Statutory and Tax Compliance Calendar for August 2023
Statutory and Tax Compliance Calendar for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
Income Tax
ITR Return filing statistics of Individuals
ITR Return filing statistics of Individuals The copy of the order is as under: WhatsApp Image 2023-08-01 at…
Withdrawal of registration of trust cannot be retrospective: ITAT Mumbai
Withdrawal of registration of trust cannot be retrospective: ITAT Mumbai Heart Foundation of India v. CIT (Mum.)(Trib.) (ITA…
Advisory: e-Invoice Exemption Declaration Functionality Now Available
Advisory: e-Invoice Exemption Declaration Functionality Now Available Dear Taxpayers, 1.GSTN is pleased to inform you that the e-Invoice Exemption Declaration…
Only profit element of bogus purchases are to be added to income, in case, sales are genuine: Bombay HC
Only profit element of bogus purchases are to be added to income, in case, sales are genuine: Bombay HC Ashwin…
National Pension Scheme (NPS) & Income Tax benefits
National Pension Scheme (NPS) & Income Tax benefits National Pension Scheme (NPS) India is a voluntary and long-term investment plan…
Loss from F & O can be set off against other Income
Loss from F & O can be set off against other Income Query 1] Whether loss in F & O…
Representation requesting for Extension of due for filing Income Tax Returns (Non-Audit and Salaried) for Assessment year 2023-24 By BJP Professional Cell ,Mumbai
Representation requesting for Extension of due for filing Income Tax Returns (Non-Audit and Salaried) for Assessment year 2023-24 By BJP…
Salaried Taxpayers: Whether offering FDR interest on accrual basis is mandatory?
Salaried Taxpayers: Whether offering FDR interest on accrual basis is mandatory? One of the common questions by many taxpayers…
Most common tax saving allowance and perquisite for salaried Taxpayers
Most common tax saving allowance and perquisite for salaried Taxpayers For salaried taxpayers, the option of tax planning or…
Bare Minimum Compliances by the Private Limited Company
Bare Minimum Compliances by the Private Limited Company There are various compliances which the private limited companies are…
ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared.
ITAT directs AO to recover capital gain tax from assessee after revising wife’s ITR where it was mistakenly declared. Shrikant…
CBDT Authorises CCIT/DGIT Rank Officials To Condone Delay In ITR-filing By Co-Operative Societies
CBDT Authorises CCIT/DGIT Rank Officials To Condone Delay In ITR-filing By Co-Operative Societies The Central Board of Direct Taxes (CBDT)…
Religious expenses exceeds 5% & so trust held to be ineligible for sec. 80G approval: ITAT Pune
Religious expenses exceeds 5% & so trust held to be ineligible for sec. 80G approval: ITAT Pune Shri Kalaram Sansthan_watermark…
Carrying of the physical copy of Invoice is mandatory. Soft copy is not valid: Calcutta HC
Carrying of the physical copy of Invoice is mandatory. Soft copy is not valid: Calcutta HC J.-K.-Jain-Buildtech-India-Pvt.-Ltd.-Vs-Assistant-Commissioner-Calcutta-High-Court (1)
Can interest on bank FDR be taxed at the time of its withdrawals?
Can interest on bank FDR be taxed at the time of its withdrawals? Query 1] I have…
Not followed the CBDT Circular: Court imposed cost on the CIT & ordered interest on refund @9%
Not followed the CBDT Circular: Court imposed cost on the CIT & ordered interest on refund @9% …
