Income TaxDecoding Capital Gains Tax: Exemption Strategies under the 12.50% and 20% Rates2 years agoDecoding Capital Gains Tax: Exemption Strategies under the 12.50% and 20% Rates Every new tax law & amendments comes…
Income TaxBonafide purchasing dealers should not be denied ITC for non compliance of selling dealers2 years agoBonafide purchasing dealers should not be denied ITC for non compliance of selling dealers Here is an interest case…
Income TaxWhether separate written retraction requirement is fastened upon assessee either u/s 133A or any other provisions of the Act?2 years agoWhether separate written retraction requirement is fastened upon assessee either u/s 133A or any other provisions of the Act? …
Income TaxCBDT issues clarification in respect of Income-tax clearance certificate (ITCC).2 years agoCBDT issues clarification in respect of Income-tax clearance certificate (ITCC). It is being erroneously reported that all Indian citizens…
Income TaxCredit co-operative societies are eligible for deduction U/s 80P(2)(a)(i) in respect of interest income from its investment: Nagpur ITAT2 years agoCredit co-operative societies are eligible for deduction U/s 80P(2)(a)(i) in respect of interest income from its investment: NagpurΒ ITAT Disallowance…
Income TaxActivity already commenced prior to Provisional Registration cannot be the ground for rejection of Section 80G Registration: Nagpur ITAT2 years agoActivity already commenced prior to Provisional Registration cannot be the ground for rejection of Section 80G Registration: Nagpur ITAT …
Income TaxITAT Mumbai deleted Penny Stock Addition2 years agoITAT Mumbai deleted Penny Stock Addition In a recent case, Mumbai ITAT deleted the addition on account of penny…
Income TaxTax Clearance Certificate for Foreign Travel: Confusion & Clarification2 years agoTax Clearance Certificate for Foreign Travel: Confusion & Clarification There is fake news which is highly circulating in the…
Income TaxInstruction to consult the GST Policy Wing or TRU, before concluding audits involving conflicting interpretations of CGST provisions due to prevalent trade practices issued by CBIC.2 years agoInstruction to consult the GST Policy Wing or TRU, before concluding audits involving conflicting interpretations of CGST provisions due to…
Income TaxπΒ π¬πππ©Β ππ¨Β π’πππ§ππ’ππ²Β π ππ€πΒ πππΒ π«ππ π’π¬ππ«πππ’π¨π§π¬!2 years agoπΒ π¬πππ©Β ππ¨Β π’πππ§ππ’ππ²Β π ππ€πΒ πππΒ π«ππ π’π¬ππ«πππ’π¨π§π¬! The CBIC is launching a 2-month Special Drive starting August 16 to crack down on fake GST registrations,…
Income TaxBye-Bye DSC: Tax Audit Report can be approved without DSC2 years agoBye-Bye DSC: Tax Audit Report can be approved without DSC One of the biggest uses of DSC was under…
Income TaxTDSPartnership Firms and LLPs: Enhanced Deductions with New TDS Obligations2 years agoPartnership Firms and LLPs: Enhanced Deductions with New TDS Obligations In recent years, the Government has introduced concessional tax…
Income TaxIs providing a personal hearing in a faceless assessment scenario mandatory even if not asked for?2 years agoIs providing a personal hearing in a faceless assessment scenario mandatory even if not asked for? In a recent…
Income TaxIs it mandatory for every company to maintain fixed assets register since incorporation?2 years agoIs it mandatory for every company to maintain fixed assets register since incorporation? ROC asked the company to produce…
Income TaxWhether the new capital gain tax regime regarding non-financial assets is unfair to the extent it ignores time value of money?2 years agoWhether the new capital gain tax regime regarding non-financial assets is unfair to the extent it ignores time value of…
Income TaxRestricted benefit of lower capital gain tax @12.50%2 years agoRestricted benefit of lower capital gain tax @12.50% The budget has been passed by both the houses of Parliament…
Income TaxShare buyback: another emerging front for a long drawn tax litigation2 years agoShare buyback: another emerging front for a long drawn tax litigation Sub-clause (f) has been inserted in section 2(22)…
Income TaxDividend not deposited in separate bank account within 5 days due to Holiday: Validity of penalty imposed?2 years agoDividend not deposited in separate bank account within 5 days due to Holiday: Validity of penalty imposed? Section 123(4)…