Interesting Income Tax

Recent Posts

• Update on Rebate u/s 87A: Bombay High Court Relief
• GST On Subsidy Receipt From Government
• Relaxation in the provisions for availing VSV Scheme II.
• Condonation of delay in the case of Income Tax Appeals:
• GST Issues in Travel & Tourism Sector
• Even if the charitable trust is not registered u/s.12AA the entire gross receipts can’t be taxed and all legitimate deductions are allowable.
• Car registered in the name of another person – ITAT, Mumbai disallowed the claim of depreciation
• Whether ITC is eligible in the absence of proof of the genuineness of transactions?
• Cryptocurrency taxable as Capital Gain and eligible for exemption U/s 54F: Jodhpur ITAT
• Transfer by way of gift pursuant to court order need to be considered at the actual cost in the hands of the recipient and eligible for deprecation: Delhi ITAT