Income TaxNo writ can be filed against notice issued for filing ITR as objections can be raised in reassessment proceedings : HC5 years agoNo writ can be filed against notice issued for filing ITR as objections can be raised in reassessment proceedings :…
Income TaxWhether FIR against Commissioner of Income-tax (a public servant) on account of disproportionate assets u/s 13(1)(e) of Prevention of Corruption Act can be quashed under Article 226 of Constitution?5 years agoWhether FIR against Commissioner of Income-tax (a public servant) on account of disproportionate assets u/s 13(1)(e) of Prevention of Corruption…
Income TaxIncome Tax Department conducts searches in Nashik reveals unaccounted income of Rs. 100 Cr5 years agoIncome Tax Department conducts searches in Nashik reveals unaccounted income of Rs. 100 Cr The Income Tax Department carried…
Income TaxWhether AO must take income declared by assessee in original ITR as returned income while computing income u/s 143(3) instead of assessed income u/s 143(1) ?5 years agoWhether AO must take income declared by assessee in original ITR as returned income while computing income u/s 143(3) instead…
Income TaxRecognition to Company Secretary in Practice under the IFSC Authority (Registration of Insurance Business) Regulations, 20215 years agoRecognition to Company Secretary in Practice under the IFSC Authority (Registration of Insurance Business) Regulations, 2021 THE INSTITUTE OF Company…
Income TaxSale of land after development by way of erection a civil structure or a building or a complex then such supply is liable to tax under CGST/SGST Acts5 years agoSale of land after development by way of erection a civil structure or a building or a complex then such…
Income TaxFiling Form No. 10AB: Why and How5 years agoFiling Form No. 10AB: Why and How The Finance Act, 2020 has introduced a new provision as a result of which all…
Income TaxCapital gain exemption now available against investment in Two House Properties5 years agoCapital gain exemption now available against investment in Two House Properties The requirements of the citizens change with time and…
Income TaxTDSTDS not to be done on IT support charges paid to foreign company: ITAT5 years agoTDS not to be done on IT support charges paid to foreign company: ITAT M/S. Hitachi Metglas (India) Pvt. ……
Income TaxHigher income in earlier year cannot be the ground for withholding of refund5 years agoHigher income in earlier year cannot be the ground for withholding of refund DCIT, CPC, Bangalore v. Vodafone Idea Ltd.…
Income TaxIT JudgementNotional interest: Can interest free deposit form a part of sales consideration for calculation on capital gains?5 years agoNotional interest: Can interest free deposit form a part of sales consideration for calculation on capital gains? There are situation…
Income TaxHow to download the Charitable Trust Registration certificate from Income Tax Portal?5 years agoHow to download the Charitable Trust Registration certificate from Income Tax Portal? One of the sectors where substantial changes are…
Income TaxBuying Electric Vehicle to get income tax benefit5 years agoBuying Electric Vehicle to get income tax benefit Go green is the new mantra across the globe. Tax policies are…
IT JudgementNo failure on assessee’s part to disclose fully and truly all material facts during original assessment – Whether Reassessment proeeding justified?5 years agoNo failure on assessee’s part to disclose fully and truly all material facts during original assessment – Whether Reassessment proeeding…
IT JudgementValidity of Reassessment on the basis of information gathered during course of statement recorded under section 132(4) from searched person by investigation wing5 years agoValidity of Reassessment on the basis of information gathered during course of statement recorded under section 132(4) from searched person by…
Income TaxIT department detects massive under invoicing, while actual value could be Rs 2,000 crores, declared value is Rs 20 crores.5 years agoIT department detects massive under invoicing, while actual value could be Rs 2,000 crores, declared value is Rs 20 crores. …
Income TaxBombay HC asked the Income Tax department to communicate to the Finance Minister and Team about the Casual approach of the Assessing Officers. Court may impose personal Cost on the assessing Officer in future for casual approach.5 years agoBombay HC asked the Income Tax department to communicate to the Finance Minister and Team about the Casual approach of…
Income TaxWhether professional fees paid to directors of a company may be disallowed if it is not in excess of market rate?5 years agoWhether professional fees paid to directors of a company may be disallowed if it is not in excess of market…