Income TaxWhy Your Salary Disappears by Mid-Month — And How to Stop It10 months agoWhy Your Salary Disappears by Mid-Month — And How to Stop It If you’re like most salaried professionals, your phone…
Income TaxCash deposit during Demonetization: ITAT deletes the addition as a trail of cash flow established the source of the deposits.10 months agoCash deposit during Demonetization: ITAT deletes the addition as a trail of cash flow established the source of the deposits.…
Income TaxAny debatable issues should be assessed under scrutiny assessment under section 143(3) & not through summary processing under Section 143(1)(a)10 months agoAny debatable issues should be assessed under scrutiny assessment under section 143(3) & not through summary processing under Section 143(1)(a)…
Income TaxCapital Gain Exemption: Separate floors of a singular house are not required to be considered as multiple residential houses10 months agoCapital Gain Exemption: Separate floors of a singular house are not required to be considered as multiple residential houses …
GSTIncome TaxAn overview of the provision related to GST on Road Transport Services10 months agoAn overview of the provision related to GST on Road Transport Services If your business relies on transporting goods…
Income TaxTaxpayers can file ITR 1 and ITR 4 ! Excel Utilities only released !10 months agoTaxpayers can file ITR 1 and ITR 4 ! Excel Utilities only released ! Excel Utilities of ITR-1 and…
Income TaxForeign Tax Credit (FTC) admissible even if there is a delay in filing of Form 6710 months agoForeign Tax Credit (FTC) admissible even if there is a delay in filing of Form 67 ITAT Pune in the…
Income TaxReopening under section 148 & not under section 153C is bad in law if it is based on incriminating materials, documents, electronic data seized from a third party, or statements recorded during the investigation10 months agoReopening under section 148 & not under section 153C is bad in law if it is based on incriminating materials,…
Income TaxForm 26A not filed by the assessee – Whether disallowance U/s 40(a)(ia) can be made even if the payee has already offered the income to tax in its ITR10 months agoForm 26A not filed by the assessee – Whether disallowance U/s 40(a)(ia) can be made even if the payee has…
Income TaxIs GST applicable on canteen and transport recoveries from Employees?10 months agoIs GST applicable on canteen and transport recoveries from Employees? In an AAR in the case of M/s Ferrero…
Income TaxTransaction which was bona fide and not aimed to avoid any tax liability would constitute a reasonable cause within the meaning of Section 273B10 months agoTransaction which was bona fide and not aimed to avoid any tax liability would constitute a reasonable cause within the…
Income TaxDelhi HC allows 54F deduction of Rs 90 Cr, where multiple floors of residential property were purchased10 months agoDelhi HC allows 54F deduction of Rs 90 Cr, where multiple floors of residential property were purchased Principal Commissioner…
Income TaxSuspicion cannot substitute evidence – No Addition under Section 69A in respect of cash of Rs. 1 Cr seized at Railway Station10 months agoSuspicion cannot substitute evidence – No Addition under Section 69A in respect of cash of Rs. 1 Cr seized at…
Income TaxReassessment Proceeding: Section 149(1)(b) of the Act would be satisfied if the cumulative value of the expenditure exceeds ₹ 50 lakhs provided that the same is related to an event or occasion.10 months agoReassessment Proceeding: Section 149(1)(b) of the Act would be satisfied if the cumulative value of the expenditure exceeds ₹ 50 lakhs provided…
Income TaxDigital Evidence in Tax Law: No 65B Certificate Needed, Rules Madras HC10 months agoDigital Evidence in Tax Law: No 65B Certificate Needed, Rules Madras HC In a landmark judgment (TS-487-HC-2025(MAD) – Vetrivel…
Income TaxThe TAX Talk Impact: Date Extended well in advance from 31st July to 15th September – Thanks to Finance Minister Smt. Nirmala Sitharaman10 months agoThe TAX Talk Impact: Date Extended well in advance from 31st July to 15th September – Thanks to Finance Minister Smt. Nirmala…
Income TaxInterest on compensation and enhanced compensation is an accretion to the compensation itself and so covered under the head Capital Gains: Kerala HC 10 months agoInterest on compensation and enhanced compensation is an accretion to the compensation itself and so covered under the head Capital…
Income Tax“Payable” in section 40(a)(ia) covers even cases where amount is paid & not restricted to amount payable: Jharkhand HC10 months ago“Payable” in section 40(a)(ia) covers even cases where amount is paid & not restricted to amount payable: Jharkhand HC …