Income TaxSupreme Court orders directs opening the window for taxpayers to claim transitional credits4 years agoSupreme Court orders directs opening the window for taxpayers to claim transitional credits The recent ruling in the case of…
Income TaxWhere last day for filing of income/loss return is a day on which income-tax office is closed, assessee can file return on next day afterwards on which office is open and return will be considered to have been filed within specified time limit: An Analysis4 years agoWhere last day for filing of income/loss return is a day on which income-tax office is closed, assessee can file…
Income TaxTrading in Sawn timber is liable for TCS u/s 206C as Forest Produce?4 years agoTrading in Sawn timber is liable for TCS u/s 206C as Forest Produce? Trading in Sawn timber is liable…
IT JudgementMere possession of the proceeds of crime is money laundering4 years agoMere possession of the proceeds of crime is money laundering Landmark SC judgement is delivered on 27th July 2022…
Income TaxWhat if the Income Tax Returns is not filed within Due Date? Why Worry?4 years agoWhat if the Income Tax Returns is not filed within Due Date? Why Worry? 31st July is the due date…
IT JudgementSupreme court final Ruling on all the pending Tran-1 Writ Petitions4 years agoSupreme court final Ruling on all the pending Tran-1 Writ Petitions The Supreme Court has finally decided the issue…
Income TaxRespected Finance Minister, Please don’t extend the Date. But …… : Representation by Team www.theTAXtalk.com4 years agoRespected Finance Minister, Please don’t extend the Date. But …… : Representation by Team www.theTAXtalk.com On the one hand,…
IT JudgementViolations of Principles of Natural Justice and order passed beyond the scope of Show Cause Notice: Calcutta High Court quashed order passed under section 148A(d)4 years agoViolations of Principles of Natural Justice and order passed beyond the scope of Show Cause Notice: Calcutta High Court quashed order…
Income TaxNO REPRESENTATION FOR INCOME TAX RETURNS DUE DATE EXTENSION: WELL JUSTIFIED MOVE BY DTC OF ICAI:4 years agoNO REPRESENTATION FOR INCOME TAX RETURNS DUE DATE EXTENSION: WELL JUSTIFIED MOVE BY DTC OF ICAI: DTC of…
Income TaxEstate & Succession Planning through Wills, Private Trusts & Nomination (IV)4 years agoEstate & Succession Planning through Wills, Private Trusts & Nomination (IV) In the earlier issues of The Tax…
Income TaxNo exemptions of RCM on GTA where freight is ₹1500 or ₹750. Now Reverse Charge on GTA services will be applicable from ₹14 years agoNo exemptions of RCM on GTA where freight is ₹1500 or ₹750. Now Reverse Charge on GTA services will be…
Income TaxTaxation of benefit & Perquisite of business and Profession: Controversy and litigation ahead in section 194R4 years agoTaxation of benefit & Perquisite of business and Profession: Controversy and litigation ahead in section 194R Every new…
Income TaxExtension of Due Date of filing Income Tax Returns?4 years agoExtension of Due Date of filing Income Tax Returns? Government want the tax compliances on the time bound basis.…
Income TaxPRESUMPTION OF CONSTRUCTIVE NOTICE CONCERNING THE TRANSFER OF PROPERTY ACT, 1882.4 years agoPRESUMPTION OF CONSTRUCTIVE NOTICE CONCERNING THE TRANSFER OF PROPERTY ACT, 1882. PRESUMPTION OF CONSTRUCTIVE NOTICE CONCERNING THE TRANSFER OF…
Income TaxWhy PAN CARD should be taken even if you are not earning income4 years agoWhy PAN CARD should be taken even if you are not earning income This is one of the most…
Income TaxRevised return: Taking a contrary stand for claiming exemption which is specifically claimed earlier in original return of income is not permissible.4 years agoRevised return: Taking a contrary stand for claiming exemption which is specifically claimed earlier in original return of income is…
IT JudgementExemption which was specifically not claimed earlier while filing the original return of income is not permissible in Revised Return: Supreme Court4 years agoExemption which was specifically not claimed earlier while filing the original return of income is not permissible in Revised Return:…
IT JudgementGenuine defaults by the Companies and the Landmark Supreme Court judgement in the case of Vidarbha Industries Power Limited4 years agoGenuine defaults by the Companies and the Landmark Supreme Court judgement in the case of Vidarbha Industries Power Limited …