Income TaxPresence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule2 months agoPresence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule A recurring controversy…
Income TaxPF INTEREST AFTER RESIGNATION: FACT VS. FICTION2 months agoPF Interest After Resignation: Fact vs. Fiction For many employees, leaving a job brings a wave of paperwork and…
Income TaxAddition Under Section 69C Cannot Rest on Borrowed Satisfaction: ITAT Mumbai Draws a Clear Line2 months agoAddition Under Section 69C Cannot Rest on Borrowed Satisfaction: ITAT Mumbai Draws a Clear Line The tendency of the…
Income TaxCPC’s Mechanical Adjustments Under Section 143(1): When Form 29B Is Not Even Applicable2 months agoCPC’s Mechanical Adjustments Under Section 143(1): When Form 29B Is Not Even Applicable In recent weeks, a worrying trend…
Income Tax1128 Days’ Delay in Filing Form 10B Condoned: A Big Relief for Charitable Trusts2 months ago1128 Days’ Delay in Filing Form 10B Condoned: A Big Relief for Charitable Trusts One of the most…
Income TaxITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide2 months agoITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide For most taxpayers, 31st December…
Income TaxAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return2 months agoAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return If…
Income TaxPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC2 months agoPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC ACIT (Central Circle-13) v. State…
Income TaxInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai3 months agoInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai Samsara Shipping Pvt. Ltd. v. ITO (ITA No.:…
Income TaxVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition3 months agoVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition Ameeta Paramanand…
Income TaxOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert3 months agoOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert The copy of the order…
Income TaxJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC!3 months agoJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC! Just when we thought the debate on Jurisdictional Assessing…
Income TaxKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax3 months agoKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax [Query 1] I…
Income TaxGrammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat3 months agoGrammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat Just when we thought the debate on…
Income TaxBooks Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases3 months agoBooks Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases One…
Income TaxMumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural Justice3 months agoMumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural…
Income TaxWhether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded?3 months agoWhether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded? Addition under Section 68…
Income TaxFurnishing an Audit Report with the return is a procedural provision: Gujarat HC3 months agoFurnishing an Audit Report with the return is a procedural provision: Gujarat HC Hon’ble High Court condones delay of…