Form 10BD required to be filed by Charitable Institutions: An Overview
Form 10BD Required to be filed by Charitable Institutions: An Overview 1). On 26th March, 2021 CBDT, through a…
Income Tax
Validation Rules for ITR 3
Validation Rules for ITR 3 CBDT_e-filing_ITR-3_Validation Rules - V2.0
Applicability of Section 56(2) on Renouncing Rights Shares in Favour of the Assessee by non-related person is Liable to Tax u/s 56(2)
Applicability of Section 56(2) on Renouncing Rights Shares in Favour of the Assessee by non-related person is Liable to Tax…
Mandatory deduction of 1/3rd of total consideration towards the value of land is arbitrary: Guj. HC
Mandatory deduction of 1/3rd of total consideration towards the value of land is arbitrary: Guj. HC Munjaal Manishbhai Bhatt…
reassessment notices issued under the unamended Section 148 of the Income Tax Act on or after April 1, 2021, will not be deemed to be invalid
Reassessment Notices issued under the unamended Section 148 of the Income Tax Act on or after April 1, 2021, will…
Applying Article 142 in the Income Tax Law for validating the reassessment proceeding: An overview
Applying Article 142 in the Income Tax Law for validating the reassessment proceeding: An overview There are only two…
Applicability of Tax Audit on remuneration from Partnership firm
Applicability of Tax Audit on remuneration from Partnership firm One of the common questions is with regard to the…
SC holds reassessment notices issued under old regime deemed to be issued under Sec.148A
SC holds reassessment notices issued under old regime deemed to be issued under Sec.148A The landmark and out of…
Validity of adjustment u/s 143(1)(a) on the basis of views expressed by the tax auditor in tax audit report
Validity of adjustment u/s 143(1)(a) on the basis of views expressed by the tax auditor in tax audit report …
Section 148 Controversy put to Rest – 90000 cases given new life by Hon’ble Supreme Court
Section 148 Controversy put to Rest – 90000 cases given new life by Hon’ble Supreme Court With 7 High…
Legal fees for criminal cases is an allowable expenses: ITAT Mumbai
Legal fees for criminal cases is an allowable expenses: ITAT Mumbai Penalty for violation of any law is not an…
Operative part of the Supreme Court justifying section 148 notice issued by the Income Tax Department for reassessment proceeding initiated after 01.04.2021
Operative part of the Supreme Court justifying section 148 notice issued by the Income Tax Department for reassessment proceeding initiated…
Additions cannot be made under the Income Tax Act, 1961 on the basis of documents that are declared as ‘dumb documents’
Additions cannot be made under the Income Tax Act, 1961 on the basis of documents that are declared as ‘dumb…
7 noteworthy points of the Supreme Court order justifying reassessment proceeding on the basis of notices issued after 31.03.2021 without complying with the provision of section 148A
7 noteworthy points of the Supreme Court order justifying reassessment proceeding on the basis of notices issued after 31.03.2021 without…
Common Offline Utilities for filing Statutory Income-tax Form No. 3CA-3CD & 3CB-3CD released
Common Offline Utilities for filing Statutory Income-tax Form No. 3CA-3CD & 3CB-3CD released Following issues faced by few Taxpayers…
Faceless assessment does not mean that no responsibility can be fixed for passing such an erroneous order: Delhi High Court
Faceless assessment does not mean that no responsibility can be fixed for passing such an erroneous order: Delhi High Court…
Supreme Court upholds the validity of notices issued under Old Sec 148 after 31st Mar 2021:
Supreme Court upholds the validity of notices issued under Old Sec 148 after 31st Mar 2021: Union of India &…
How to file Form NO. 10BD – Stepwise Guide
How to file Form NO. 10BD – Stepwised Guie The trusts & institutions who are registered u/ s 80G are…
