Loss in F & O: Whether Audit is compulsory?
Loss in F & O: Whether Audit is compulsory? Query] I am a salaried taxpayer & have done few transactions…
Income Tax
Builder can have investment in land as stock in trade as well as Capital Assets
Builder can have investment in land as stock in trade as well as Capital Assets Here is one judgment by…
Capital Gain exemption u/s 54B can be allowed only if investment is done in the name of the assessee.
Capital Gain exemption u/s 54B can be allowed only if investment is done in the name of the assessee. Here…
₨40cr I-T refund scam busted, 8 consultants under scanner
₨40cr I-T refund scam busted, 8 consultants under scanner
Short Overview of the Decisions taken in the 50th GST Council meeting
Short Overview of the Decisions taken in the 50th GST Council meeting Here is a Brief of the 50th GST…
Clarification On Taxability Of Income Earned From Off-Shore Investments In Investment Fund Routed Through An AIF
Clarification On Taxability Of Income Earned From Off-Shore Investments In Investment Fund Routed Through An AIF Circular No. 14/2019 dated…
Appointment of Representative Assessee by NRI: An overview
Appointment of Representative Assessee by NRI: An overview Further, there are lot of other issues wherein the taxpayers are unable…
A new functionality launched to track the Income Tax Refund status:
A new functionality launched to track the Income Tax Refund status: 1. Previously, taxpayers had to check…
Tax-Saving Potential of Hindu Undivided Families (HUF)
Tax-Saving Potential of Hindu Undivided Families (HUF) Are you looking to optimize your tax planning and maximize savings? Consider exploring…
Correctness Of Information Available Cannot Be Gone Into Prior To Issuance Of Notice US 148 Income Tax Act-Allahabad High Court
Correctness Of Information Available Cannot Be Gone Into Prior To Issuance Of Notice US 148 Income Tax Act-Allahabad High Court…
15 Common Mistakes while filing Income Tax Returns
15 Common Mistakes while filing Income Tax Returns The final countdown for filing the Income Tax Returns (ITR) has begun.…
HC directed department to refund amount recovered from recipient since wrong GSTR-1 was filed by supplier
HC directed department to refund amount recovered from recipient since wrong GSTR-1 was filed by supplier Facts: The…
Reporting of Foreign Assets in the ITR Forms: What you should know
Reporting of Foreign Assets in the ITR Forms: What you should know Lot many residents are investing in foreign…
Representative Assessee in the Income Tax Law: Appointment and procedure
Representative Assessee in the Income Tax Law: Appointment and procedure There are lot of NRI who are not having…
No tax can be levied on the principles of estoppel: ITAT
No tax can be levied on the principles of estoppel: ITAT Cornet Hotel Services & Suppliers Pvt. Ltd. Versus…
Charitable Trust & Institution: Amendment in rules and in Form No. 10A & Form No. 10AB
Charitable Trust & Institution: Amendment in rules and in Form No. 10A & Form No. 10AB The copy of…
CBDT to keep close tabs on IVF clinics, Hotels & Others to add New Income Tax Return Filers
CBDT to keep close tabs on IVF clinics, Hotels & Others to add New Income Tax Return Filers 1. The…
ITC cannot be denied for the reason that the supplier registration has been cancelled with retrospective effect and on 07.07.2023 Even if the supplier is found fake or non-existent, ITC cannot be denied- Calcutta High Court
ITC cannot be denied for the reason that the supplier registration has been cancelled with retrospective effect and on 07.07.2023…
