Accumulation of income of trust

Recent Posts

• Carry forward of losses in the case of takeover of a company undergoing NCLT proceedings:
• GST Notice for the reason “High turnover but low Income Tax paid”
• CBDT Circular enhancing the monetary thresholds for filing appeals by the Department against orders passed in favor of the Assessee
• Income Tax Refund cannot be denied only on account of discrepancies in Form 26AS: Delhi HC
• Exemption u/s. 10(38) disallowed as sale of share was an affair to convert unaccounted money: ITAT Ahmedabad
• Understanding Deferred Tax Assets and Liabilities: An overview
• Can Input Tax Credit Under GST Be Availed Beyond the Time Limit?
• Major Recommendations of 54TH GST Council Meeting held on 09th September 2024
• Finance Act 2024: A Strategic Push towards the New Tax Regime
• Valuation report by the DVO alone cannot form a basis for reopening of completed assessment: Delhi HC