Income TaxA welcome move: SBI Starts a special demand loan due to COVID 19 crisis6 years agoSBI Starts a special demand loan due to COVID 19 crisis Max. 10% of the existing Fund Based Working Capital …
Income TaxIndividual/ HUF are required to do TDS U/s 194B towards winning from games of any sort even if the business is newly started6 years agoIndividual/ HUF are required to do TDS U/s 194B towards winning from games of any sort even if the business…
Income TaxValidity of Penalty under section 271AAB towards Undisclosed investment found during search operation as there was no column in return to disclose the investment Inbox x6 years agoIncome Tax Act, 1961, Section 271AAB Penalty under section 271AAB—Leviability—Undisclosed investment found during search operation—No column in return to disclose…
Income TaxRevenue could not avoid processing of return under section 143(1) & granting of refund to assessee on ground that notice under section 143(2) had been issued to Assessee6 years agoRevenue could not avoid processing of return under section 143(1) & granting of refund to assessee on ground that notice…
Income TaxDirect Tax Vivad Se Vishwas Rules, 2020 : A Short Summary6 years agoDirect Tax Vivad Se Vishwas Rules, 2020 : A Short Summary – Rule 2 defines the terms…
Income TaxInstructions to fill Forms under Vivad Se Vishwas Scheme in Direct Tax6 years agoInstructions to fill Forms under Vivad Se Vishwas Scheme in Direct Tax Instructions to fill Forms under Vivad Se…
Income TaxWhere assessee had submitted complete books of accounts with bills and vouchers at time of completion of assessment under section 143(3), reopening of assessment denying benefit of section 11 on basis of change of opinion was not justified6 years agoWhere assessee had submitted complete books of accounts with bills and vouchers at time of completion of assessment under section…
Income TaxVivad Se Vishwas Scheme – Rules & Forms notified6 years agoVivad Se Vishwas Scheme – Rules & Forms notified vivad se vishwas
Income TaxGuidelines for Allotment Of Instant PAN Through Aadhaar Based e-KYC6 years agoGuidelines for Allotment Of Instant PAN Through Aadhaar Based e-KYC General scheme of Instant PAN allotment This facility is…
Income TaxTDSProcessing of Statement /Forms related to Equalisation Levy6 years agoEq levy SOP ITA CBDT 18032020.pdf Processing of Statement /Forms related to Equalisation Levy Eq levy SOP ITA CBDT 18032020
IT JudgementInterest received on advances is a Business Income or Income from Other Source?6 years agoInterest received on advances is a Business Income or Income from Other Source? Short Overview : Since lower authority had failed…
Income TaxVIVAD SE VISHWAS ACT – 20206 years agoVIVAD SE VISHWAS ACT – 2020 Finally, VIVAD SE VISHWAS bill got assent from the president and notified from 17.03.2020.…
IT JudgementRelief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by the Assessee father where new Residential House property was purchased in the name of Son within the time allowed u/s 54 : Case Well Argued by CA. M.R. Sahu6 years ago Relief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by…
Income TaxAddition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large agricultural income6 years ago Addition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large…
Income TaxValidity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years from the DATE of recording of SATISFACTION NOTE by AO6 years ago Validity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years…
IT JudgementGST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners in hospital6 years ago GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners…
Income TaxTransfer order of Commissioner of Income Tax (CIT)6 years agoTransfer order of Commissioner of Income Tax (CIT) Transfer order of Commissioner of Income Tax (CIT)