15% Corporate Tax Rate for all Companies ?
15% Corporate Tax Rate for all Companies ? Govt. will consider extending deadline of March 31, 2023 to take benefit…
Income Tax
Suspicion, howsoever strong, could not be reason for making additions and it could not replace evidence on record
Suspicion, howsoever strong, could not be reason for making additions and it could not replace evidence on record Short Overview…
SYNOPSIS OF ALL THE CHANGES IN ITR- 1 to 7. Also know the changes in the ITR-V mechanisms in the new ITR filing Rules
SYNOPSIS OF ALL THE CHANGES IN ITR- 1 to 7. Also know the changes in the ITR-V mechanisms in the…
TaxAuthorities have power to declare transactions as Impermissible Avoidance Arrangement : Time to avoid aggressive tax planning
TaxAuthorities have power to declare transactions as Impermissible Avoidance Arrangement : Time to avoid aggressive tax planning Across the…
Downfall in the Tax Collection : CBDT issued clarificatory press Release
Downfall in the Tax Collection : CBDT issued clarificatory press Release Government of India Department of Revenue Ministry of Finance…
New Income Tax Return (ITR) Forms & New Disclosures Requirements
New Income Tax Return (ITR) Forms & New Disclosures Requirements New Income Tax Returns forms for the FY 2019-20…
GST : Order for release of vehicle could not be passed if assessee failed to discharge the burden envisaged under the Act
GST : Order for release of vehicle could not be passed if assessee failed to discharge the burden envisaged under…
Initiation of penalty proceeding on one ground and levying of penalty on different ground : Interesting Observation as to validity of Penalty Imposition
Initiation of penalty proceeding on one ground and levying of penalty on different ground : Interesting Observation as to validity…
Addition under section 68 : No particular occasion required for gifts made out of natural love and affection
Addition under section 68 : No particular occasion required for gifts made out of natural love and affection short Overview…
Interest expenses on loan advanced to sister concern at nil rate for earning interest income & AO allegation of commercial expediency
Interest expenses on loan advanced to sister concern at nil rate for earning interest income & AO allegation of commercial…
If Assessee has inserted some figures, which are not in coherence with the other figures in the income tax return, it is a mistake apparent from the record which can be rectified u/s 154
If Assessee has inserted some figures, which are not in coherence with the other figures in the income tax return,…
Sale proceeds on sale of rubber trees and timber cannot be brought to tax under Rule 7A
Sale proceeds on sale of rubber trees and timber cannot be brought to tax under Rule 7A [2020] 116 taxmann.com 851 (Cochin…
Examination of Prospective Financial Statement
Examination of Prospective Financial Statement 5_6251074399655428374
Business disallowance under section 40(a)(ia) for Non-deduction of tax at source on Retainership fee paid by assessee & shown as salary by recipient in their return
Business disallowance under section 40(a)(ia) for Non-deduction of tax at source on Retainership fee paid by assessee & shown as…
Validity of Addition to income due to Difference in stock noticed during survey if Assessee duly reconciled discrepancy with positive material
Validity of Addition to income due to Difference in stock noticed during survey if Assessee duly reconciled discrepancy with positive…
Capital gains: Whether AO has power to refer the matter to DVO and deny the valuation report as on 1-4-1981 of a registered valuer?
Capital gains: Whether AO has power to refer the matter to DVO and deny the valuation report as on 1-4-1981…
Expenditure against exempt income & it’s Applicability with respect to profit share arising from partnership
Expenditure against exempt income & it’s Applicability with respect to profit share arising from partnership Short Overview : Provisions of section…
Settling Tax Disputes by Vivad Se Vishwas Scheme – 2020
Settling Tax Disputes by Vivad Se Vishwas Scheme – 2020. To reduce the pending income tax litigation & unlock the blocked…
