Faceless Assessment: 34 Authorities notified by CBDT
Faceless Assessment: 34 Authorities notified by CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct…
Income Tax
Taxation of gifts & awards received by Sportsman & awards instituted by Central Government, State Government or other bodies
Taxation of gifts & awards received by Sportsman & awards instituted by Central Government, State Government or other bodies SECTION…
Audit not compulsory for businesses with turnover not exceeding Rs. 5 Cr: How to count the limit of 5% limit?
Audit not compulsory for businesses with turnover not exceeding Rs. 5 Cr: How to count the limit of 5% limit?…
Waiver of loan availed for purchase of Capital Asset & Income Tax Impact
Waiver of loan availed for purchase of Capital Asset & Income Tax Impact Loan waiver and settlement is one of…
No registration required for family arrangement done by way of memorandum of settlement: Supreme Court
No registration required for family arrangement done by way of memorandum of settlement: Supreme Court Ravinder Kaur Grewal & Ors.…
Hotel Bills exceeding Rs 20,000/- , Education fee exceeding Rs 1 Lakh, Business Class Flight Tickets, Lockers, under the scanner of Income Tax Department
Hotel Bills exceeding Rs 20,000/- , Education fee exceeding Rs 1 Lakh, Business Class Flight Tickets, Lockers, under the scanner…
“Any Sum Chargeable to Tax in India” in section 195: An interpretation by Supreme Court
“Any Sum Chargeable to Tax in India” in section 195: An interpretation by Supreme Court Section 195 requires the Tax…
Class or classes of person to whom provisions of section 139A shall not apply: Amendment in Rule 114AAB:
Class or classes of person to whom provisions of section 139A shall not apply: Amendment in Rule 114AAB: MINISTRY OF…
Procedure for Faceless Assessment Notified by CBDT
Procedure for Faceless Assessment Notified by CBDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No.…
Tax liability in case of AOP & BOI
Tax liability in case of AOP & BOI Income-tax: Often, the question is raised as to the tax calculatin in…
OCTAVIUS STEEL & CO. LTD. vs. ASSISTANT COMMISSIONER OF INCOME TAX
OCTAVIUS STEEL & CO. LTD. vs. ASSISTANT COMMISSIONER OF INCOME TAX ITAT, KOLKATA SPECIAL BENCH Dongzathang, President; R.P. Garg, Vice…
Whether an Income Tax survey proceedings u/s 133A of the Income Tax Act’1961 can be converted into an Income Tax Search and Seizure action u/s 132 of the Income Tax Act ‘1961
Whether an Income Tax survey proceedings u/s 133A of the Income Tax Act’1961 can be converted into an Income Tax…
Portuguese Civil Code & Income Tax Return Forms
Portuguese Civil Code & Income Tax Return Forms Income is normally taxed in the hands of the person who…
CBDT permitted issuance of Notice to the Assessee, asked to be sensitive in view of the hardships being faced by the taxpayers due to COVID 19
CBDT permitted issuance of Notice to the Assessee, asked to be sensitive in view of the hardships being faced by…
Paying Income Tax Online: Step-wise procedure
Paying Income Tax Online: Step-wise procedure Step-1 To pay taxes online, login to http://www.tin-nsdl.com > Services > e-payment : Pay Taxes Online…
Income Tax Survey power curtailed : Less Income Tax Survey in Days to come
Income Tax Survey power curtailed : Less Income Tax Survey in Days to come As of now, both Investigation wing…
Validity of assessment reopening if the Assessee has already disclosed the true and correct fact to AO during original assessment
Validity of assessment reopening if the Assessee has already disclosed the true and correct fact to AO during original assessment…
Vishwakarma Puja by a company cannot be allowed any deduction under s. 37(1): Chhtisgarh High Court
Vishwakarma Puja by a company cannot be allowed any deduction under s. 37(1): Chhtisgarh High Court Para 18 of the…
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