House properyIT JudgementExpenses incurred to make the newly purchased house habitable can be claimed as a deduction U/S 54: ITAT Mumbai4 years agoExpenses incurred to make the newly purchased house habitable can be claimed as a deduction U/S 54: ITAT Mumbai Renu…
Income TaxIncome taxUnion Budget 2023: Roll of cost Auditor widened by to prevent permanent deferral of taxes through undervaluation of inventory4 years agoUnion Budget 2023: Roll of cost Auditor widened by to prevent permanent deferral of taxes through undervaluation of inventory …
Income taxTDSUnion Budget 2023: TDS and taxability on net winnings from online games4 years agoUnion Budget 2023: TDS and taxability on net winnings from online games Section 194B of the Act provides…
Income TaxIncome taxUnion Budget 2023: Preventing misuse of presumptive schemes under section 44BB and section 44BBB4 years agoUnion Budget 2023: Preventing misuse of presumptive schemes under section 44BB and section 44BBB Section 44BB of the…
Income taxTDSUnion Budget 2023: Removal of exemption from TDS on payment of interest on listed debentures to a resident4 years agoUnion Budget 2023: Removal of exemption from TDS on payment of interest on listed debentures to a resident …
Income taxUnion Budget 2023: Tax avoidance through distribution by business trusts to its unit holders4 years agoUnion Budget 2023: Tax avoidance through distribution by business trusts to its unit holders Finance (No.2) Act, 2014…
Income TaxIncome taxUnion Budget 2023: Removal of exemption of news agency under clause (22B) of section 104 years agoUnion Budget 2023: Removal of exemption of news agency under clause (22B) of section 10 Clause (22B) of…
Income taxIncome TaxUnion Budget 2023: Extending deeming provision under section 9 to gift to not-ordinarily resident4 years agoUnion Budget 2023: Extending deeming provision under section 9 to gift to not-ordinarily resident Under the Act, income…
Income TaxFeatures of CBDT Instruction dated 23.04.2022 for Local Committees to deal with Taxpayers’ Grievances.4 years agoFeatures of CBDT Instruction dated 23.04.2022 for Local Committees to deal with Taxpayers’ Grievances. These are the salient features…
Income taxUnion Budget 2023: Extending the scope for deduction of tax at source to lower or nil rate4 years agoUnion Budget 2023: Extending the scope for deduction of tax at source to lower or nil rate Section 197 of…
Income TaxIncome taxUnion Budget 2023: Increasing threshold limits for presumptive taxation schemes4 years agoUnion Budget 2023: Increasing threshold limits for presumptive taxation schemes The existing provisions of Section 44AD of the Act,…
Income taxother topicUnion Budget 2023 Ease in claiming deduction on amortization of preliminary expenditure4 years agoUnion Budget 2023 Ease in claiming deduction on amortization of preliminary expenditure Section 35D of the Act provides for…
Income TaxIncome taxUnion Budget 2023: 15% concessional tax to promote new manufacturing co-operative society4 years agoUnion Budget 2023: 15% concessional tax to promote new manufacturing co-operative society The Taxation Laws (Amendment) Act, 2019, inter-alia,…
Income taxother topicUnion Budget 2023: Conversion of Gold to Electronic Gold Receipt and vice versa4 years agoUnion Budget 2023: Conversion of Gold to Electronic Gold Receipt and vice versa Pursuant to the announcement in…
Income TaxIncome taxBudget proposal on taxation of cash perquisites- implication on loan waiver:4 years agoBudget proposal on taxation of cash perquisites- implication on loan waiver: As per section 28(iv) of the Income…
Income taxIncome TaxOther Source Of IncomeUnion Budget 2023: Extension of date of incorporation for eligible start-up for exemption4 years agoUnion Budget 2023: Extension of date of incorporation for eligible start-up for exemption The existing provisions of the…
Income TaxIncome taxUnion Budget 2023: Relief to start-ups in carrying forward and setting off of losses4 years agoUnion Budget 2023: Relief to start-ups in carrying forward and setting off of losses Section 79 of the Act…
Income taxother topicUnion Budget 2023: Penalty for cash loan/ transactions against primary co-operatives4 years agoUnion Budget 2023: Penalty for cash loan/ transactions against primary co-operatives Section 269SS of the Act provides that…