Provisions of ‘angel tax’ is applicable in year of issue of shares and not year of receipt of premium: ITAT
Provisions of ‘angel tax’ is applicable in year of issue of shares and not year of receipt of premium: ITAT…
Income Tax
Planning for Tax Free Income by investment in ULIP: An overview
Planning for Tax Free Income by investment in ULIP: An overview There are only two things which are certain…
Discount offered by seller for not storing goods in its godown after sale isn’t rent for purpose of sec. 194-I: HC
Discount offered by seller for not storing goods in its godown after sale isn’t rent for purpose of sec. 194-I:…
Professional fees can’t be treated as salary payment just because it was paid to managing director of Co.: ITAT
Professional fees can’t be treated as salary payment just because it was paid to managing director of Co.: ITAT …
Compliance Check for section 206AB & 206CCA – CBDT amends functionality to incorporate FA – 2022 changes : CA Naresh Jakhotia
Compliance Check for section 206AB & 206CCA – CBDT amends functionality to incorporate FA – 2022 changes : CA Naresh…
AO can’t import ‘beneficial ownership’ under Article 13 of Indo Mauritius DTAA without assigning reasons: ITAT
AO can’t import ‘beneficial ownership’ under Article 13 of Indo Mauritius DTAA without assigning reasons: ITAT Blackstone FP…
Cash deposit out of sale of agricultural land cannot be treated as unexplained: ITAT Chennai
Cash deposit out of sale of agricultural land cannot be treated as unexplained: ITAT Chennai Here was an interesting case…
Reassessment notice issued on question of facts can’t be challenged before High Court: Madras HC
Reassessment notice issued on question of facts can’t be challenged before High Court: Madras HC Here is an interesting judgment…
Employees’ contribution paid by assessee before the due date of filing of return of income under Section 139(1) of the IT Act is an allowable deduction: Bangalore ITAT
Employees’ contribution paid by assessee before the due date of filing of return of income under Section 139(1) of the…
Changes In Schedule III Of Companies Act, 2013: An Overview
Changes In Schedule III Of Companies Act, 2013: An Overview Finally, the changes as proposed in Schedule III of…
No reassessment for F.Y.s 2012-13, 2013-14 and 2014-15 if the income escaping from tax is less than Rs 50 lakh.
No reassessment for F.Y.s 2012-13, 2013-14 and 2014-15 if the income escaping from tax is less than Rs 50 lakh. …
Income escaping Assessment of Rs. 1 Lakh Cr – Order passed by AO under section 148A(d) quashed by Delhi HC
Income escaping Assessment of Rs. 1 Lakh Cr – Order passed by AO under section 148A(d) quashed by Delhi HC…
CBDT Circular regarding use of functionality under section 206AB and 206CCA of the Income-tax Act – 1961
CBDT Circular regarding use of functionality under section 206AB and 206CCA of the Income-tax Act – 1961 Finance Act,…
Bogus Purchase & Order U/s 148A(d): Hon’ble Gauhati HC order & directs Revenue to apply mind on Assessee’s reply
Bogus Purchase & Order U/s 148A(d): Hon’ble Gauhati HC order & directs Revenue to apply mind on Assessee’s reply …
Cash withdrawal being more than amount of cash deposited and its taxation as Unexplained Investment u/s 69
Cash withdrawal being more than amount of cash deposited and its taxation as Unexplained Investment u/s 69 The issue…
Whether proceedings under the Income-tax Act,1961 has to be kept in abeyance once an order u/s 14 of the IBC code is passed?
Whether proceedings under the Income-tax Act,1961 has to be kept in abeyance once an order u/s 14 of the IBC…
Trust or institution – Object to develop training and research centre to facilitate skill development to entire chain of work force engaged at various levels in garment and textile industry entitle for registration under provisions of Section 12AA.
Trust or institution – Object to develop training and research centre to facilitate skill development to entire chain of work…
If proceedings before DRT is going on against an entity ,then also CIRP Application under provisions of Sections 7, 9 & 10 will be maintainable.
If proceedings before DRT is going on against an entity ,then also CIRP Application under provisions of Sections 7, 9…
