Income TaxRegistered sale deed of an immovable property is not necessary to give rise to a transfer U/S 2(47):28 Aug at 5:48 am0Registered sale deed of an immovable property is not necessary to give rise to a transfer U/S 2(47): Smt.Sapnaben Dipakbhai…
Income TaxCBDT revamps the national website of the Income Tax Department for enhanced taxpayer experience, including a due-date alert function.26 Aug at 10:34 am0CBDT revamps the national website of the Income Tax Department for enhanced taxpayer experience, including a due-date alert function. …
Income TaxInadvertence on the part of the assessee to claim the credit for the advance tax while filing its return of income: AO is duty bound to give credit in the regular assessment26 Aug at 10:15 am0Inadvertence on the part of the assessee to claim the credit for the advance tax while filing its return of…
IT JudgementNotice issued u/s 148 without DIN is valid, if the assessee responded to manual notices: Allahabad HC26 Aug at 9:44 am0Notice issued u/s 148 without DIN is valid, if the assessee responded to manual notices: Allahabad HC “Chandra Bhan…
Income TaxCBDT Invites Comments on Draft Form No.6C for Inventory Valuation.26 Aug at 9:08 am0CBDT Invites Comments on Draft Form No.6C for Inventory Valuation. The Central Board of Direct Taxes (CBDT) has issued…
IT JudgementWhether CPC can propose adjustment in Intimation u/s 143(1)(a) and pass order u/s 154 without giving an opportunity of hearing as prescribed in Section 154(3)?26 Aug at 8:25 am0Whether CPC can propose adjustment in Intimation u/s 143(1)(a) and pass order u/s 154 without giving an opportunity of hearing…
Income TaxTaxation of Life Insurance Policies of premium exceeding Rs. 5 Lakh: An overview of CBDT Circular26 Aug at 8:08 am0Taxation of Life Insurance Policies of premium exceeding Rs. 5 Lakh: An overview of CBDT Circular CBDT has issued…
Income TaxWhether form 35A verified by the authorized representative (advocate of the Assessee) is legal?26 Aug at 7:17 am0Whether form 35A verified by the authorized representative (advocate of the Assessee) is legal? The Finance Act, 2009…
Income TaxWithdrawal of registration of trust cannot be retrospective: ITAT Mumbai25 Aug at 10:51 am0Withdrawal of registration of trust cannot be retrospective: ITAT Mumbai Heart Foundation of India v. CIT (Mum.)(Trib.) (ITA No.…
Income TaxFinally, Form No. 10B utility for filing audit report of the Trust & NGO release25 Aug at 5:16 am0Finally, Form No. 10B utility for filing audit report of the Trust & NGO release The due date of filing…
Income TaxA mere cross charge of software for use in India, without transfer of copyright is not taxable in India: ITAT Delhi25 Aug at 5:05 am0A mere cross charge of software for use in India, without transfer of copyright is not taxable in India: ITAT…
Income TaxLLP Amnesty Scheme for Form No. 3, 4 & 1124 Aug at 5:28 am0LLP Amnesty Scheme for Form No. 3, 4 & 11 Form 3 & 4 can be filled without additional…
Income TaxCBDT Circular on taxation of online Games Income23 Aug at 5:41 am0CBDT Circular on taxation of online Games Income Circular No. 5 of 2023 No. 370142/12/2023 Government of India…
Income TaxAllahabad High Court condones delay in depositing tax under Direct Tax Vivad Se Vishwas Act23 Aug at 5:15 am0Allahabad High Court condones delay in depositing tax under Direct Tax Vivad Se Vishwas Act Digvendra Pratap Singh (WP…
Income TaxGuidelines issued by CBDT for taxing the income from life insurance policies with annual premium exceeding Rs 5 lakh21 Aug at 6:21 am0Guidelines issued by CBDT for taxing the income from life insurance policies with annual premium exceeding Rs 5 lakh …
Income TaxCBDT notifies Rule for determination of value of perquisite in respect of residential accommodation provided by employer21 Aug at 5:07 am0CBDT notifies Rule for determination of value of perquisite in respect of residential accommodation provided by employer The Finance…
Income TaxNew feature of “Challan Correction” introduced in Income Tax Portal19 Aug at 12:21 pm0New feature of “Challan Correction” introduced in Income Tax Portal The Income Tax India portal has introduced a…
Income Tax“Corporate Compliance Calendar for the m/o August, 2023”19 Aug at 7:19 am0“Corporate Compliance Calendar for the m/o August, 2023” About Article: This article contains various Compliance requirements for the…