Income TaxNo Sec. 40(a)(ia) disallowances on commission paid in connection with transfer of immovable property6 years agoNo Sec. 40(a)(ia) disallowances on commission paid in connection with transfer of immovable property K. Associates v. ITO – [2021]…
Income TaxNew Tax Regime Vs. Old Tax Regime: Making the Right Choice6 years agoNew Tax Regime Vs. Old Tax Regime: Making the Right Choice Income Tax Return for the FY 2020-21 (AY 2021-22)…
Income TaxAutomatic vacation of stay granted by ITAT after expiry of 365 days is unconstitutional: SC6 years agoAutomatic vacation of stay granted by ITAT after expiry of 365 days is unconstitutional: SC DCIT v. Pepsi Foods…
Income TaxAn Overview of the Residential Status under the Income Tax Act – 1961 : CA Sahil Dhingra6 years agoAn Overview of the Residential Status under the Income Tax Act – 1961 : CA Sahil Dhingra An…
Income TaxDGFT date extended till 30.09.2021 without any late cut to MEIS 6 years agoDGFT date extended till 30.09.2021 without any late cut to MEIS DGFT date extended till 30.09.2021 without any late…
Income TaxWhether a LLP can be a partner in a partnership firm constituted under Indian Partnership Act, 1932.6 years agoWhether a LLP can be a partner in a partnership firm constituted under Indian Partnership Act, 1932. Jayama Xavier Vs…
Income TaxBeing a party to tax avoidance arrangement not enough to invoke GAAR, ‘participation’ is pre-requisite: South Africa HC6 years agoBeing a party to tax avoidance arrangement not enough to invoke GAAR, ‘participation’ is pre-requisite: South Africa HC ABSA Bank…
IT JudgementSum received by NR for sale of computer software through EULAs not taxable as royalty: SC6 years agoSum received by NR for sale of computer software through EULAs not taxable as royalty: SC Engineering Analysis Centre…
Income TaxGet Ready: Fast Tag data integration with the e-way bill system set to move the Business from Unorganized Zone to Organised Zone6 years agoGet Ready: Fast Tag data integration with the e-way bill system set to move the Business from Unorganized Zone to…
Income TaxIn the absence of the notice under section 143(2), assessment framed by AO was liable to be quashed as invalid6 years agoIn the absence of the notice under section 143(2), assessment framed by AO was liable to be quashed as invalid…
IT JudgementDeduction under section 80P(2) towards interest on deposits of savings bank account held with Kotak Mahindra Bank as a business requirement6 years agoDeduction under section 80P(2) towards interest on deposits of savings bank account held with Kotak Mahindra Bank as a business requirement…
IT JudgementValidity of Addition towards sale proceeds of the agricultural produce if Assessee produced all the documentary evidences towards ownership of land and towards carrying on agricultural activities6 years agoValidity of Addition towards sale proceeds of the agricultural produce if Assessee produced all the documentary evidences towards ownership of land…
IT JudgementBombay HC allowed a writ petition for application under Viwad Se Vishwas even when prosecution was launched6 years agoBombay HC allowed a writ petition for application under Viwad Se Vishwas even when prosecution was launched Case: Macrotech Developers…
Income TaxThe country needs to come out of this tax culture that ‘businesses are all fraudulent!’ Even where 12 crore tax has been paid, just because some tax is still due, you can’t start attaching property6 years agoThe country needs to come out of this tax culture that ‘businesses are all fraudulent!’ Even where 12 crore tax…
Income TaxAn Overview of Recent Amendment in Tax Audit Report in Form No 3CD: CA Sahil Dhingra6 years agoAn Overview of Recent Amendment in Tax Audit Report in Form No 3CD: CA Sahil Dhingra An Overview of…
Income TaxNotificationCapital Gain exemption couldn’t be disallowed if investment is made by assessee in his wife’s name6 years agoCapital Gain exemption couldn’t be disallowed if investment is made by assessee in his wife’s name Shankar Lal Kumawat v.…
Income TaxAll you need to know about Senior Citizen Saving Scheme6 years agoAll you need to know about Senior Citizen Saving Scheme Senior Citizen Saving Scheme was initiated by the…
IT JudgementExemption under section 11 could not be denied on the ground that the audit report was not filed online along with the return.6 years agoExemption under section 11 could not be denied on the ground that the audit report was not filed online along…