IT JudgementNo Draft Notice under S. 144B issued -Delhi HC directed NaFC to withdraw the Assessment Order4 years agoNo Draft Notice under S. 144B issued -Delhi HC directed NaFC to withdraw the Assessment Order Here is an important…
IT JudgementOnus on AO to prove that the liability ceases to exist: Calcutta HC4 years agoOnus on AO to prove that the liability ceases to exist: Calcutta HC PCIT -12, Kolkata vs Soorajmul Nagarmull (ITAT…
Income TaxE-verification of the Information in the Income Tax Portal- A step towards transparent working4 years agoE-verification of the Information in the Income Tax Portal- A step towards transparent working The Income Tax Department is…
Income TaxIncome Tax Department conducts search actions in Karnataka4 years agoIncome Tax Department conducts search actions in Karnataka Government of India Ministry of Finance Department of Revenue Central Board…
Income Tax“Otherwise” in section 45(4) includes Revaluation of the Asses without dissolution: Supreme Court4 years ago“Otherwise” in section 45(4) includes Revaluation of the Asses without dissolution: Supreme Court The law takes its own recourse…
Articleother topicAn Apt Pre-Budget Memorandum 2023-24 By Chartered Accountants Association Surat4 years agoAn Apt Pre-Budget Memorandum 2023-24 By Chartered Accountants Association Surat Pre-Budget Memorandum 2023-24-compressed
Income TaxCessation of liability and income tax u/s 41(1) of the Income-tax Act,1961 vis a vis Limitation Act 19634 years agoCessation of liability and income tax u/s 41(1) of the Income-tax Act,1961 vis a vis Limitation Act 1963 Cessation…
Income TaxWrong Claim in the ITR & power of Rectification U/s 1544 years agoWrong Claim in the ITR & power of Rectification U/s 154 Wrong claim in return -1
Income TaxPenalty Notice: Where specific charges are not levelled, the notice would be defective and need to be quashed4 years agoPenalty Notice: Where specific charges are not levelled, the notice would be defective and need to be quashed …
IT JudgementCash gift during marriage & income Tax Applucability4 years agoCash gift during marriage & income Tax Applucability Here is an interesting case by ITAT, Chennai on the applicability of…
Income TaxDeduction towards Health Insurance & Health Expenses in the Income Tax Act4 years agoDeduction towards Health Insurance & Health Expenses in the Income Tax Act The premiums paid for self, spouse and…
Income TaxDTAA amendment by Australia may come into effect from 1st April:4 years agoDTAA amendment by Australia may come into effect from 1st April: Australia’s parliament ratified the India-Australia Economic Cooperation and…
Income TaxI – T raidsin Chhattisgarh make glaring revelations4 years agoI – T raidsin Chhattisgarh make glaring revelations WhatsApp Image 2022-11-25 at 12.18.10 AM
Income TaxAssessee eligible to get interest on refund arising due to recomputation of income by AO: HC4 years agoAssessee eligible to get interest on refund arising due to recomputation of income by AO: HC PCIT v. Punjab…
Income TaxTax Dept. conducts search on group engaged in business of gold & diamond jewellery and real estate4 years agoTax Dept. conducts search on group engaged in business of gold & diamond jewellery and real estate Press Release,…
Income TaxSec. 43CA amendment increasing safe harbour limit from 5% to 10% on sale of immovable property has retrospective effect4 years agoSec. 43CA amendment increasing safe harbour limit from 5% to 10% on sale of immovable property has retrospective effect …
IT JudgementEligibility for becoming ITAT Member: Supreme Court Issues Notice On Challenge Against Provision Requiring Chartered Accountants to Have 25 Yrs Minimum Experience4 years agoEligibility for becoming ITAT Member: Supreme Court Issues Notice On Challenge Against Provision Requiring Chartered Accountants to Have 25 Yrs…
Income TaxIncome earned in Dubai by UAE resident and invested in India is not taxable as unexplained investment: ITAT Mumbai4 years agoIncome earned in Dubai by UAE resident and invested in India is not taxable as unexplained investment: ITAT Mumbai …