Income Tax

Blog, News, Income Tax

January 26, 2025

No Additions u/s 69A Relying Upon Statement of Husband Recorded During Survey | ITAT

Case Details: ACIT vs. Nisha … Continue reading “No Additions u/s 69A Relying Upon Statement of Husband Recorded During Survey | ITAT”

Blog, Advisory, Budget, Income Tax

January 26, 2025

Union Budget 2025-26 | Bitcoin ETF Tax Implications in the Post-Trump Era

Bitcoin surged past $100,000 after … Continue reading “Union Budget 2025-26 | Bitcoin ETF Tax Implications in the Post-Trump Era”

Blog, News, Income Tax

January 25, 2025

[Opinion] Key Steps to Avoid Rejection of Application Under Section 12A and 80G

Chunauti H. Dholakia – [2025] … Continue reading “[Opinion] Key Steps to Avoid Rejection of Application Under Section 12A and 80G”

News, Blog, Income Tax

January 25, 2025

Principal Purpose Test (PPT) Under DTAA to Be Applied Prospectively | CBDT

Circular 01/2025, dated 21-01-2025 The … Continue reading “Principal Purpose Test (PPT) Under DTAA to Be Applied Prospectively | CBDT”

Blog, News, Income Tax

January 25, 2025

CBDT Prescribes Conditions for NRs Engaged in Business of Operation of Cruise Ships for Sec. 44BBC

Notification No. 9 /2025, dated … Continue reading “CBDT Prescribes Conditions for NRs Engaged in Business of Operation of Cruise Ships for Sec. 44BBC”

Blog, News, Income Tax

January 25, 2025

Appeals Filed Post 22-07-2024 Without Condonation Request Will Be Eligible for Vivad Se Vishwas | CBDT

Notification No. 8/2025, dated 20-01-2025 … Continue reading “Appeals Filed Post 22-07-2024 Without Condonation Request Will Be Eligible for Vivad Se Vishwas | CBDT”

Blog, News, Income Tax

January 25, 2025

Assessee Entitled to Sec. 54F Exemption if Claim Made While Filing ITR in Response to Notice Under Sec. 148 | ITAT

Case Details: Satyanarayana Viswanadha vs. … Continue reading “Assessee Entitled to Sec. 54F Exemption if Claim Made While Filing ITR in Response to Notice Under Sec. 148 | ITAT”

News, Blog, Income Tax

January 22, 2025

[Opinion] Rethinking Gift Taxation in India | The Need for Clarity and Reform in Trust and Inheritance Structures

Ankit Namdeo & Parv Jain … Continue reading “[Opinion] Rethinking Gift Taxation in India | The Need for Clarity and Reform in Trust and Inheritance Structures”

Blog, News, Income Tax

January 22, 2025

No Additions u/s 69C if Document Seized From Third Party Premises Didn’t Contain Name of Assessee Anywhere | ITAT

Case Details: DCIT vs. Triton … Continue reading “No Additions u/s 69C if Document Seized From Third Party Premises Didn’t Contain Name of Assessee Anywhere | ITAT”

Blog, Advisory, Budget, Income Tax

January 22, 2025

Union Budget 2025-26 | Streamlining TDS Provisions – Key Recommendations for Simplifying Compliance and Reducing Litigation

Tax Deducted at Source (TDS) … Continue reading “Union Budget 2025-26 | Streamlining TDS Provisions – Key Recommendations for Simplifying Compliance and Reducing Litigation”