Income Taxother topicALL ABOUT REVERSE MORTGAGE SCHEME – 20083 years agoALL ABOUT REVERSE MORTGAGE SCHEME – 2008 There is no social security mechanism which is prevalent in India. One of…
Income Taxother topicI-T Official awarded six months in jail for slapping ticket checker at CSMT3 years agoI-T Official awarded six months in jail for slapping ticket checker at CSMT The copy of the order is…
TDSTDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar:3 years agoTDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar: …
Income TaxTDSIf deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS Rate3 years agoIf deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS…
IT JudgementTDSHigher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit3 years agoHigher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit …
Income Taxother topicOnline filing of Form 10F without PAN for a non resident not required to obtain a PAN:3 years agoOnline filing of Form 10F without PAN for a non resident not required to obtain a PAN: Form 10F is…
Income Taxother topicNotices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC3 years agoNotices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC Diversey India…
Income Taxother topicAssessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs 1128 Crores: Bombay HC3 years agoAssessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs…
Income Taxother topicStandard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The Faceless Assessment Provision of Section 144B of the Income-tax Act.3 years agoStandard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The…
Income Taxother topicCapital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court3 years agoCapital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court The Supreme court has laid down a…
TDSTDS to be deducted only on commission charges and not on gateway charges: ITAT3 years agoTDS to be deducted only on commission charges and not on gateway charges: ITAT M/s. Knowledge Hut Solutions…
Income Taxother topicTaxation of Joint Development Agreement with the builder by legal heir of Ancestral Property3 years agoTaxation of Joint Development Agreement with the builder by legal heir of Ancestral Property [Query 1] We have inherited the…
Income Taxother topicAn Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai3 years agoAn Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai Date:- 07/10/2023 To, Shri Devendra…
Income TaxTDSTDS Mismatch while filing income tax Return: Issue & Solution3 years agoTDS Mismatch while filing income tax Return: Issue & Solution Taxpayers are eligible for credit towards Tax Deduction…
GSTIncome Taxother topicTDSTax Compliance Chart for August 20233 years agoTax Compliance Chart for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1 Income Tax TDS/TCS Liability…
TDSCBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment years3 years agoCBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment…
TDSNew File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns3 years agoNew File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns New File Validation Utility…
TDSTDS not required to be deducted on commission paid to overseas agents: Delhi HC3 years agoTDS not required to be deducted on commission paid to overseas agents: Delhi HC Case Title: PCIT Versus…