIT to grant a personal hearing…
Adjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid
Adjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid…
COMPLIANCE CALENDAR MARCH – 2023
COMPLIANCE CALENDAR MARCH – 2023 Nature of Compliance DueDate Challan-cum-statement of TDS U/s 194IA/ 194IB/ 194M for…
Co. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT
Co. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT …
Where the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such third party would not be justified: ITAT
Where the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such…
Disallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur
Disallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,’A’…
Section 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty is not applicable.
Section 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty…
List of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards)
List of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards) WhatsApp Image 2023-02-27 at 23.18.39
Seconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT
Seconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT M/s. Google LLC (IT(IT)A No. 167 & 688/Bang/2021/22) Facts:…
If one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.
If one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.…
Rs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview
Rs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview “I propose…
