Intricacies of Sec 43CA:
Intricacies of Sec 43CA: Introduction: 1. Tax on real estate or property transactions typically gets covered under capital gains.…
Income Tax
Allowability of provision/payment of Gratuity in Income Tax and its representation in Form 3CD
Allowability of provision/payment of Gratuity in Income Tax and its representation in Form 3CD Gratuity is the amount employees receive…
Income Tax benefits available to Ganpati Mandals:
Income Tax benefits available to Ganpati Mandals: Festive season is on and so it would be great to analyse…
Agriculturist is not required to maintain books of accounts U/S 44AA: ITAT Bangalore
Agriculturist is not required to maintain books of accounts U/S 44AA: ITAT Bangalore Shri Ganesh Vasudeva Shet (ITA No.…
Issue of addition vide intimation U/S 143(1) in the case of delay in payment of Employee Contribution of PF
Issue of addition vide intimation U/S 143(1) in the case of delay in payment of Employee Contribution of PF …
Where there is no substantial question of law, interference with the findings of Tribunal is not warranted: MP High Court
Where there is no substantial question of law, interference with the findings of Tribunal is not warranted: MP High Court…
Tax Clearance Certificate for Foreign Travel: Confusion & Clarification
Tax Clearance Certificate for Foreign Travel: Confusion & Clarification Recently, a piece of news circulated widely on social media…
Section 2(22)(e) covers only direct benefit received by the shareholder from any payment made by the company, and not indirect benefit derived from any other transaction.
Section 2(22)(e) covers only direct benefit received by the shareholder from any payment made by the company, and not indirect…
Guidelines for better administration by tax officers issued by Commercial Tax Department, Chennai
Guidelines for better administration by tax officers issued by Commercial Tax Department, Chennai There are certain things in life…
Filing Form 10/10B is merely directory in nature and failure to furnish Form 10/10B before the due date cannot be so fatal as to deny the claim of exemption under section 11(2): ITAT Hyderabad
Filing Form 10/10B is merely directory in nature and failure to furnish Form 10/10B before the due date cannot be so fatal as…
ROC imposed penalty on a company for contravention of Section 90(4A) and Section 90(5) of the Companies Act, 2013
ROC imposed penalty on a company for contravention of Section 90(4A) and Section 90(5) of the Companies Act, 2013 …
360 Degree overview of the E-disputes Resolution Scheme – 2022
360 Degree overview of the E-disputes Resolution Scheme – 2022 By the Finance Act -2021, the Government has added section…
ITAT Mumbai started following Hexaware Technologies
ITAT Mumbai started following Hexaware Technologies Hexaware Technologies is the most talked about case after the Ashish Agrawal Judgement…
Assessments under central charge and international taxation would have to be completed under faceless assessment scheme: Bombay HC
Assessments under central charge and international taxation would have to be completed under faceless assessment scheme: Bombay HC Facts:…
Mandatory faceless procedure for issuing notices under section 148 does not exclude Central Charges and International Taxation charges: Bombay High Court
Mandatory faceless procedure for issuing notices under section 148 does not exclude Central Charges and International Taxation charges: Bombay High…
Department may centralize assessment if there are sufficient reasons: Bombay High Court upholds transfer order U/s 127
Department may centralize assessment if there are sufficient reasons: Bombay High Court upholds transfer order U/s 127 Facts: 1. …
Compliance Calendar for September’2024 Revised
Compliance Calendar for September’2024 Revised INCOME TAX ▪ 07th September 2024 – Due date for payment of TCS/ TDS…
Taxation of LTCG for non residents post amendments by Finance Act 2024:
Taxation of LTCG for non residents post amendments by Finance Act 2024: 1. Under the Finance Act 2024, significant…
