Income Tax

Blog, News, Income Tax

December 30, 2022

CBDT notifies ‘1000242244 Ontario Inc.’ for Sec. 10(23FE) exemption

Notification No.128/2022, dated 28-12-2022 The … Continue reading “CBDT notifies ‘1000242244 Ontario Inc.’ for Sec. 10(23FE) exemption”

News, Blog, Income Tax

December 30, 2022

No Sec. 263 revision if invoice of AY 2015-16 accounted in AY 2016-17 as tax rates are same: HC

Case Details: PCIT vs. Britannia … Continue reading “No Sec. 263 revision if invoice of AY 2015-16 accounted in AY 2016-17 as tax rates are same: HC”

Blog, News, Income Tax

December 30, 2022

[Opinion] Whether sections 54(2)/54F(4) are procedural sections and not mandatory?

Mukesh Kohli – [2022] 145 … Continue reading “[Opinion] Whether sections 54(2)/54F(4) are procedural sections and not mandatory?”

Top Rulings 2023, Blog, Income Tax

January 2, 2024

Key Income Tax Rulings of 2023 | A Review of Top 20 Case Laws from Taxmann

The year 2023 was loaded … Continue reading “Key Income Tax Rulings of 2023 | A Review of Top 20 Case Laws from Taxmann”

Blog, News, Income Tax

December 29, 2022

Central Govt. notifies Special Court in Odisha for the purpose of Income Tax & Black Money Act

Notification No. 127/2022, dated 26-12-2022 … Continue reading “Central Govt. notifies Special Court in Odisha for the purpose of Income Tax & Black Money Act”

Blog, News, Income Tax

December 29, 2022

Sum paid for ‘Red Hat Subscription’ to obtain support services can’t be held as FTS: ITAT

Case Details: Red Hat India … Continue reading “Sum paid for ‘Red Hat Subscription’ to obtain support services can’t be held as FTS: ITAT”

News, Blog, Income Tax

December 28, 2022

[Opinion] Charitable Purpose – Relief of the Poor (ROP)

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Charitable Purpose – Relief of the Poor (ROP)”

Blog, News, Income Tax

December 27, 2022

[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis”

Blog, News, Income Tax

December 27, 2022

AO can’t proceed u/s 179 if non-recovery of demand not due to director’s negligence: HC

Case Details: Devendra Babulal Jain … Continue reading “AO can’t proceed u/s 179 if non-recovery of demand not due to director’s negligence: HC”

Blog, News, Income Tax

December 26, 2022

Repeal of Sec. 144B(9) by FA 2022 with retrospective effect isn’t unconstitutional: HC

Case Details: Sapna Flour Mills … Continue reading “Repeal of Sec. 144B(9) by FA 2022 with retrospective effect isn’t unconstitutional: HC”