Income TaxTechnical services provided to US residents are taxable in India only if make available condition is fulfilled: ITAT Delhi2 years agoTechnical services provided to US residents are taxable in India only if make available condition is fulfilled: ITAT Delhi …
Income TaxWhether the addition on the basis of such dumb document is sustainable or not?2 years agoWhether the addition on the basis of such dumb document is sustainable or not? The addition on the basis…
Income TaxTaxpayers to get a choice – Whether to pay tax @20% with indexation or 12.50% with Indexation2 years agoTaxpayers to get a choice – Whether to pay tax @20% with indexation or 12.50% with Indexation Finallly, Indexation…
Income TaxInternational tax perspective in the budget:2 years agoInternational tax perspective in the budget: . 1. Equalisation levy- It is proposed that this equalisation levy at the rate…
Income TaxFM proposes amendment to Finance Bill, 2024:2 years agoFM proposes amendment to Finance Bill, 2024: 1. Grandfathering provision for long-term capital gains (LTCG) on transfer of land…
Income TaxForeign allowance for services rendered outside India is not taxable in India: ITAT Kolkata2 years agoForeign allowance for services rendered outside India is not taxable in India: ITAT Kolkata Santanu Sanyal Vs ACIT (ITAT…
Income TaxIncome Tax dept begins scrutiny in reassessment cases for AY-2018-19:2 years agoIncome Tax dept begins scrutiny in reassessment cases for AY-2018-19: The income-tax (I-T) department has started scrutinising cases for…
Income TaxNo pick and choose method permissible, if the part entries of dumb documents accepted then balance cannot be denied: ITAT Hyderabad2 years agoNo pick and choose method permissible, if the part entries of dumb documents accepted then balance cannot be denied: ITAT…
Income TaxBye Bye Indexation: LTCG rate reduced to 12.50% from 20%2 years agoBye Bye Indexation: LTCG rate reduced to 12.50% from 20% Effective from 23rd July 2024, the tax rate on Long…
Income TaxAQs issued by CBDT on the new capital gains tax regime proposed in the Union Budget 2024-252 years agoAQs issued by CBDT on the new capital gains tax regime proposed in the Union Budget 2024-25 Posted On: 24…
Income TaxPropagation of Vedic thoughts and philosophy cannot be attributed to any religion: Bangalore ITAT2 years agoPropagation of Vedic thoughts and philosophy cannot be attributed to any religion: Bangalore ITAT Denial of registration under section 80G by…
Income TaxTDSSupreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators2 years agoSupreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators Vodafone Idea Ltd (TS-547-SC-2024) Facts:…
Income TaxAn Overview of the Block assessments reintroduced by Union Budget -20242 years agoAn Overview of the Block assessments reintroduced by Union Budget -2024 1. There is a radical change brought in…
Income TaxCompliance Calendar for August’20242 years agoCompliance Calendar for August’2024 INCOME TAX ▪07th August 2024- Due date for payment of TCS/ TDS for the month…
Income TaxAmendments made in Form 3CD effective from AY 2024-25:2 years agoAmendments made in Form 3CD effective from AY 2024-25: Below are the clauses in which changes are made: 1.…
Income TaxTax Clearance Certificate for travelling abroad: Amendment in the budget and further clarification:2 years agoTax Clearance Certificate for travelling abroad: Amendment in the budget and further clarification: 1. Clarification by Government: The government…
Income TaxBeyond Logic: Buy Back of Shares and its taxation from 1st October 20242 years agoBeyond Logic: Buy Back of Shares and its taxation from 1st October 2024 One particular proposal of the Finance (No.2)…
Income TaxWhether gifts of shares made by a company will be liable to capital gain tax?2 years agoWhether gifts of shares made by a company will be liable to capital gain tax? Another interesting proposal made…