Benefit provided under section 10AA if Form No. 56F filed before the assessment was completed
Benefit provided under section 10AA if Form No. 56F filed before the assessment was completed The ITAT bench of Delhi…
Income Tax
The chamber of Tax consultant requests for deferring Form No. 10B & 10BB by one year or grant an extension of the due date for filing audit reports in Form 10B & 10BB and ITR-7 for the Assessment Year 2023-24.
The chamber of Tax consultant requests for deferring Form No. 10B & 10BB by one year or grant an extension…
Representation to defer the applicability of Form 10B and Form 10BB by one year considering the complexity involved in extracting the extensive information required by the new Form 10B/10BB by BCAS.
Representation to defer the applicability of Form 10B and Form 10BB by one year considering the complexity involved in extracting…
Whether Interest income need to be excluded while calculating the book profit for calculating the remuneration to partners?
Whether Interest income need to be excluded while calculating the book profit for calculating the remuneration to partners? Here…
If taxpayers has a history of cash sales, Cash deposited in bank during demonetization cannot be treated as unexplained money
If taxpayers has a history of cash sales, Cash deposited in bank during demonetization cannot be treated as unexplained money…
TDS Mismatch while filing income tax Return: Issue & Solution
TDS Mismatch while filing income tax Return: Issue & Solution Taxpayers are eligible for credit towards Tax Deduction…
New mechanism to claim TDS credit, where TDS credit was deducted in the subsequent year and income was claimed in the previous year:
New mechanism to claim TDS credit, where TDS credit was deducted in the subsequent year and income was claimed in…
Investment in Start Up: Reply to Ashneer Grover query by Income Tax Deptt.
Investment in Start Up: Reply to Ashneer Grover query by Income Tax Deptt. The copy of the order…
Housing loan deduction not claimed in the original ITR filed – Can it be claimed by filing application U/s 154?
Housing loan deduction not claimed in the original ITR filed – Can it be claimed by filing application U/s 154?…
Non Service of notice U/s 143(2) at the registered email id is bad in law – Cases remanded back for deciding it’s validity
Non Service of notice U/s 143(2) at the registered email id is bad in law – Cases remanded back for…
ITAT Mumbai directs AO to share information of money laundering operations with various agencies:
ITAT Mumbai directs AO to share information of money laundering operations with various agencies: Naresh Manakchand Jain (ITA…
NFRA imposes fine of Rs. 5 Lakh on CA, also debarred for 5 years
NFRA imposes fine of Rs. 5 Lakh on CA, also debarred for 5 years The copy of is…
Procedure to be followed with respect to section 83(2) of CGST Act, 2017 when provisional attachment of property ceases to have effect
Procedure to be followed with respect to section 83(2) of CGST Act, 2017 when provisional attachment of property ceases to…
CBDT reiterates commitment for speedy ITR processing, highlights reasons behind pendency
CBDT reiterates commitment for speedy ITR processing, highlights reasons behind pendency CBDT, vide press release dated 05.09.2023, notifies…
Original Return not filed: Section 80P deduction can be claimed while filing return Response to Notice under Section 148
Original Return not filed: Section 80P deduction can be claimed while filing return in response to Notice under Section 148…
Revised 2023 Tax Audit Guidance Note by ICAI
Revised 2023 Tax Audit Guidance Note by ICAI The copy of the order is as under: Tax Audit Guidance…
Tax Compliance Chart for August 2023
Tax Compliance Chart for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1 Income Tax TDS/TCS Liability…
Commission payment cannot be disallowed without any allegation regarding genuineness: Bombay HC
Commission payment cannot be disallowed without any allegation regarding genuineness: Bombay HC The Indian Hume Pipe Co. Ltd.…
