196 Income Tax Return per second – Time to believe Incredible India
196 Income Tax Return per second – Time to believe Incredible India Recent statistics of Income Tax return filing shows…
Income Tax
The fact that “long-term capital gains” on listed shares are exempt from tax does not mean that “long-term capital loss” on such shares is not available for set-off against taxable income.
The fact that “long-term capital gains” on listed shares are exempt from tax does not mean that “long-term capital loss”…
Where notice under section 143(2) issued against assessee was returned by postal authorities and thereafter no other notice was issued within stipulated period, it was palpable that there was no issuance of notice
Where notice under section 143(2) issued against assessee was returned by postal authorities and thereafter no other notice was issued…
Landmark Judgement: The eligibility for sales-tax exemption cannot be withdrawn under GST. Government cannot backtrack on its promise
Landmark Judgement: The eligibility for sales-tax exemption cannot be withdrawn under GST. Government cannot backtrack on its promise Once a…
Business Compliance Calendar for the month of September- 2019
Business Compliance Calendar for the month of September- 2019 Naresh Jakhotia Chartered Accountant www.theTaxTalk.com Special Caution: 15th September is the due…
New Income Tax provisions effective from 1st September 2019
New Income Tax provisions effective from 1st September 2019 Law changes not only from the beginning of the year but from…
CBDT has amended Rule 114 to facilitate interchangeability of PAN with Aadhaar
CBDT has amended Rule 114 to facilitate interchangeability of PAN with Aadhaar Notification No. 59/2019, dated 30-08-2019 The Finance (No.…
Cash withdrawal before 1/09/2019 won’t be subjected to TDS u/s 194N but same shall be counted in limit of Rs. 1 Cr. : CBDT
Cash withdrawal before 1/09/2019 won’t be subjected to TDS u/s 194N but same shall be counted in limit of Rs.…
Mere issue of a s. 148 notice is not sufficient. Service of notice to the Assessee is essential.
Mere issue of a s. 148 notice is not sufficient. Service of notice to the Assessee is essential: Bombay HC. If…
PMO Direct Involvement – Called information from CBDT On Withdrawal Of Low-Tax Effect Appeals By Dept
PMO Direct Involvement – Called information from CBDT On Withdrawal Of Low-Tax Effect Appeals By Dept The Prime Minister’s Office…
Agricultural Income of the Minor- Whether Required clubbing for rate purpose
Agricultural Income of the Minor- Whether Required clubbing for rate purpose The definition of income is not an…
Sabka Vishwas Dispute Resolution Scheme Notified.
Sabka Vishwas Dispute Resolution Scheme Notified. Sabka Vishwas Dispute Resolution Scheme Notified.
ITC of FY 2017-18 can be availed now!!
ITC of FY 2017-18 can be availed now!! “Input Tax” in relation to a taxable person, means the Goods and…
Step by Step Guide on Sabka Vishwas -(Legacy Dispute Resolution Scheme-2019.
Step by Step Guide on Sabka Vishwas – (Legacy Dispute Resolution Scheme-2019.) Step by Step Guide on Sabka Vishwas -(Legacy…
Interesting Ruling : Salwar / Churidhar sets, comprising of three pieces of cloths is to be classified as “Fabrics” or “articles of apparel and made up”?
Interesting Ruling : Salwar / Churidhar sets, comprising of three pieces of cloths is to be classified as “Fabrics” or…
HC through an interim order allowed assessee to manually rectify Form GSTR-3B
HC through an interim order allowed assessee to manually rectify Form GSTR-3B Panduranga Stone Crushers v. Union of India –…
Validity of assessment under section 153C if there is Non-recording of satisfaction by AO of searched person
Validity of assessment under section 153C if there is Non-recording of satisfaction by AO of searched person Short Overview: As…
It is obligatory on AO|s part to consider such ‘Notes’ while determining the book profit under section 115JB.
It is obligatory on AO|s part to consider such ‘Notes’ while determining the book profit under section 115JB. Short Overview:…
