Income TaxCash credit account cannot be provisionally attatched under any circumstances.5 years agoCash credit account cannot be provisionally attatched under any circumstances. Principal Commissioner, CGST Surat is in contempt. C/SCA/76/2022 …
Income TaxWhether anyone from the Department or Government need to apologize to the taxpayers for irresponsible implementation of new Income Tax Portal?5 years agoWhether anyone from the Department or Government need to apologize to the taxpayers for irresponsible implementation of new Income Tax…
Income TaxAll Odisha Tax Advocates Association filed PIL in Odisha High Court: Waiver of Interest u/s 234A, Late Fee U/s 234F, Benefit of carry forward of loss etc demanded5 years agoAll Odisha Tax Advocates Association filed PIL in Odisha High Court: Waiver of Interest u/s 234A, Late Fee U/s 234F,…
Income TaxNo Tax on Income of Rs. 10 Lakh: A case study5 years agoNo Tax on Income of Rs. 10 Lakh: A case study The general basic exemption limit for individual taxpayers is…
Income Tax“State Authorities in their whims and fencing are bend upon to harass the trading community of the State”: With this Allahabad HC imposed Rs. 20000 fine on the officer 5 years ago“State Authorities in their whims and fencing are bend upon to harass the trading community of the State”: With this…
Income TaxNo Section 194D TDS on expenses incurred in foreign travel of insurance agents if sum paid directly to services providers: Bombay HC5 years agoNo Section 194D TDS on expenses incurred in foreign travel of insurance agents if sum paid directly to services providers:…
Income TaxExtension of the period of Limitation: A welcome move by the Supreme Court5 years agoExtension of the period of Limitation: A welcome move by the Supreme Court Hon’ble Supreme Court after taking judicial notice…
Income TaxInvest in Silver with minimal hassleand diversify your portfolio By Balwant Jain5 years agoInvest in Silver with minimal hassleand diversify your portfolio By Balwant Jain Author Balwant Jain To avoid…
Income TaxIncome Tax on transaction in Derivatives, futures and options & its Reporting5 years agoIncome Tax on transaction in Derivatives, futures and options & its Reporting Trading in derivatives which may be in shares,…
Income TaxRevenue seem to believe that it is not enough for the assessee to please the deity (Income Tax Act) but must also please the priest (Income Tax Officer): Bombay High Court5 years agoRevenue seem to believe that it is not enough for the assessee to please the deity (Income Tax Act) but must…
Income Tax“We wonder whether the officers ever bother to read before writing the reasons or recommending for approval or while granting approval”: Bombay High Court5 years ago“We wonder whether the officers ever bother to read before writing the reasons or recommending for approval or while granting…
Income TaxIncome Tax Department conducts searches in Andhra Pradesh (AP) and Telangana5 years agoIncome Tax Department conducts searches in Andhra Pradesh (AP) and Telangana The Income Tax Department carried out search and…
Income TaxSpeculative Income & Tax Audit Provision5 years agoSpeculative Income & Tax Audit Provision ITR forms have a separate column for offering speculative income/loss. The question arises as…
Income TaxDeduction towards Mediclaim policy under Section 80D: An overview5 years agoDeduction towards Mediclaim policy under Section 80D: An overview Section 80D provides for deduction towards mediclaim payment and…
Income TaxNavi Mumbai CGST Commissionerate busts Input Tax Credit racket of more than Rs. 10 Crores – Arrests one businessman5 years agoNavi Mumbai CGST Commissionerate busts Input Tax Credit racket of more than Rs. 10 Crores – Arrests one businessman Acting…
Income TaxIncome Tax Department conducts searches in Kerala5 years agoIncome Tax Department conducts searches in Kerala The Income Tax Department carried out search and seizure operation on 05.01.2022…
Income TaxExtension of 3 months would not serve the purpose if the technical glitches continues- Gujarat High Court in Southern Gujarat Income Tax Bar Association Vs UOI5 years agoExtension of 3 months would not serve the purpose if the technical glitches continues- Gujarat High Court in Southern Gujarat…
Income TaxGujarat High Court observation in CAAS ss. UOI and the Taxpayers Expectation5 years agoGujarat High Court observation in CAAS ss. UOI and the Taxpayers Expectation Does anyone from the Department or Government…