Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT
Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT…
Income Tax
Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority in prescribed form as required under section 194C(7)
Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority…
Whether Software Company is eligible for Additional Depreciation available to manufacturing company?
Whether Software Company is eligible for Additional Depreciation available to manufacturing company? Section 32 provides for additional depreciation to the…
Clarification regarding Form No 10AC issued till the date of this
Clarification regarding Form No 10AC issued till the date of this F. No.370142/4/2021-TPL Government of India Ministry of Finance…
The Cost Inflation Index (CII) for 22-23 has been notified as “331”
The Cost Inflation Index (CII) for 22-23 has been notified as “331” The Cost Inflation Index (CII) for 22-23…
AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC
AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC…
Demonetized notes collected by the assessee from its members would not be hit by the provisions of section 68
Demonetized notes collected by the assessee from its members would not be hit by the provisions of section 68 …
Registration u/s 80G(5)(vi) of the Income-tax Act can be granted to a trust having religious objects.
Registration u/s 80G(5)(vi) of the Income-tax Act can be granted to a trust having religious objects. Hon’ble Pune ITAT…
CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022
CBDT issued Clarification regarding Privisional Registration in Form No 10AC issued till 3rd June 2022 Circular No. 11 of…
TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor
TDS Not Getting Reflected in Form No. 26AS: Soft Draft Letter to the Deductor To M/s. ABC Enterprises…
If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on that account, the additions in respect of other items cannot be made.
If the original grounds for reopening the reassessment do not exist any longer and no additions were ultimately made on…
Applicability of Clubbing Provision on amount received without Will
Applicability of Clubbing Provision on amount received without Will Query 1] If I have capital gains (both, Short Term…
Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income Tax Act restraining operation in the bank account and locker by the Income-tax department.
Responsibility of a branch manager of a bank when he is served with an order u/s 132(3) of the Income…
Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC
Negotiated land acquisition for Bullet Train project retains character of compulsory acquisition: Bom HC Seema Jagdish Patil, Versus The…
TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives
TDS on perquisites arising in business or profession vs. Foregin Tour Expenses,Discount, Incentives FA 2022 has introduced a…
know when to say to Cash Transactions
know when to say to Cash Transactions ~$en to say ‘NO’ to cash new 23.08.21
NCLAT appealed to the Govt. & IBBI to examine the need to change the legislative scheme on payment to Operational-Creditors.
NCLAT appealed to the Govt. & IBBI to examine the need to change the legislative scheme on payment to Operational-Creditors.…
Modification in the Notification of Compliance Check functionality by CBDT
Modification in the Notification of Compliance Check functionality by CBDT The CBDT vide Notification No. 01 of 2022…
