AO has power to cancel the Trust Registration Certificiate U/s 12A?
AO has power to cancel the Trust Registration Certificiate U/s 12A? There are various cases where in the AO wish…
Income Tax
Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss
Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying…
Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi HC
Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi…
Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings:
Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings: LALJIBHAI KANJIBHAI MANDALIA…
Filing of appeals in the case of identical issues:New Form issued
ling of appeals in the case of identical issues:New Form issued The Finance Act, 2022 has inserted a new Section…
Know about the Observation of the Supreme Court on the phrase “Reason to Believe”
Know about the Observation of the Supreme Court on the phrase “Reason to Believe” The Hon’ble Supreme Court in…
Best Known Global Tax Haven Countries – Know about it
Best Known Global Tax Haven Countries – Know about it There is a global practice of shifting the business…
Charitable Trust in Maharashtra liable to pay 3% contribution from 2009 onwards
Charitable Trust in Maharashtra liable to pay 3% contribution from 2009 onwards Bombay High Court has passed final order…
Proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 cannot dilute the rights of the Tax Department to reopen the assessment U/S 148
Proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 cannot dilute the rights of the Tax Department to reopen the…
Public authority must not exercise that power just because it would be lawful for the said authority to exercise the same: Bombay ITAT.
Public authority must not exercise that power just because it would be lawful for the said authority to exercise the…
Karnataka HC quashes CBIC Circular on GST on Annuity received by Concessionaire
Karnataka HC quashes CBIC Circular on GST on Annuity received by Concessionaire Hon’ble Karnataka High Court in Writ Petition…
CASE STUDY-FOREIGN EXCHANGE MANAGEMENT ACT, 1999
CASE STUDY-FOREIGN EXCHANGE MANAGEMENT ACT, 1999 CASE STUDY-FOREIGN EXCHANGE MANAGEMENT ACT, 1999 Question: One couple purchase house property…
Estate & Succession Planning through Wills, Private Trusts & Nomination (III)
Estate & Succession Planning through Wills, Private Trusts & Nomination (III) In the last issue of The Tax Talk,…
Contentions raised by the taxpayers not considered in the Order: High Court quashed the proceeding
Contentions raised by the taxpayers not considered in the Order: High Court quashed the proceeding Honble Calcutta High Court in M/s.…
CBDT circulars are burning on the Officers: ITAT
CBDT circulars are burning on the Officers: ITAT Recently, ITAT has again reiterated that the CBDT circulars are burning…
Respected Finance Minister, Please exclude F & O transactions from Presumptive Scheme of Taxation
Respected Finance Minister, Please exclude F & O transactions from Presumptive Scheme of Taxation To Respected Smt. Nirmala Sitharaman…
No basic exemption limit benefit to NRI against STCG U/s 111A
No basic exemption limit benefit to NRI against STCG U/s 111A In normal course the capital gain exemption is…
Filing an Appeal before ITAT: An overview of the provision
Filing an Appeal before ITAT: An overview of the provision INCOME TAX APPELLATE TRIBUNAL e-Filing Portal – Frequently Asked…
