How to file an appeal with ITAT?
How to file an appeal with ITAT? How to file an appeal with ITAT?
Income Tax
Transactions in Income Tax where PAN quoting is Mandatory
Transactions in Income Tax where PAN quoting is Mandatory Every person have to quote his permanent account number (PAN) in…
20 different Activities: Whether Agricultural income or not?
20 different Activities: Whether Agricultural income or not? Agricultural income is exempt from tax. Often the question arises whether activities…
Income Tax Survey: Frequently Asked Questions
Income Tax Survey: Frequently Asked Questions One of the most powerful weapon in the hand of income tax department is…
Presumptive scheme of Taxation – Need for Simplification & Reforms
Presumptive scheme of Taxation – Need for Simplification & Reforms In order to encourage ease of doing business, the Government…
Property remained vacant & in the peculiar facts of the case no addition on account of notional rent is warranted : Mumbai ITAT
Property remained vacant & in the peculiar facts of the case no addition on account of notional rent is warranted…
Limitation of Interest Deduction in Certain Cases [Section 94B]
Limitation of Interest Deduction in Certain Cases [Section 94B] BBVPB2096L-2019
5 Years Mandatory audit rule u/s 44AD is not applicable if the person has already offered income continuously for 6 years u/s 44AD:
5 Years Mandatory audit rule u/s 44AD is not applicable if the person has already offered income continuously for 6…
Payment for removal of encumbrances is a deductible expenditure while calculating capital gain?
Payment for removal of encumbrances is a deductible expenditure while calculating capital gain? Property disputes & litigation is common, more…
Purchase of property below stamp duty valuation : Whether Section 56(2)(vii)(b) Addition by adopting Land Value of Adjacent Area is unjustified?
Purchase of property below stamp duty valuation : Whether Section 56(2)(vii)(b) Addition by adopting Land Value of Adjacent Area is…
If no incriminating material was found during course of search to prove that assessee paid over and above what was stated in its books, there no justification to assume jurisdiction u/s 153C
If no incriminating material was found during course of search to prove that assessee paid over and above what was…
Whether Short jewellery found during search be treated as sold and capital gain attracted ?
Whether Short jewellery found during search be treated as sold and capital gain attracted ? Short Overview : There is no…
AMP expenditure incurred by assessee cannot come within purview of international transaction
AMP expenditure incurred by assessee cannot come within purview of international transaction Case Law Citation: – Joint Commissioner of Income…
CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data
CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data Ministry of Finance CBIC & CBDT sign…
Salaried Taxpayer & Choosing between Old Tax Regime vs. New Tax Regime
Salaried Taxpayer & Choosing between Old Tax Regime vs. New Tax Regime New Income Tax Regime or Old Regime, which…
All about Income from house property?
All about Income from house property? Is rental income from sub-letting chargeable to tax under the head “Income from house…
Applicability of section 50C & 56(2)(x) where agreement to sale was done before the date of its applicability
Applicability of section 50C & 56(2)(x) where agreement to sale was done before the date of its applicability Issue of…
More information to the Taxpayers in the revised 26AS
More information to the Taxpayers in the revised 26AS New Form 26AS is the Faceless hand-holding of the Taxpayers…
