Income Tax

Blog, Advisory, Budget, Income Tax

January 22, 2025

[Analysis] Union Budget 2025-26 | Capital Gains Deposit Scheme – Judicial Rulings | Budget Expectations | Taxpayer Implications

The Capital Gains Deposit Scheme … Continue reading “[Analysis] Union Budget 2025-26 | Capital Gains Deposit Scheme – Judicial Rulings | Budget Expectations | Taxpayer Implications”

Blog, News, Income Tax

January 17, 2025

Reduction in Share Capital of Subsidiary & Subsequent Reduction in Shareholding is ‘Transfer’ u/s 2(47) | SC

Case Details: Jupiter Capital (P.) … Continue reading “Reduction in Share Capital of Subsidiary & Subsequent Reduction in Shareholding is ‘Transfer’ u/s 2(47) | SC”

Blog, News, Income Tax

January 17, 2025

AO Can’t Reject Rectification Application Merely on Basis of His Conviction That No Mistake Apparent on Record | ITAT

Case Details: Jalaram Transport vs … Continue reading “AO Can’t Reject Rectification Application Merely on Basis of His Conviction That No Mistake Apparent on Record | ITAT”

Blog, News, Income Tax

January 16, 2025

Reassessment Justified as Assessee Failed to Prove Goods Moved from Shell Companies to Him

Case Details: Abhishek Bansal vs. … Continue reading “Reassessment Justified as Assessee Failed to Prove Goods Moved from Shell Companies to Him”

News, Blog, Income Tax

January 16, 2025

[Opinion] Artificial Intelligence (AI) in Taxation | Enhancing Compliance, Efficiency, and Policy in India

Sachin Mishra & Mahi Agrawal … Continue reading “[Opinion] Artificial Intelligence (AI) in Taxation | Enhancing Compliance, Efficiency, and Policy in India”

Blog, News, Income Tax

January 15, 2025

Reassessment Justified as Information Relating to Unexamined Cash Receipts Was Received After Original Assessment’s Conclusion

Case Details: Sanjay Ratra vs. … Continue reading “Reassessment Justified as Information Relating to Unexamined Cash Receipts Was Received After Original Assessment’s Conclusion”

Blog, Income Tax

January 15, 2025

Vivad Se Vishwas Scheme 2024 (VsV 2.0) – Advantages | Relevant Provisions | Applicability

The Vivad Se Vishwas (VsV) … Continue reading “Vivad Se Vishwas Scheme 2024 (VsV 2.0) – Advantages | Relevant Provisions | Applicability”

Blog, News, Income Tax

January 15, 2025

[Opinion] Doctrine of Binding Precedent

CA Kaushik D. Shah – … Continue reading “[Opinion] Doctrine of Binding Precedent”

Blog, News, Income Tax

January 13, 2025

Designated Authority Has No Power to Reopen a Concluded Settlement Under DTVSV Act | HC

Case Details: S A N … Continue reading “Designated Authority Has No Power to Reopen a Concluded Settlement Under DTVSV Act | HC”

Blog, News, Income Tax

January 12, 2025

[Opinion] Interplay of Section 144C(13) and Section 153(3)

D.C. Agrawal – [2025] 170 … Continue reading “[Opinion] Interplay of Section 144C(13) and Section 153(3)”