Step by step guide to Register on the e-Filing Portal by the Tax Deductor and Collector
Step by step guide to Register on the e-Filing Portal by the Tax Deductor and Collector Step-by-Step Guide Step 1: Go…
Income Tax
TDS on Purchase of Goods: Confusion & Clarification
TDS on Purchase of Goods: Confusion & Clarification The net of Tax Deduction at Source (TDS) has widened…
“Corporate Compliance Calendar for the M/o July, 2021”
“Corporate Compliance Calendar for the M/o July, 2021” This article contains various Compliance requirements for the Month of…
Computation of Sales, turnover, gross receipts for the purpose of Section 194Q of the Income Tax Act – 1961
Computation of Sales, turnover, gross receipts for the purpose of Section 194Q of the Income Tax Act – 1961 …
CBDT issued guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961
CBDT issued guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961 F.370142/22/2021-TPL…
Registration can’t be denied if carrying out operations outside India were ancillary to main object of trust: ITAT
Registration can’t be denied if carrying out operations outside India were ancillary to main object of trust: ITAT Sarbat The…
Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.
Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest…
Short overview of Clarification issued by CBDT on section 194Q
Short overview of Clarification issued by CBDT on section 194Q CBDT has issued Circular No 13/2021 dated 30th June, 2021…
Validity of Addition under section 68 on Receipt of unsecured loan if Assessee has furnished supportive details
Validity of Addition under section 68 on Receipt of unsecured loan if Assessee has furnished supportive details Short Overview…
Revamp of Income Escaping Assessment
Revamp of Income Escaping Assessment Author CA. Yashika Pittie Bhageria Revamp of Income Escaping Assessment …
New Regime of Income Tax Search and Seizure Assessments – Glaring Implications
New Regime of Income Tax Search and Seizure Assessments – Glaring Implications Introduction:- The Hon’ble Union Finance Minister…
Whether Amount paid towards PMS Fees is allowable as deduction? Mumbai ITAT in Mateen Pyarali Dhokia vs DCIT.
Whether Amount paid towards PMS Fees is allowable as deduction? Mumbai ITAT in Mateen Pyarali Dhokia vs DCIT. The…
Key Feature of the Guidelines issued by the CBDT on Section 194Q for TDS on purchase of Goods
Key Feature of the Guidelines issued by the CBDT on Section 194Q for TDS on purchase of Goods Vide Circular…
Assessment of income in the correct head of income is important from the perspective of its taxation. Every item of income, whatever its source, would fall under one particular head and for the purpose of computing the income
Assessment of income in the correct head of income is important from the perspective of its taxation. Every item of income,…
Key feature of Senior Citizen Savings Scheme (SCSS)
Key feature of Senior Citizen Savings Scheme (SCSS) In view of falling interest rates, taxpayers are looking for better…
If reimbursement had no income element embedded in it, assessee would not be liable to deduct tax at source
If reimbursement had no income element embedded in it, assessee would not be liable to deduct tax at source …
No TDS U/s 194Q if the buyer has done TCS U/s 206C(1H): A welcome clarification by CBDT
No TDS U/s 194Q if the buyer has done TCS U/s 206C(1H): A welcome clarification by CBDT Vide Circular…
No addition u/s 115BBE if the income is offered during the course of search and survey without anything unexplained
No addition u/s 115BBE if the income is offered during the course of search and survey without anything unexplained …
