Income TaxTaxpayers Facing Assessments Due to ITC Claimed Under the Wrong Head- Relief by Kerala HC1 year agoTaxpayers Facing Assessments Due to ITC Claimed Under the Wrong Head- Relief by Kerala HC Taxpayers undergoing assessments for ITC…
Income TaxDepending on your country of residence, you could save a good chunk capital gains tax.1 year agoDepending on your country of residence, you could save a good chunk capital gains tax. Here’s how you can…
Income TaxDirect Tax Vivad se Vishwas Scheme 2024: Time to Early Resolve Your Tax Disputes!1 year agoDirect Tax Vivad se Vishwas Scheme 2024: Time to Early Resolve Your Tax Disputes! The Direct Tax Vivad se…
Income TaxJAO Vs. FAO: The Jurisdictional Battle continues1 year agoJAO Vs. FAO: The Jurisdictional Battle continues Recently, Madras High Court in the case of Mark Studio India Private…
Income TaxE-invoicing software solutions to Indian Company is taxable as “Fee for Technical Services” (FTS) taxable under Indian law.1 year agoE-invoicing software solutions to Indian Company is taxable as “Fee for Technical Services” (FTS) taxable under Indian law. The…
Income Tax10 Points to consider for filing Revised Income Tax Returns [Last Date: December 31, 2024]1 year ago10 Points to consider for filing Revised Income Tax Returns [Last Date: December 31, 2024] The tax season is…
Income TaxUpdate on Rebate u/s 87A: Bombay High Court Relief1 year agoUpdate on Rebate u/s 87A: Bombay High Court Relief The Chamber of Tax Consultants filed a PIL before the…
Income Taxother topicRelaxation in the provisions for availing VSV Scheme II.1 year ago Relaxation in the provisions for availing VSV Scheme II. The copy of the order is as under: Representation to…
Income TaxCondonation of delay in the case of Income Tax Appeals:1 year agoCondonation of delay in the case of Income Tax Appeals: 1. Limitation Act: As per Section 5 of the…
Income TaxEven if the charitable trust is not registered u/s.12AA the entire gross receipts can’t be taxed and all legitimate deductions are allowable.1 year agoEven if the charitable trust is not registered u/s.12AA the entire gross receipts can’t be taxed and all legitimate deductions…
Income TaxCar registered in the name of another person – ITAT, Mumbai disallowed the claim of depreciation1 year agoCar registered in the name of another person – ITAT, Mumbai disallowed the claim of depreciation ITAT in the…
Income TaxWhether ITC is eligible in the absence of proof of the genuineness of transactions?1 year agoWhether ITC is eligible in the absence of proof of the genuineness of transactions? The Honorable Supreme Court in…
Income TaxCryptocurrency taxable as Capital Gain and eligible for exemption U/s 54F: Jodhpur ITAT1 year agoCryptocurrency taxable as Capital Gain and eligible for exemption U/s 54F: Jodhpur ITAT Here is an interesting case on…
Income TaxTransfer by way of gift pursuant to court order need to be considered at the actual cost in the hands of the recipient and eligible for deprecation: Delhi ITAT1 year agoTransfer by way of gift pursuant to court order need to be considered at the actual cost in the hands…
Income TaxCBDT launched E-campaign under the e-Verification Scheme, 2021 to reconcile discrepancies between your AIS & ITR1 year agoCBDT launched E-campaign under the e-Verification Scheme, 2021 to reconcile discrepancies between your AIS & ITR Recently, CBDT has…
Income TaxCIT (E) cannot deny registration U/s 12AB solely on the basis of a presumed commercial nature of the objects: ITAT, Indore.1 year agoCIT (E) cannot deny registration U/s 12AB solely on the basis of a presumed commercial nature of the objects: ITAT,…
Income TaxShares Gifted and recorded at Higher Value in the books – No tax U/s 56(2)(x): ITAT Mumbai1 year agoShares Gifted and recorded at Higher Value in the books – No tax U/s 56(2)(x): ITAT Mumbai The issue…
Income TaxWhether the GST Officers are empowered to seize cash at the time of raid of the premises of the assessee in exercise of their powers under Section 67(2) of the C.G.S.T. Act?1 year agoWhether the GST Officers are empowered to seize cash at the time of raid of the premises of the assessee…