A Taxpayer can use any source of funds to buy new house for claiming section 54 deduction: ITAT
A Taxpayer can use any source of funds to buy new house for claiming section 54 deduction: ITAT Whether the…
Income Tax
Whether penalty imposed u/s 271D is rightly upheld where assessee is unable to establish that provisions of Section 269SS were not contravened – YES: ITAT
Whether penalty imposed u/s 271D is rightly upheld where assessee is unable to establish that provisions of Section 269SS were…
No Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee
No Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee+ The issue…
Ex-parte order passed without granting sufficient time to the assessee quashed
Ex-parte order passed without granting sufficient time to the assessee quashed The system of Faceless assessment has witnessed…
Discussion Paper on Remuneration of an Insolvency Professional
Discussion Paper on Remuneration of an Insolvency Professional This paper deals with issue of fee of an insolvency professional…
Option to Save Capital Gain Tax without investment in the House Property
Option to Save Capital Gain Tax without investment in the House Property Query 1] a)I have a flat at Nagpur.…
Widening of the scope of the Tax Audit Report by Cause No. 44 of the Form No. 3CD: The Terrible Time Consuming Exercise ahead
Widening of the scope of the Tax Audit Report by Cause No. 44 of the Form No. 3CD: The Terrible…
Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC
Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC …
McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism
McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism International taxation is…
ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation
ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation Sec 50C…
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…
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…
(vi) of the Income-tax Act can be granted to a trust having religious objects.){kind=link}
(vi) of the Income-tax Act can be granted to a trust having religious objects.&description=&image=https://thetaxtalk.com/wp-content/uploads/2022/06/Untitled-732.png){kind=link}