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Recent Posts

• Purchase of Rural agricultural land below its stamp duty valuation is taxable under section 56(2)(x)
• Common Mistakes to avoid in salary ITR Filing Mistakes
• Documents seized during a search can be valid basis for additions, even if they are in the form of personal diaries or informal records.
• 26QB Vs. 27Q: Wrong TDS Form by Buyer Can’t Deny NRI’s Tax Credit
• Merely passing an ex parte order by fulfilling the empty formalities will not serve any useful purpose: Madras HC
• ITAT Delhi Holds GoDaddy.com’s Revenues Not Taxable in India as Royalty or FTS
• Whether equity oriented funds are equivalent to shares from the standpoint of taxability under India Mauritius Treaty?
• Can India Tax Capital Gains from Foreign Share Buybacks? A Non-Resident’s Dilemma
• ITAT Delhi Accepts Cash Deposits as Salary Savings, Religious Practice and Lack of Other Income cited
• ITAT Visakhapatnam Upholds Telescoping: Rs. 1.25 Cr Marriage Expense Not Taxable in Individual Hands as Income Offered by Group Company