Whether interest is payable u/s 234A if the tax is paid before the due date id filing the return?
Whether interest is payable u/s 234A if the tax is paid before the due date id filing the return? CBDT…
Income Tax
Tax rates for Assessment Year 2020-21 after Taxation Laws (Amendment) Ordinance, 2019
Tax rates for Assessment Year 2020-21 after Taxation Laws (Amendment) Ordinance, 2019 After the Taxation Laws (Amendment) Ordinance, 2019,…
Mandatory compliances for Private Limited Companies
Mandatory compliances for Private Limited Companies Not only tax laws, there are equally noticeable compliances to be done for the…
Taxation Laws (Amendment) Ordinance, 2019: Complete Provisions
Taxation Laws (Amendment) Ordinance, 2019: Complete Provisions Above Ordinance has amended Section 92BA, section 115BA Section 115JB, Section 115QA and…
Certain issues relating to filing of Forms ITR-5, ITR-6 and ITR-7 as clarified by CBDT
Certain issues relating to filing of Forms ITR-5, ITR-6 and ITR-7 as clarified by CBDT CBDT has vide Circular No.…
Amount received by the assessee from the HUF, being its member, is a capital receipt in his hands and is not exigible to income tax.
Amount received by the assessee from the HUF, being its member, is a capital receipt in his hands and is…
Lowest corporate tax rate of 17.16%: Conditions & Precuations
Lowest corporate tax rate of 17.16%: Conditions & Precuations With the steepest corporate tax rate cut, India is now at…
CBDT further Extend the due date for linking of PAN with Aadhaar from 30.09.2019 to 31.12.2019
CBDT further Extend the due date for linking of PAN with Aadhaar from 30.09.2019 to 31.12.2019 cbdt-further-extends-due-date-for-linking-of-aadhaar-with-pan-till-december-31-2019.aspx
Landmark Judgment : Notice under section 143(2) had not been issued and served to assessee at correct address within the period of limitation and therefore, entie assessment order was vitiated.
Landmark Judgment : Notice under section 143(2) had not been issued and served to assessee at correct address within the…
Non-quoting of reasons for reopening in reassessment notice and validity thereof
Non-quoting of reasons for reopening in reassessment notice and validity thereof short overview Non-quoting of reasons by AO in the…
Order issued by GST Authority on seizure of goods, imposition of tax & penalty is appealable under GST: Karnataka HC
Order issued by GST Authority on seizure of goods, imposition of tax & penalty is appealable under GST: Karnataka HC…
Section 68 additions is correct if assessee failed to prove identity of share applicants
Section 68 additions is correct if assessee failed to prove identity of share applicants INCOME TAX : Where revenue authorities…
CBDT Order extending the date from 30th September 2019 to 31st October 2019
CBDT Order extending the date from 30th September 2019 to 31st October 2019 Order-under-Section-119-of-the-IT-Act-1961-Extension-of-due-date
Modi Mission : CBDT has compulsorily retired yet another 15 very Higher senior officers of Income Tax Department
Modi Mission : CBDT has compulsorily retired yet another 15 very Higher senior officers of Income Tax Department Note 27.09.2019…
Once income had been treated as unexplained cash credit under section 68, it could not be treated as business income and, therefore, deduction under section 80P(2) could not be allowed
Once income had been treated as unexplained cash credit under section 68, it could not be treated as business income…
Whether Payment made by Assessee Hospital for catering services is a technical service liable for TDS U/s 194J ?
Whether Payment made by Assessee Hospital for catering services is a technical service liable for TDS U/s 194J ? short…
Landmark Judgement : Assessee could not be held liable for levy of late filing charges under section 234E for the period prior to June, 2015 in the absence of amendment to section 200A
Landmark Judgement : Assessee could not be held liable for levy of late filing charges under section 234E for the…
Whether recent date extension is applicable to Non audit cases of Companies, Trust and Societies or not?
Whether recent date extension is applicable to Non audit cases of Companies, Trust and Societies or not? Query: Whether date…
