TAXABILITY OF GIFTS—SOME INTERESTING ISSUES

Recent Posts

• Parent Can’t Be Taxed on Minor’s Capital Gains Blocked Under Court Supervision, Holds ITAT
• Telangana HC: Stock Market Trades Cannot Be Branded as GAAR Without Proof of Arrangement
• Significant Economic Presence Redefined: No SEP for Export Procurement under Finance Act 2025:
• A 1993 Property Deal: Court Says Over, Taxman Says Begin
• What if the charitable trust don’t file the income tax return within due date?
• CIRC of ICAI requested FM to extend the due date of Tax Audit Reports for FY 2024-25 from 30th Sept to 31st Dec 2025.
• VTPA Representation for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025–26
• VTPA Representation for extending the period of renewal for registration from 5 years to 10 years for the charitable trust who are required to apply for registration by 30th Sept 2025
• Demonetisation Cash Deposits to be Taxed as Business Income, Not Unexplained u/s 69A
• IT Dept Advisory – TDS/TCS Correction Window