Statutory and Tax Compliance Calendar for December 2023
Statutory and Tax Compliance Calendar for December 2023 Income Tax TDS/TCS Liability Deposit Nov-23 7-Dec-23 Due date of depositing TDS/TCS…
Income Tax
Women can be Karta of an HUF: Delhi HC
Women can be Karta of an HUF: Delhi HC MANU GUPTA Vs SUJATA SHARMA & ORS (Case No.: RFA(OS) 13/2016…
Advance tax is payable on capital gain Income also
Advance tax is payable on capital gain Income also [Query 1] As the share market is at an all…
Assessment Orders solely based on AIR information is unsustainable: ITAT Mumbai
Assessment Orders solely based on AIR information is unsustainable: ITAT Mumbai Facts: The assessee company is in the…
‘This is Not Emergency’ Guj HC slams I-T sleuths
‘This is Not Emergency’ Guj HC slams I-T sleuths
Maintenance of books of accounts by Trusts: Rule 17AA
Maintenance of books of accounts by Trusts: Rule 17AA Finance Act 2022 and Rule 17AA of the Income Tax Rules…
Reason to suspect is not reason to believe and cannot be a basis for reassessment proceedings: Delhi HC
Reason to suspect is not reason to believe and cannot be a basis for reassessment proceedings: Delhi HC Saraswati Petrochem…
Re-assessment proceedings without an approval as envisaged u/s 151 of the Act would be non-est and liable to be quashed:ITAT Dehradun
Re-assessment proceedings without an approval as envisaged u/s 151 of the Act would be non-est and liable to be quashed:ITAT…
Govt to mandate e-invoice for B2C transactions in 2-3 Years
Govt to mandate e-invoice for B2C transactions in 2-3 Years The copy of the order is as under: ITAT…
No disallowance u/s 40A(2)(b) on interest paid to related party without comparing it with FMV of rate of interest: ITAT
No disallowance u/s 40A(2)(b) on interest paid to related party without comparing it with FMV of rate of interest: ITAT…
ALL ABOUT REVERSE MORTGAGE SCHEME – 2008
ALL ABOUT REVERSE MORTGAGE SCHEME – 2008 There is no social security mechanism which is prevalent in India. One of…
I-T Official awarded six months in jail for slapping ticket checker at CSMT
I-T Official awarded six months in jail for slapping ticket checker at CSMT The copy of the order is…
Delhi HC recently had an occasion to consider the scope of section 263 vis a vis Non enquiry and inadequate enquiry.
Delhi HC recently had an occasion to consider the scope of section 263 vis a vis Non enquiry and inadequate…
Reverse Mortgage Scheme for Senior Citizens: An overview
Reverse Mortgage Scheme for Senior Citizens: An overview Majority of the retired individuals in India depend upon interest income from FDR,…
Start-up & Income Tax benefits to start-ups
Start-up & Income Tax benefits to start-ups Section 80-IAC provides for a deduction of 100 percent of profits from eligible…
Cash deposited during demonetization shall be treated as income from the business and taxable at normal rates: ITAT Chennai
Cash deposited during demonetization shall be treated as income from the business and taxable at normal rates: ITAT Chennai …
Rental income from let out property without any additional services is income from house property: ITAT Delhi
Rental income from let out property without any additional services is income from house property: ITAT Delhi Here is an…
GST Advisory for Pilot Project of Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Andhra Pradesh
GST Advisory for Pilot Project of Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Andhra Pradesh …
