Income Tax

News, Blog, Income Tax

September 7, 2022

CBDT notifies the hierarchy of Principal Chief CIT, Chief CIT, and CIT(A)

Notification No. 106/2022, dated 02-09-2022 … Continue reading “CBDT notifies the hierarchy of Principal Chief CIT, Chief CIT, and CIT(A)”

Blog, News, Income Tax

September 6, 2022

Business could be said to have been set up from date when one of categories of business activity was started: ITAT

Case Details: RBL Hotels (P.) … Continue reading “Business could be said to have been set up from date when one of categories of business activity was started: ITAT”

Blog, News, Income Tax

September 3, 2022

Requirement to quote PAN on cash deposit/withdrawal not applicable on Central/State Govt.: CBDT

Notification No. 105/2022, dated 01-09-2022 … Continue reading “Requirement to quote PAN on cash deposit/withdrawal not applicable on Central/State Govt.: CBDT”

News, Blog, Income Tax

September 3, 2022

Reference to DVO u/s 142A can’t be made for ascertaining expenditure which assessee made on purchases of land: ITAT

Case Details: Toffee Agricultural Farms … Continue reading “Reference to DVO u/s 142A can’t be made for ascertaining expenditure which assessee made on purchases of land: ITAT”

Blog, News, Income Tax

September 2, 2022

[Opinion] Why is Government the most Frivolous Litigant: Case Study

Shivam Batra – [2022] 142 … Continue reading “[Opinion] Why is Government the most Frivolous Litigant: Case Study”

Blog, News, Income Tax

September 2, 2022

Capital gain exemption claimed under wrong Sec. can’t be denied: ITAT

Case Details: ITO v. Armine … Continue reading “Capital gain exemption claimed under wrong Sec. can’t be denied: ITAT”

News, Blog, Income Tax

December 14, 2022

Reassessment can’t be vitiated on ground that Sec. 151 approval letter was received by AO after issuing notice: HC

Case Details: Sahara Credit Cooperative … Continue reading “Reassessment can’t be vitiated on ground that Sec. 151 approval letter was received by AO after issuing notice: HC”

Blog, News, Income Tax

September 1, 2022

Wrong claim of exemption u/s 10(23C) would not debar trust from getting registration u/s 12AA: ITAT

Case Details: Sanatan Dharam Sabha … Continue reading “Wrong claim of exemption u/s 10(23C) would not debar trust from getting registration u/s 12AA: ITAT”

Blog, Income Tax

November 28, 2023

Residential Status of a Company and Tax Incidence under Income Tax Act

Table of Contents 1. Residential … Continue reading “Residential Status of a Company and Tax Incidence under Income Tax Act”

Blog, News, Income Tax

August 31, 2022

[Opinion] Retrospectivity of Benami Law: Analysis of Supreme Court’s Ruling

Adv. Ruchesh Sinha, CA Anil … Continue reading “[Opinion] Retrospectivity of Benami Law: Analysis of Supreme Court’s Ruling”