Income TaxIncome taxThe Biggest Retrospective Amendment on section 148 & Section 148A by Union Budget – 2022?5 years agoThe Biggest Retrospective Amendment on section 148 & Section 148A by Union Budget – 2022? There were numerous petitions that were filed…
Income TaxMore than 7 lakh companies incorporated after announcement of Make in India programme5 years agoMore than 7 lakh companies incorporated after announcement of Make in India programme ‘Make in India’, is an initiative…
Income TaxClarification of holding of Annual General Meeting (AGM) through video Conference (VC) or Other Audio Visual Means (OAVM)5 years agoClarification of holding of Annual General Meeting (AGM) through video Conference (VC) or Other Audio Visual Means (OAVM) General Circular No.…
Income TaxIncome Tax raid on four Credit Cooperative Societies (CCS) & associates at Bangalore.5 years agoIncome Tax raid on four Credit Cooperative Societies (CCS) & associates at Bangalore. Income Tax Department conducts searches…
Income TaxDelhi HC Quashed notices issued under section 148 after 31.3.21 without complying with provisions of section 148A.5 years agoDelhi HC Quashed notices issued under section 148 after 31.3.21 without complying with provisions of section 148A. After Allahabad high…
Income TaxLand under the aegis of a town planning authority but administered by a gram panchayat is not a capital asset: ITAT Ahmedabad5 years agoLand under the aegis of a town planning authority but administered by a gram panchayat is not a capital asset:…
Income TaxSection 54 & 54F exemption dependent on date of acquisition & not payment5 years agoSection 54 & 54F exemption dependent on date of acquisition & not payment Claim for capital gain exemption is full…
Income TaxCBDT notifies e-Verification Scheme, 20215 years agoCBDT notifies e-Verification Scheme, 2021 CBDT, vide Notification No. 137 of 2021, dated 13.12.2021 notifies e-Verification Scheme, 2021, made by…
Income TaxInterest on income tax refund not taxable if at the time of regular assessment demand has been raised against the assessee and refund u/s 143(1) is wiped off.5 years agoInterest on income tax refund not taxable if at the time of regular assessment demand has been raised against the…
Income TaxSeverance Pay received by employee for loss of job is capital receipt & not taxable under the Income Tax Act5 years agoSeverance Pay received by employee for loss of job is capital receipt & not taxable under the Income Tax Act…
Income TaxProvision for ‘sales incentive’ is deductible under Sec. 37(1): Bombay HC5 years agoProvision for ‘sales incentive’ is deductible under Sec. 37(1): Bombay HC CIT v. Maharashtra Hybrid Seeds Co. Ltd. – [2021]…
Income TaxPayment to UK company for providing access to software to member firms is not taxable: Delhi HC5 years agoPayment to UK company for providing access to software to member firms is not taxable: Delhi HC Ey Global Services…
Income TaxIncome taxA well elaborated and apt Pre Budget Memorandum by DTPA, Kolkata5 years agoA well elaborated and apt Pre Budget Memorandum by DTPA, Kolkata DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, Govt.…
Income TaxIT JudgementSale of Agricultural Land is not liable for capital gain tax if it is not a capital asset5 years agoSale of Agricultural Land is not liable for capital gain tax if it is not a capital asset ITAT Ahmedabad…
Income TaxGifting of “Brand” to corpus of Private Trust is not taxable: ITAT Mumbai5 years agoGifting of “Brand” to corpus of Private Trust is not taxable: ITAT Mumbai Balaji Trust [TS-1092-ITAT-2021(Mum)] Here is an interesting…
Income TaxAn Excellent Representation for Extension of Date of ITR by Chartered Accountant Association, Jalandhar5 years agoAn Excellent Representation for Extension of Date of ITR by Chartered Accountant Association, Jalandhar CHARTERED ACCOUNTANTS ASSOCIATION (C R Building,…
Income TaxTaxability of Minor Income5 years agoTaxability of Minor Income Author CA. Sahil Dhingra Introduction: Any person under the age of 18…
Income TaxSupply of Bill without supply of Goods: Fake ITC Bill Racket busted by CBST Mumbai of Rs. 3000 Cr5 years agoSupply of Bill without supply of Goods: Fake ITC Bill Racket busted by CBST Mumbai of Rs. 3000 Cr The…