Income TaxCorrigendum to correct 50 error in Income Tax Bill – 2025 issued7 months agoCorrigendum to correct 50 error in Income Tax Bill – 2025 issued Within 2 days of its release, the…
Income TaxFAQ ON NEW INCOME-TAX BILL – 20257 months agoFAQ ON NEW INCOME-TAX BILL – 2025 I. Preliminary Chapter Answers to Frequently Asked Questions QI.1 What simplification has been…
Income TaxHow Brand New Income Tax Bill – 2025 is different from Income Tax Act – 19617 months agoHow Brand New Income Tax Bill – 2025 is different from Income Tax Act – 1961 The Union Finance…
Income TaxSec 68 addition limited to only current year cash credit: ITAT Mumbai7 months agoSec 68 addition limited to only current year cash credit: ITAT Mumbai DCIT Vs B. Braun Medical India Pvt…
Income TaxA short overview of the key provision of the New Income Tax Bill 2025:7 months agoA short overview of the key provision of the New Income Tax Bill 2025: The New Income Tax Bill –…
Income TaxNew Income Tax Bill 2025 Released with 536 section & 16 Schedule7 months agoNew Income Tax Bill 2025 Released with 536 section & 16 Schedule NEW INCOMETAX BILL, 2025 536 sections 16…
Income TaxBudget: Amendment in carry forward of losses-7 months agoBudget: Amendment in carry forward of losses- 1. Sec 72: Section 72 of the Income Tax Act provides that…
Income Tax87A Rebate: A Loophole or a Logic-defying Legislation? 7 months ago87A Rebate: A Loophole or a Logic-defying Legislation? The Indian tax system never ceases to surprise. Just when you…
Income TaxLand aggregator acting as a broker is not liable under Section 269SS as he does not receive the amount in his own right: ITAT Chennai7 months agoLand aggregator acting as a broker is not liable under Section 269SS as he does not receive the amount in…
Income TaxITAT don’t have power to review its order – Judgement delivered prior to Checkmate Services Pvt. Ltd would continue7 months agoITAT don’t have power to review its order – Judgement delivered prior to Checkmate Services Pvt. Ltd would continue In a significant…
Income TaxAdjustments u/s 143(1) cannot be made on debatable issues without proper verification: Delhi ITAT7 months agoAdjustments u/s 143(1) cannot be made on debatable issues without proper verification: Delhi ITAT Here is an important analysis…
Income TaxFaceless Assessment Scheme – CBI registered case against CA & Officers for Violation7 months agoFaceless Assessment Scheme – CBI registered case against CA & Officers for Violation CBI has registered a case against…
Income Taxओ शेयर मार्केट के शॉर्ट टर्म कैपिटल गैन……. एक भावनात्मक कहानी शॉर्ट टर्म कैपिटल गैन की…7 months agoओ शेयर मार्केट के शॉर्ट टर्म कैपिटल गैन……. एक भावनात्मक कहानी शॉर्ट टर्म कैपिटल गैन की… टैक्स के मामले…
Income TaxNo Penalty under Section 271D on Broker for Handling Cash Transactions: ITAT Chennai7 months agoNo Penalty under Section 271D on Broker for Handling Cash Transactions: ITAT Chennai ITAT Chennai recently has held that no…
Income TaxNo Disallowance under section 43B of Income tax on account of GST payable r.w.s. 143(1) intimation: Delhi ITAT7 months agoNo Disallowance under section 43B of Income tax on account of GST payable r.w.s. 143(1) intimation: Delhi ITAT Here…
Income TaxITAT invalidates Section 263 Revision against Limited Scrutiny Jurisdiction7 months agoITAT invalidates Section 263 Revision against Limited Scrutiny Jurisdiction Recently, ITAT has invalidated section 263 Revision against Limited Scrutiny…
Income TaxIf two views are possible and one of the views is taken by the AO then the CIT cannot exercise revisionary power under Section 2637 months agoIf two views are possible and one of the views is taken by the AO then the CIT cannot exercise…
Income TaxNo Reasons, No Valid Order: Bombay High Court Quashes Reassessment for Procedural Lapses7 months agoNo Reasons, No Valid Order: Bombay High Court Quashes Reassessment for Procedural Lapses The Bombay High Court, in Jayant Avinash…