CBDT Clarification on Special Drive to Reopen Cases with Reference to HRA claims
CBDT Clarification on Special Drive to Reopen Cases with Reference to HRA claims The copy of the order is…
Income Tax
Option to choose valuation method under Section 56(2)(viib) read along with Rule 11UA(2) stand solely with the taxpayer.
Option to choose valuation method under Section 56(2)(viib) read along with Rule 11UA(2) stand solely with the taxpayer. Option…
Option to choose a valuation method for valuing shares rests solely with the assessee: Delhi HC
Option to choose a valuation method for valuing shares rests solely with the assessee: Delhi HC AGRA PORTFOLIO PVT.…
ITAT deletes addition of cash deposits made during demonetisation:
ITAT deletes addition of cash deposits made during demonetisation: Shivam Industries Radheshyam Sharma & Co. Vs ACIT (ITAT Delhi)…
Interest cannot be allowed as a deduction on loan used for buying agricultural land: Kerala HC
Interest cannot be allowed as a deduction on loan used for buying agricultural land: Kerala HC M/S. MINI…
CBDT Interim Action Plan for F.Y. 2024 – 2025
CBDT Interim Action Plan for F.Y. 2024 – 2025 The copy of the order is as under: CBDT…
Limit of Rs. 50 Lakh for investment in Capital Gain Bonds: Confusion & Clarification
Limit of Rs. 50 Lakh for investment in Capital Gain Bonds: Confusion & Clarification [Query 1] Kindly clarify the…
Unauthorized issuance of shared through public advertisement: MCA imposed fine of Rs. 7 Cr
Unauthorized issuance of shared through public advertisement: MCA imposed fine of Rs. 7 Cr The Ministry of Corporate Affairs…
ITAT deletes addition of cash deposits made during demonetization: Shivam Industries Radheshyam Sharma & Co. Vs ACIT (ITAT Delhi) Appeal Number : ITA No. 1612/Del/2021
ITAT deletes addition of cash deposits made during demonetization: Shivam Industries Radheshyam Sharma & Co. Vs ACIT (ITAT Delhi) Appeal…
Functionalities to file commonly used ITRs enabled by CBDT on 4st April, 2024: 23000 ITR Filed So Far.
Functionalities to file commonly used ITRs enabled by CBDT on 4st April, 2024: 23000 ITR Filed So Far. CBDT…
ITAT Indore upheld the peak credit & telescoping theory
ITAT Indore upheld the peak credit & telescoping theory ITAT Indore Bench has recently delivered an important judgment with…
No addition could be made under section 68 if Assessee has declared income under section 44AD: Mumbai ITAT
No addition could be made under section 68 if Assessee has declared income under section 44AD: Mumbai ITAT Here is an…
Compliance Calendar for April’2024
Compliance Calendar for April’2024 INCOME TAX ▪️07th April 2024- Due date for payment of TCS for the month of Mar’24.…
Sec. 234A interest can be waived off if tax was deposited immediately after receiving notice from AO: HC
Sec. 234A interest can be waived off if tax was deposited immediately after receiving notice from AO: HC Baso…
The Difference between the fair market value of the equity shares on the date of vesting of option and the date of exercise of option is an allowable expenditure : ITAT Mumbai
The Difference between the fair market value of the equity shares on the date of vesting of option and the…
Power of CIT (Exemption) for Condonation of delay up to 365 days in filing of Form No. Form No. 9A & Form No. 10
Power of CIT (Exemption) for Condonation of delay up to 365 days in filing of Form No. Form No. 9A…
Statutory and Tax Compliance Calendar for April 2024
Statutory and Tax Compliance Calendar for April 2024 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
Taxability of online games:
Taxability of online games: Introduction: Taxability of online winnings before the introduction of section 115BBJ of the Income Tax…
