Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4%
Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4% …
Income Tax
Submission of Certificate to the Schedule bank operating the separate account and copies thereof to MahaRERA Authority.
Submission of Certificate to the Schedule bank operating the separate account and copies thereof to MahaRERA Authority. MAHARASHTRA REAL ESTATE…
Income Tax Department conducts searches in Mumbai
Income Tax Department conducts searches in Mumbai Income Tax Department carried out a search operation on 08.03.2022 on a cable…
Notice of Reassessment issued without prior approval is illegal: Bombay HC
Notice of Reassessment issued without prior approval is illegal: Bombay HC The citation of the case is as under:…
Partners remuneration not to be counted for the purpose of Audit U/s 44AB
Partners remuneration not to be counted for the purpose of Audit U/s 44AB IN THE HIGH COURT OF JUDICATURE AT…
CBIC issued Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19
CBIC issued Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19 CBDT issued Standard…
Sale deed done with Post Dated Cheque & Year of Taxation
Sale deed done with Post Dated Cheque & Year of Taxation The year of taxation of capital gain is…
Foreign Tax Credit (FTC) cannot be disallowed for delay in filing Form 67: Bangalore ITAT
Foreign Tax Credit (FTC) cannot be disallowed for delay in filing Form 67: Bangalore ITAT Foreign Tax Credit (FTC)…
Cash deposited in the bank out of the sale Proceeds and its Taxation u/s 68
Cash deposited in the bank out of the sale Proceeds and its Taxation u/s 68 There are a lot of…
All About Assessment Unit (AU) under the Faceless Assessment Scheme
All About Assessment Unit (AU) under the Faceless Assessment Scheme Under the faceless assessment scheme, there is a Assessment Unit…
Notice Dated 31st March, Email done on 16th April: Reassessment proceeding U/s 148 quashed by MP High Court
Notice Dated 31st March, Email done on 16th April: Reassessment proceeding U/s 148 quashed by MP High Court Recently, MP High court…
All About Review Unit under the Faceless Assessment Scheme
All About Review Unit under the Faceless Assessment Scheme Under the faceless assessment scheme, there is a Assessment Unit (AU)…
The third person evidence cannot be base for addition on the basis of any entries therein
The third person evidence cannot be base for addition on the basis of any entries therein Here is an important…
Supreme Court judgement in the case of Totgars Co-operative Sale Society Ltd., v. ITO cannot be blindly applied to all the co-operative society.
Supreme Court judgement in the case of Totgars Co-operative Sale Society Ltd., v. ITO cannot be blindly applied to all…
Income Tax Search and Seizure: “Insertion of Section 79A”-Plugging of lacuna by the Finance Bill 2022
Income Tax Search and Seizure: “Insertion of Section 79A”-Plugging of lacuna by the Finance Bill 2022 In the…
The Shock: Loss from transfer of one Crypto Currency WILL NOT be SETOFF against profit of another
The Shock: Loss from transfer of one Crypto Currency WILL NOT be SETOFF against profit of another Reply by MOF…
Immunity from penalty U/s 270A
Immunity from penalty U/s 270A Whenever the addition is done by the AO during the course of the assessment proceeding,…
Section 148 and Issuance of Notice Vs. Electronic signing and uploading of the Notice
Section 148 and Issuance of Notice Vs. Electronic signing and uploading of the Notice The entire gamut of issue and…
