IT JudgementThe Twist: Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court4 years agoThe Twist: Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court The…
IT JudgementSupreme Court Declares Section 3(2) and 5 Of Benami Transactions Prohibition Act As Unconstitutional; 2016 Amendment Act To Have Only Prospective Effect4 years agoSupreme Court Declares Section 3(2) and 5 Of Benami Transactions Prohibition Act As Unconstitutional; 2016 Amendment Act To Have Only…
Income TaxRequest to address the concerns arising from automatic processing under section 143(1) of the Act by the CPC – ICAI4 years agoRequest to address the concerns arising from automatic processing under section 143(1) of the Act by the CPC – ICAI…
IT Judgement2016 Amendment to Benami Act can’t be applied retroactively to transactions entered into before 25-10-2016: Apex Court4 years ago2016 Amendment to Benami Act can’t be applied retroactively to transactions entered into before 25-10-2016: Apex Court 2016 Amendment…
Income TaxUsed cash in hosptals, party halls? I-T will target you4 years agoUsed cash in hosptals, party halls? I-T will target you
Income Tax“It is not out of place to mention here that the information made available/data uploaded by the reporting entities may not be fully accurate due to inter alia, error of human nature technical nature, etc”: CBDT4 years ago“It is not out of place to mention here that the information made available/data uploaded by the reporting entities may not…
Income TaxForeign Exchange Management (Overseas Investment) Rules, 20224 years agoForeign Exchange Management (Overseas Investment) Rules, 2022 Foreign Exchange Management (Overseas Investment) Rules, 2022
Income TaxNCCL Representation to scrap Clause No. 44 of the Tax Audit Report (Form 3CD) under the Income Tax Act, 1961.4 years agoNCCL Representation to scrap Clause No. 44 of the Tax Audit Report (Form 3CD) under the Income Tax Act, 1961.…
Income TaxRelaxation in condition for availing the Foreign Tax Credit by filing Form No. 674 years agoRelaxation in condition for availing the Foreign Tax Credit by filing Form No. 67 Rule 128(9) of the…
IT JudgementGenuineness of a Will has to be ascertained before disregarding the same: ITAT Allahabad4 years agoGenuineness of a Will has to be ascertained before disregarding the same: ITAT Allahabad Shri Gaus Mohammad (ITA No. 104/Alld/…
Income TaxRedevelopment Agreement with the Builder: Taxation on receipt of Bigger size flat in lieu of old Flat4 years agoRedevelopment Agreement with the Builder: Taxation on receipt of Bigger size flat in lieu of old Flat Query] We…
Income TaxCAG flags large scale round tripping in gems and jewellery and asks for a detailed investigation by tax authorities:4 years agoCAG flags large scale round tripping in gems and jewellery and asks for a detailed investigation by tax authorities: The…
IT JudgementDepreciation can be claimed on assets not in use, once they are a part of block of assets: ITAT Kolkata4 years agoDepreciation can be claimed on assets not in use, once they are a part of block of assets: ITAT Kolkata …
IT JudgementCompensation received by flat owner in redevelopment agreement and its taxation4 years agoCompensation received by flat owner in redevelopment agreement and its taxation Here is an important judgement on the taxability of compensation from…
IT JudgementCOMPENSATION PAYABLE IN CASE OF DEATH OF A CHILD IN AN ACCIDENT.4 years agoCOMPENSATION PAYABLE IN CASE OF DEATH OF A CHILD IN AN ACCIDENT. As you are aware that “Accident”, the…
Income TaxSection 94A & Reporting requirements in the ITR Forms4 years agoSection 94A & Reporting requirements in the ITR Forms Income tax return Forms requires disclosure as to whether any transaction…
IT JudgementCBDT amends Rule 17 & Form 10 providing accumulation of income.4 years agoCBDT amends Rule 17 & Form 10 providing accumulation of income. CBDT amends Rule 17 & Form 10 providing…
IT JudgementCBIC issued guidelines for arrest and bail in relation to offences punishable under CGST Act and for issuance of summons u/s 70 of CGST Act.4 years agoCBIC issued guidelines for arrest and bail in relation to offences punishable under CGST Act and for issuance of summons…