Income Tax

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September 26, 2024

Explanation to Sec. 14A Inserted by FA 2022 Is Applicable Prospectively | Gauhati HC

Case Details: Williamson Financial Services … Continue reading “Explanation to Sec. 14A Inserted by FA 2022 Is Applicable Prospectively | Gauhati HC”

Blog, News, Income Tax

September 25, 2024

[Opinion] Section 43B(h) Is Not Sacrosanct as It Does Not Consider Trade Terms

Dr (CA) Hemant O Sharma … Continue reading “[Opinion] Section 43B(h) Is Not Sacrosanct as It Does Not Consider Trade Terms”

Blog, Income Tax

September 25, 2024

TDS on Payments to Non-Residents under Section 195 – Key Provisions and Guidelines

TDS on Payments to Non-Residents … Continue reading “TDS on Payments to Non-Residents under Section 195 – Key Provisions and Guidelines”

Blog, News, Income Tax

September 25, 2024

Release of Rights in Co-Owned Property to Be Considered as Transfer on Date of Release Deed | ITAT

Case Details: Narendra Mahendra Kothari … Continue reading “Release of Rights in Co-Owned Property to Be Considered as Transfer on Date of Release Deed | ITAT”

Blog, News, Income Tax

September 24, 2024

No Reassessment to Disallow Bogus Purchases if Tax Payable on Same Was Less Than Tax Paid Under Section 115JB

Case Details: Adani Wilmar Ltd. … Continue reading “No Reassessment to Disallow Bogus Purchases if Tax Payable on Same Was Less Than Tax Paid Under Section 115JB”

Blog, Income Tax

September 24, 2024

Income Tax Rates for AYs 2024-25 and 2025-26 – Old vs New Tax Regimes Explained

For the assessment years 2024-25 … Continue reading “Income Tax Rates for AYs 2024-25 and 2025-26 – Old vs New Tax Regimes Explained”

News, Blog, Income Tax

September 24, 2024

[Opinion] Please Mind the Fine Line | An Analysis of Supreme Court’s Judgment on Mineral Rights

Priya Tandon & Priyam Bhatnagar … Continue reading “[Opinion] Please Mind the Fine Line | An Analysis of Supreme Court’s Judgment on Mineral Rights”

Blog, News, Income Tax

September 23, 2024

[Opinion] From Clarity to Confusion | Analyzing the Impact of the CBDT Instruction No. 1 of 2023

On 24th April 2023, The … Continue reading “[Opinion] From Clarity to Confusion | Analyzing the Impact of the CBDT Instruction No. 1 of 2023”

Blog, News, Income Tax

September 23, 2024

CBDT Notifies Direct Tax Vivad Se Vishwas Rules, 2024

Notification No. 104/2024, dated 20-09-2024 … Continue reading “CBDT Notifies Direct Tax Vivad Se Vishwas Rules, 2024”

Blog, Income Tax

September 21, 2024

Comprehensive Guide to Section 56(2)(x) – Applicability | Tax Treatment | FMV

Section 56(2)(x) of the Income … Continue reading “Comprehensive Guide to Section 56(2)(x) – Applicability | Tax Treatment | FMV”