Income TaxIncome Tax Department conducts searches in Jharkhand: Heavy unaccounted money discovered5 years agoIncome Tax Department conducts searches in Jharkhand: Heavy unaccounted money discovered …
Income TaxLatest UpdateWith around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 20215 years agoWith around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 2021 LokSabha has passed the finance…
Income TaxGet Ready Now: Mandatory to use “Such Software” which has a feature of establishing audit trail of Changes5 years agoGet Ready Now: Mandatory to use “Such Software” which has a feature of establishing audit trail of Changes COMPANY LAW…
Income TaxVSVS: Non search case only 100% liability attracted & not 125%5 years agoVSVS: Non search case only 100% liability attracted & not 125% VSVS: Non search case only 100% liability attracted…
Income TaxWhile a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.5 years agoWhile a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of…
Income TaxPayment of excess sales tax along with interest on failure to furnish Form C is deductible expenses: ITAT5 years agoPayment of excess sales tax along with interest on failure to furnish Form C is deductible expenses: ITAT Gem Electro…
Income TaxPen Drive containing details of Rs. 150 Cr & Rs. 70 Cr found in Income Tax Raids at Mumbai5 years agoPen Drive containing details of Rs. 150 Cr & Rs. 70 Cr found in Income Tax Raids at Mumbai Ministry…
IT JudgementHire charges paid to cab drivers liable for sec. 194C TDS even if no written contract exists5 years agoHire charges paid to cab drivers liable for sec. 194C TDS even if no written contract exists Sri Balaji…
Income TaxIncome Tax Impact on Gift to HUF & Gift by HUF5 years agoIncome Tax Impact on Gift to HUF & Gift by HUF Hindu Undivided Family (HUF) is a separate taxable entity…
IT JudgementInvestigation once commenced by one Commissionerate then investigating authorities from other Commissionerate ought not to proceed against the same assessee.5 years agoInvestigation once commenced by one Commissionerate then investigating authorities from other Commissionerate ought not to proceed against the same assessee. …
IT JudgementESOP benefits granted to an assessee when he was resident and in consideration for services rendered in India is taxable even though the assessee is a non-resident in the year of exercise.5 years agoESOP benefits granted to an assessee when he was resident and in consideration for services rendered in India is taxable…
Income TaxLetter written by Chartered Accountant Association to CMD of Indian Bank: Unjustified Removal of Allahabad Bank Issue Branch Auditor5 years agoLetter written by Chartered Accountant Association to CMD of Indian Bank: Unjustified Removal of Allahabad Bank Issue Branch Auditor The…
Income TaxAll about Statement of Financial Transactions5 years agoAll about Statement of Financial Transactions There are various sources from which the department is collecting information of the transactions…
Income TaxUnauthorized selling of pharmacy through online: CAIT writes to Commerce Minister5 years agoUnauthorized selling of pharmacy through online: CAIT writes to Commerce Minister Confederation of All India Traders (CAIT) “Vyapar Bhawan” 925/1,…
Income TaxEven CPC is helpless at time – Refund blocked by AO for Reasons known to him5 years agoEven CPC is helpless at time – Refund blocked by AO for Reasons known to him This is the reply…
Income TaxGuidelines for Startup India Seed Fund Scheme (SISFS)5 years agoGuidelines for Startup India Seed Fund Scheme (SISFS) The Commerce Ministry has issued guidelines for Startup India Seed Fund Scheme…
IT JudgementTransition of credit in respect of TDS of Tamil Nadu VAT regime can’t be denied in GST regime: Madras HC5 years agoTransition of credit in respect of TDS of Tamil Nadu VAT regime can’t be denied in GST regime: Madras HC…
Income TaxTax Implications: Purchase of plot in unregularised layout & Cancellation thereof5 years agoTax Implications: Purchase of plot in unregularised layout & Cancellation thereof Query] I have taken Rs. 30 lakhs Home…