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: BangaloreΒ ITAT2 years agoPropagation of Vedic thoughts and philosophy cannot be attributed to any religion: BangaloreΒ ITAT Denial of registration under section 80G by…
Income TaxTDSSupreme Court Upholds Vodafone Ideaβs Non-Liability for TDS on Payments to Non-Resident Telecom Operators2 years agoSupreme Court Upholds Vodafone Ideaβs 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 Augustβ20242 years agoCompliance Calendar for Augustβ2024 INCOME TAX βͺ07th 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 1stΒ October 20242 years agoBeyond Logic: Buy Back of Shares and its taxation from 1stΒ 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…
Income TaxDevelopment rights is not covered under section 56(2)(x): ITAT Mumbai2 years agoDevelopment rights is not covered under section 56(2)(x):Β ITAT Mumbai The main issue revolved around the alleged addition of…
Income Taxπ¨ππππππΒ πΊπππππΒ πππΒ π°πππππππΒ πππ Β π·ππππππΒ πΎπππππ vs. πΊπππππππππΒ πΎππππΒ πππΒ πΊπππππΒ πͺππΒ π©πΒ πΌπππππππ 2 years agoπ¨ππππππΒ πΊπππππΒ πππΒ π°πππππππΒ πππ Β π·ππππππΒ πΎπππππ vs. πΊπππππππππΒ πΎππππΒ πππΒ πΊπππππΒ πͺππΒ π©πΒ πΌπππππππ There is nππ°π₯π² ππ§π¬ππ«πππ πππππ’π¨π§ ππππ π¨π ππ‘π ππππ πππ and its implication in different situation…
Income TaxForeign assignment allowance received in India by a non-resident individual towards services rendered outside India will not fall within the scope of total income under section 5(2) of the Act2 years agoForeign assignment allowance received in India by a non-resident individual towards services rendered outside India will not fall within the…
Income TaxPenalty u/s 271G vis a vis Non-maintenance of documents for specified domestic transaction of purchase and sale to associated enterprises2 years agoPenalty u/s 271G vis a vis Non-maintenance of documents for specified domestic transaction of purchase and sale to associated enterprises…
Income TaxForeign Travel: No Income Tax Clearance certificate required in normal course2 years agoForeign Travel: No Income Tax Clearance certificate required in normal course There were a lot of rumors that now…
Income TaxA brief Overview of the Key Direct Tax Proposal in Union Budget 20242 years agoA brief Overview of the Key Direct Tax Proposal in Union Budget 2024 Amidst a lot ofΒ expectation,Β the inaugural budget…
Income TaxTDS on Remuneration to the Partner: Government must understand that the Power to Tax has a Power to Destroy2 years agoTDS on Remuneration to the Partner: Government must understand that the Power to Tax has a Power to Destroy …
Income TaxUnion BudgetΒ – 2024: RationalisationΒ ofΒ Tax Deducted at SourceΒ rates2 years agoUnion BudgetΒ – 2024: RationalisationΒ ofΒ Tax Deducted at SourceΒ rates ThereΒ areΒ variousΒ provisionsΒ ofΒ TaxΒ DeductionΒ atΒ SourceΒ (TDS)Β withΒ differentΒ thresholds and multiple rates between 0.1%, 1%, 2%, 5%, 10%, 20%, 30%…
Income TaxAbolition of Angel Tax in the Budget:2 years agoAbolition of Angel Tax in the Budget: 1. Introduction: Angel Tax, first introduced in the Union Budget 2012 by…