Income TaxGuidelines for Compounding of offences under the Income-Tax Act, 19612 years agoGuidelines for Compounding of offences under the Income-Tax Act, 1961 The copy of the order is as under: …
Income Taxother topicChanges in stamp duty rates in Maharashtra effective from 14.10.20242 years agoChanges in stamp duty rates in Maharashtra effective from 14.10.2024 The copy of the order is as under: 1145849819MaharashtraStampActAmendment-14.10.2024…
Income TaxRevenue shared with franchise doesn’t attract TDS liability U/S 194I if no actual services were rendered: Delhi ITAT2 years agoRevenue shared with franchise doesn’t attract TDS liability U/S 194I if no actual services were rendered: Delhi ITAT Facts:…
Income TaxAn assessee, who has failed to claim ‘Long Term Capital Loss’ in ITR, is allowed to seek revision under Section 264: Gujarat HC2 years agoAn assessee, who has failed to claim ‘Long Term Capital Loss’ in ITR, is allowed to seek revision under Section…
Income TaxGuidance Note 1/2024 on provisions of the Direct Tax Vivad se Vishwas Seheme, 20242 years agoGuidance Note 1/2024 on provisions of the Direct Tax Vivad se Vishwas Seheme, 2024 The copy of the order…
Income TaxPartition of a HUF & Income Tax Provision2 years agoPartition of a HUF & Income Tax Provision 1. Section 171 of the Income Tax Act provides the legal framework…
Income TaxRevised return can be filed even though it is time barred if it is pursuant to a scheme of amalgamation2 years agoRevised return can be filed even though it is time barred if it is pursuant to a scheme of amalgamation…
Income TaxLTCG Tax @ 12.50%: 54EC Bonds still a smart Investment?2 years agoLTCG Tax @ 12.50%: 54EC Bonds still a smart Investment? Taxpayers can save Long Term Capital Gain (LTCG) tax…
Income TaxCash deposited during demonetization as unexplained credit: Rejection of books of accounts u/s 145 & Addition u/s 68/69A with 115BBE –2 years agoCash deposited during demonetization as unexplained credit: Rejection of books of accounts u/s 145 & Addition u/s 68/69A with 115BBE…
Income TaxRCM Alert: Tenants Now Responsible for GST on Non-Residential Rentals!2 years agoRCM Alert: Tenants Now Responsible for GST on Non-Residential Rentals! In an effort to bring unregistered non-residential renting transactions…
Income TaxAn individual is a resident of the state in which he has center of vital interest: ITAT Mumbai2 years agoAn individual is a resident of the state in which he has center of vital interest: ITAT Mumbai Ashok…
Income TaxCBDT further extends the due date for submitting the Trust audit reports to 10 Nov 2024 AY 2023-242 years agoCBDT further extends the due date for submitting the Trust audit reports to 10 Nov 2024 AY 2023-24 The…
Income TaxUnjust Tax Demands: The Confusion over Rebate Under Section 87A2 years agoUnjust Tax Demands: The Confusion over Rebate Under Section 87A Many taxpayers are receiving the Income Tax Demand Notices…
Income TaxIf the construction of a building is integral to providing services such as renting, it may fall under the “plant” and eligible for ITC: Supreme Court in Safari Retreats Case2 years agoIf the construction of a building is integral to providing services such as renting, it may fall under the “plant”…
Income TaxTaxability of dividend received from foreign companies2 years agoTaxability of dividend received from foreign companies The term dividend has been defined in Section 2(22) in an inclusive…
Income TaxIncome Tax Demand Notices Vs . Disallowance of Rebate under section2 years agoIncome Tax Demand Notices Vs . Disallowance of Rebate under section Section Many taxpayers are currently receiving Income Tax…
Income TaxTOLA Will Continue To Apply To Income Tax Act After April 1, 2021 If Any Action Or Proceeding Falls For Completion Between March 20, 2020 & March 31, 2021: SC2 years agoTOLA Will Continue To Apply To Income Tax Act After April 1, 2021 If Any Action Or Proceeding Falls For…
Income TaxCompliance Calendar For October’ 20242 years agoCompliance Calendar For October’ 2024 INCOME TAX ▪ 07th October 2024- Due date for payment of TCS/ TDS for…