Sum received by Son from mother to giving up rights in properties of deceased father can’t be taxed u/s 45: ITAT
Sum received by Son from mother to giving up rights in properties of deceased father can’t be taxed u/s 45:…
Income Tax
Section 148 controversy settled in favour of the Revenue
Section 148 controversy settled in favour of the Revenue The hearing on validity of notices issued u/s 148 after 01.04.2021…
High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects.
High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects. NONREPORTABLE IN THE…
Compliance Calendar for May-22
Compliance Calendar for May-22 INCOME TAX 07th May 2022- Due date for TDS/TCS payment for April’22. 15th May 2022-…
PURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION
PURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION Have you bought an immovable property and you are worried about…
Rule 12AC notified ITR – U for Updated return u/s 139(8A).
Rule 12AC notified ITR – U for Updated return u/s 139(8A). pdated return can be filed for A.Y. 20-21 onwards…
Consumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital gain: ITAT Mumbai
Consumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital…
Mrs. Sangeeta Singh to hold Additional Charge as Chairman, CBDT
Mrs. Sangeeta Singh to hold Additional Charge as Chairman, CBDT Mrs. Sangeeta Singh, Additional Charge, Chairman, CBDT
Bombay HC quashed the reopening which was made within 4 years on the same issue which was examined during 143(3) proceedings
Bombay HC quashed the reopening which was made within 4 years on the same issue which was examined during 143(3)…
An overview of the Updated returns in Form ITR- U
An overview of the Updated returns in Form ITR- U 1. The CBDT has issued Income-tax (Eleventh Amendment) Rules, 2022…
Filing Income Tax Returns for the AY 2022-23: Mistakes to be avoided
Filing Income Tax Returns for the AY 2022-23: Mistakes to be avoided “If you think that compliance is Expensive,…
Scholarship By Hamdard Foundation, Exemption Under Income Tax Act Can’t Be Denied: Delhi HC
Scholarship By Hamdard Foundation, Exemption Under Income Tax Act Can’t Be Denied: Delhi HC Hamdard National Foundation (India) (ITA 117/2021;…
Advisory on GSTR-1/IFF enhancements and improvements deployed on GST Portal
Advisory on GSTR-1/IFF enhancements and improvements deployed on GST Portal GSTR-1 enhancements & improvements : 1. The statement of outward…
DIFFICULTIES IN THE USE OF MCA 21 VERSION 3.0 By KSCAA
DIFFICULTIES IN THE USE OF MCA 21 VERSION 3.0 By KSCAA Date:27th April 2022 To, Smt. Nirmala Sitharaman Hon. Union…
High Court has dismissed the writ petitions in a most casual manner which is unsustainable: Supreme Court in Vishal Ashwin Patel Vs ACIT
High Court has dismissed the writ petitions in a most casual manner which is unsustainable: Supreme Court in Vishal Ashwin Patel Vs ACIT There are various cases when the Hon’ble High Courts refused to…
If the view taken by the A.O. is clearly plausible in law, it cannot be displaced in a revisionary proceedings by a very untenable or a debatable view.
If the view taken by the A.O. is clearly plausible in law, it cannot be displaced in a revisionary proceedings…
AO should grant immunity from penalty and prosecution if conditions U/S 270AA are satisfied: Delhi HC
AO should grant immunity from penalty and prosecution if conditions U/S 270AA are satisfied: Delhi HC ULTIMATE INFRA TECH PRIVATE…
Late deposit of employees contribution to the provident fund and ESI, cannot be disallowed if it is deposited before the due date of the filing of the return of an income
Late deposit of employees contribution to the provident fund and ESI, cannot be disallowed if it is deposited before the…
