Income Tax6 Key changes in New ITR 4 (Sugam) for AY 2020-216 years ago6 Key changes in New ITR 4 (Sugam) for AY 2020-21 Following are 6 Key changes in new ITR 4…
Income TaxIs it compulsory to make the payment of tax before filing an appeal with Commissioner of Income Tax (Appeal)?6 years agoIs it compulsory to make the payment of tax before filing an appeal with Commissioner of Income Tax (Appeal)? Reply:…
Income TaxThe Central Board of Indirect Taxes and Customs (CBIC) issues the Frequently asked questions (FAQs) on Electronic Invoice (E-Invoice) system6 years agoThe Central Board of Indirect Taxes and Customs (CBIC) issues the Frequently asked questions (FAQs) on Electronic Invoice (E-Invoice) system…
Income TaxThe Central Board of Direct Taxes ( CBDT ) notifies Form ITR 1 and ITR 4 for the Assessment Year 2020 – 21.6 years agoThe Central Board of Direct Taxes ( CBDT ) notifies Form ITR 1 and ITR 4 for the Assessment Year…
Income TaxCapital Gain Taxation: Computation & Tax Saving options6 years agoCapital Gain Taxation: Computation & Tax Saving options Query 1] My friend’s Mother (78 years) had sold double storied…
IT JudgementBusiness disallowance under section 40(a)(ia): There is nothing to disallow when there is shortfall in deduction of TDS.6 years agoBusiness disallowance under section 40(a)(ia): There is nothing to disallow when there is shortfall in deduction of TDS. Short Overview…
Income TaxSociety accepting deposits only from members can’t be held to be engaged in ‘banking business’; No exemption u/s 194A6 years agoSociety accepting deposits only from members can’t be held to be engaged in ‘banking business’; No exemption u/s 194A Chirayinkeezhu…
IT JudgementMere participation in proceedings or acquiescence would not confer jurisdiction upon AO who otherwise was not the AO of Assessee6 years agoMere participation in proceedings or acquiescence would not confer jurisdiction upon AO who otherwise was not the AO of Assessee…
IT JudgementExpenditure on renovation of building taken on lease is a capital expenditure or revenue expenditure ?6 years agoExpenditure on renovation of building taken on lease is a capital expenditure or revenue expenditure ? short overview : Expenditure on…
Income TaxAll about filing of Appeal with Commissioner of Income Tax (Appeal)6 years agoAll about filing of Appeal with Commissioner of Income Tax (Appeal) Taxpayer is aggrieved by an order of the…
GSTNotificationExchange Rates Notification No. 01/2020 -Customs (NT) Dated 02.01.20206 years agoExchange Rates Notification No. 01/2020 -Customs (NT) Dated 02.01.2020 Exchange Rates Notification No. 01/2020 -Customs (NT) Dated 02.01.2020
IT JudgementDisallowance of expenses paid to relativeu/s 40A(2) : It is for the AO to make-out a case that the expenditure incurred is excessive or unreasonable having regard to the fair market value of such services.6 years agoDisallowance of expenses paid to relativeu/s 40A(2) : It is for the AO to make-out a case that the expenditure…
IT JudgementAppeal filed without paying tax due on returned income is defective but not void : Mumbai ITAT6 years agoAppeal filed without paying tax due on returned income is defective but not void : Mumbai ITAT Case: – Bhumiraj…
NotificationIntimation of the new official email id i.e. inv-customs@gov.in6 years agoIntimation of the new official email id i.e. inv-customs@gov.in Intimation of the new official email id i.e. inv-customs@gov.in
Income TaxWhether 20% tax payment is compulsory for stay of demand under the Income Tax Act – 1961?6 years agoWhether 20% tax payment is compulsory for stay of demand under the Income Tax Act – 1961? Income-tax department is…
Income TaxClarification on Requirement of tax deduction at source in case of corporations whose income is exempted under Section 10(26BBB) of the Income-tax Act, 1961 Exemption thereof.6 years agoClarification on Requirement of tax deduction at source in case of corporations whose income is exempted under Section 10(26BBB) of…
NotificationCentral Tax Notification- seeks to make amendment (2020) to CGST Rules6 years agoCentral Tax Notification- seeks to make amendment (2020) to CGST Rules notfctn-02-central-tax-english-2020 (1)