Income Tax

Blog, News, Income Tax

March 4, 2023

Sec. 50C won’t apply on compulsory acquisition of land by NHAI as stamp duty isn’t payable: HC

Case Details: PCIT v. Durgapur … Continue reading “Sec. 50C won’t apply on compulsory acquisition of land by NHAI as stamp duty isn’t payable: HC”

Blog, News, Income Tax

March 3, 2023

Transfer of Dish TV Shares worth Rs. 3500 Cr within Group not Taxable u/s 28(iv)/56: ITAT

Case Details: ACIT vs. Direct … Continue reading “Transfer of Dish TV Shares worth Rs. 3500 Cr within Group not Taxable u/s 28(iv)/56: ITAT”

Blog, News, Income Tax

March 3, 2023

CBDT notifies ‘Insolvency and Bankruptcy Board of India’ for exemption u/s 10(46)

Notification No.09/2023, dated 01-03-2023 The … Continue reading “CBDT notifies ‘Insolvency and Bankruptcy Board of India’ for exemption u/s 10(46)”

Blog, Income Tax

March 29, 2023

Breaking Down the Old vs New Personal Tax Regime – What You Need to Know

Table of Contents New Personal … Continue reading “Breaking Down the Old vs New Personal Tax Regime – What You Need to Know”

Blog, News, Income Tax

March 2, 2023

AO to recover tax from employer who didn’t remit TDS after deducting from employee’s salary: ITAT

Case Details: Chandrashekhar Sadashiv Potphode … Continue reading “AO to recover tax from employer who didn’t remit TDS after deducting from employee’s salary: ITAT”

Blog, News, Income Tax

March 2, 2023

CBDT issues Corrigendum to Notification Notifying ITR Forms for AY 2023-24

G.S.R. 156(E), dated 28-02-2023 The … Continue reading “CBDT issues Corrigendum to Notification Notifying ITR Forms for AY 2023-24”

News, Blog, Income Tax

March 1, 2023

[Opinion] The Road to Income Tax Refunds to get Bumpier?

Jatin Kanabar & Srinath Kumar … Continue reading “[Opinion] The Road to Income Tax Refunds to get Bumpier?”

Blog, News, Income Tax

March 1, 2023

TOLA won’t save time-barring reassessment even if notice issued u/s 148A: HC

Case Details: Rajeev Bansal v. … Continue reading “TOLA won’t save time-barring reassessment even if notice issued u/s 148A: HC”

Blog, News, Income Tax

February 28, 2023

[Opinion] Drastic Changes in Trust Audit Report

CA Chunauti H. Dholakia – … Continue reading “[Opinion] Drastic Changes in Trust Audit Report”

Blog, News, Income Tax

February 28, 2023

Company entitled to depreciation & expenses on sports car for key managerial personnel commute: ITAT

Case Details: Silver Spark Apparel … Continue reading “Company entitled to depreciation & expenses on sports car for key managerial personnel commute: ITAT”