Latest UpdateCompliance Calendar for May-224 years agoCompliance Calendar for May-22 INCOME TAX 07th May 2022- Due date for TDS/TCS payment for April’22. 15th May 2022-…
Income TaxPURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION4 years agoPURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION Have you bought an immovable property and you are worried about…
Income TaxRule 12AC notified ITR – U for Updated return u/s 139(8A).4 years agoRule 12AC notified ITR – U for Updated return u/s 139(8A). pdated return can be filed for A.Y. 20-21 onwards…
Income TaxConsumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital gain: ITAT Mumbai4 years agoConsumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital…
IT JudgementMrs. Sangeeta Singh to hold Additional Charge as Chairman, CBDT4 years agoMrs. Sangeeta Singh to hold Additional Charge as Chairman, CBDT Mrs. Sangeeta Singh, Additional Charge, Chairman, CBDT
IT JudgementBombay HC quashed the reopening which was made within 4 years on the same issue which was examined during 143(3) proceedings4 years agoBombay HC quashed the reopening which was made within 4 years on the same issue which was examined during 143(3)…
Income TaxAn overview of the Updated returns in Form ITR- U4 years agoAn overview of the Updated returns in Form ITR- U 1. The CBDT has issued Income-tax (Eleventh Amendment) Rules, 2022…
Income TaxFiling Income Tax Returns for the AY 2022-23: Mistakes to be avoided4 years agoFiling Income Tax Returns for the AY 2022-23: Mistakes to be avoided “If you think that compliance is Expensive,…
IT JudgementScholarship By Hamdard Foundation, Exemption Under Income Tax Act Can’t Be Denied: Delhi HC4 years agoScholarship By Hamdard Foundation, Exemption Under Income Tax Act Can’t Be Denied: Delhi HC Hamdard National Foundation (India) (ITA 117/2021;…
Income TaxAdvisory on GSTR-1/IFF enhancements and improvements deployed on GST Portal4 years agoAdvisory on GSTR-1/IFF enhancements and improvements deployed on GST Portal GSTR-1 enhancements & improvements : 1. The statement of outward…
Income TaxDIFFICULTIES IN THE USE OF MCA 21 VERSION 3.0 By KSCAA4 years agoDIFFICULTIES IN THE USE OF MCA 21 VERSION 3.0 By KSCAA Date:27th April 2022 To, Smt. Nirmala Sitharaman Hon. Union…
Income TaxHigh Court has dismissed the writ petitions in a most casual manner which is unsustainable: Supreme Court in Vishal Ashwin Patel Vs ACIT4 years agoHigh 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…
Income TaxIf 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.4 years agoIf the view taken by the A.O. is clearly plausible in law, it cannot be displaced in a revisionary proceedings…
Income TaxAO should grant immunity from penalty and prosecution if conditions U/S 270AA are satisfied: Delhi HC4 years agoAO should grant immunity from penalty and prosecution if conditions U/S 270AA are satisfied: Delhi HC ULTIMATE INFRA TECH PRIVATE…
Income TaxLate 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 4 years agoLate deposit of employees contribution to the provident fund and ESI, cannot be disallowed if it is deposited before the…
Income TaxWhether case can be remanded back to lower authority to provide adequate opportunity to assessee to substantiate with evidences creditworthiness and genuineness of transactions?4 years agoWhether case can be remanded back to lower authority to provide adequate opportunity to assessee to substantiate with evidences creditworthiness …
Income TaxSEBI (LODR) (FOURTH AMENDMENTS) REGULATIONS, 2021& 224 years agoSEBI (LODR) (FOURTH AMENDMENTS) REGULATIONS, 2021& 22 Author CS Deepak P. Singh The Security Exchange Board of…
Income TaxJharkhand HC granted stay to levy of GST on royalty and other charges paid to state government4 years agoJharkhand HC granted stay to levy of GST on royalty and other charges paid to state government IN THE HIGH…