Interest on Delayed Payment under Section 16 of the MSMED Act and its Allowability under the IT Act
Interest on Delayed Payment under Section 16 of the MSMED Act and its Allowability under the IT Act The…
Income Tax
30th April 2025- Last date for opting the Direct Tax Vivad se Vishwas, 2024 is 30 April 2025
30th April 2025- Last date for opting the Direct Tax Vivad se Vishwas, 2024 is 30 April 2025 For the…
Pune ITAT Declares Assessment Invalid as notice not served at Correct Address
Pune ITAT Declares Assessment Invalid as notice not served at Correct Address In Dhanottam Lonkar vs. ITO (ITA No.214/PUN/2022),…
Mutual Funds earned by a Singapore resident is not taxable in India unlike shares: ITAT Mumbai
Mutual Funds earned by a Singapore resident is not taxable in India unlike shares: ITAT Mumbai Anushaka Sanjay Shah (Ms)…
Length of delay is immaterial when there exists “sufficient cause”- ITAT condoned the delay of 1607 days
Length of delay is immaterial when there exists “sufficient cause”- ITAT condoned the delay of 1607 days ITAT Ahmedabad…
HC directed CBDT to apply VsV Scheme, 2024 to taxpayers where due date of filing of appeal has not expired
HC directed CBDT to apply VsV Scheme, 2024 to taxpayers where due date of filing of appeal has not expired…
Oops, Missed a TDS Claim? Here’s How You Can Still Claim It!
Oops, Missed a TDS Claim? Here’s How You Can Still Claim It! Query 1] I have filed my…
An overview of the ROC Compliance & Due Dates for the FY 2024-25
An overview of the ROC Compliance & Due Dates for the FY 2024-25 1. April 30, 2025 Form MSME-1 (Half-Yearly…
Hello Companies! Don’t Miss to file Form MSME-1 – The New Compliance!
Hello Companies! Don’t Miss to file Form MSME-1 – The New Compliance! For all companies in India dealing with…
ITAT, Delhi Quashes Penalty for Non-Compliance of Invalid Unsigned Notices Under Section 272A(1)(d)
ITAT, Delhi Quashes Penalty for Non-Compliance of Invalid Unsigned Notices Under Section 272A(1)(d) Recenlty, ITAT, Delhi Quashes Penalty for…
Would a gift given by step brother/ sister be exempt from tax?
Would a gift given by step brother/ sister be exempt from tax? Issue: 1. Assessee has received a property as…
Penalty u/s. 270A not leviable as order and notice failed to specify applicable limb: Pune ITAT
Penalty u/s. 270A not leviable as order and notice failed to specify applicable limb: Pune ITAT Deputy Commissioner Of…
Section 50C of the Act is applicable to a property held in leasehold right: Bombay HC
Section 50C of the Act is applicable to a property held in leasehold right: Bombay HC Recently, Bombay HC,…
Whether surcharge is applicable at respective surcharge slab rate or at maximum surcharge rate in case of the Private Discretionary Trust?
Whether surcharge is applicable at respective surcharge slab rate or at maximum surcharge rate in case of the Private Discretionary Trust?…
Permanent Registration of the Trust: There is no error in claiming exemption under ss. 11 and 12 of the Act when the trust was armed with provisional registration – Nagpur ITAT
Permanent Registration of the Trust: There is no error in claiming exemption under ss. 11 and 12 of the Act when…
Application under Section 12A (1)(ac)(vi)-Item ‘B of the IT Act, 1961 is not incorrect even if the trust has claimed any deduction under section 11/12 in earlier years: Nagpur ITAT
Application under Section 12A (1)(ac)(vi)-Item ‘B of the IT Act, 1961 is not incorrect even if the trust has claimed…
Redevelopment Scheme: Whether the difference between the stamp duty value of the new flat and the indexed cost of the old one as a taxable “gift” under Section 56(2)(x)?
Redevelopment Scheme: Whether the difference between the stamp duty value of the new flat and the indexed cost of the…
Where the reasons on the basis of which the reassessment proceedings were opened had been deleted; no other addition or disallowance on any other grounds, could be sustained
Where the reasons on the basis of which the reassessment proceedings were opened had been deleted; no other addition or…
