Individual/ HUF are required to do TDS U/s 194B towards winning from games of any sort even if the business is newly started
Individual/ HUF are required to do TDS U/s 194B towards winning from games of any sort even if the business…
Income Tax
Validity of Penalty under section 271AAB towards Undisclosed investment found during search operation as there was no column in return to disclose the investment Inbox x
Income Tax Act, 1961, Section 271AAB Penalty under section 271AAB—Leviability—Undisclosed investment found during search operation—No column in return to disclose…
Revenue 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 Assessee
Revenue could not avoid processing of return under section 143(1) & granting of refund to assessee on ground that notice…
Direct Tax Vivad Se Vishwas Rules, 2020 : A Short Summary
Direct Tax Vivad Se Vishwas Rules, 2020 : A Short Summary – Rule 2 defines the terms…
Instructions to fill Forms under Vivad Se Vishwas Scheme in Direct Tax
Instructions to fill Forms under Vivad Se Vishwas Scheme in Direct Tax Instructions to fill Forms under Vivad Se…
Where 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 justified
Where assessee had submitted complete books of accounts with bills and vouchers at time of completion of assessment under section…
Vivad Se Vishwas Scheme – Rules & Forms notified
Vivad Se Vishwas Scheme – Rules & Forms notified vivad se vishwas
Guidelines for Allotment Of Instant PAN Through Aadhaar Based e-KYC
Guidelines for Allotment Of Instant PAN Through Aadhaar Based e-KYC General scheme of Instant PAN allotment This facility is…
Processing of Statement /Forms related to Equalisation Levy
Eq levy SOP ITA CBDT 18032020.pdf Processing of Statement /Forms related to Equalisation Levy Eq levy SOP ITA CBDT 18032020
Interest received on advances is a Business Income or Income from Other Source?
Interest received on advances is a Business Income or Income from Other Source? Short Overview : Since lower authority had failed…
VIVAD SE VISHWAS ACT – 2020
VIVAD SE VISHWAS ACT – 2020 Finally, VIVAD SE VISHWAS bill got assent from the president and notified from 17.03.2020.…
Relief 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. Sahu
Relief u/s 54 i.e Exemption out of ‘LTCG’ earned on sale of Residential House Property can be claimed by…
Addition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large agricultural income
Addition under section 68 if Revised return of income filed to reduce agricultural income & failure to prove large…
Validity 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 AO
Validity of Initiation of proceedings u/s 153C in respect of assessment years not covered within period of six years…
GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners in hospital
GST: Allowability of Input tax credit on Supply of medicines used to provide medical facilities to employees and pensioners…
Transfer order of Commissioner of Income Tax (CIT)
Transfer order of Commissioner of Income Tax (CIT) Transfer order of Commissioner of Income Tax (CIT)
Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as exempt by assessee
Interesting case: Disallowance under section 14A for Expenditure against exempt income if No dividend income is not claimed as…
