Income Tax

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September 22, 2022

[Opinion] Reassessment of Income Escaping Assessment

Sanjeeva Narayan – [2022] 142 … Continue reading “[Opinion] Reassessment of Income Escaping Assessment”

Blog, News, Income Tax

September 21, 2022

CBDT notifies form ITR-A for filing of modified return by successor entity

Notification no. 110/2022, dated 19-09-2022 … Continue reading “CBDT notifies form ITR-A for filing of modified return by successor entity”

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September 21, 2022

TCS provisions not applicable on assessee trading timber sawn after importing from other countries: HC

Case Details: PCIT (TDS) v. … Continue reading “TCS provisions not applicable on assessee trading timber sawn after importing from other countries: HC”

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September 20, 2022

Writ couldn’t be filed against issue that no adequate opportunity was provided to assessee: HC

Case Details: Sri Chandra Sekar … Continue reading “Writ couldn’t be filed against issue that no adequate opportunity was provided to assessee: HC”

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September 20, 2022

Gross Direct Tax collections for the FY 2022-23 register a growth of 30%: CBDT

Press Release, dated 18-09-2022 The … Continue reading “Gross Direct Tax collections for the FY 2022-23 register a growth of 30%: CBDT”

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September 19, 2022

Delhi HC upholds validity of re-assessment notice issued within period extended by TOLA 2020

Case Details: Touchstone Holdings (P.) … Continue reading “Delhi HC upholds validity of re-assessment notice issued within period extended by TOLA 2020”

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September 19, 2022

CBDT issues revised guidelines for Compounding of Offences under Income-tax Act

Letter F.No. 285/08/2014-IT(lnv.V)/ 196, dated … Continue reading “CBDT issues revised guidelines for Compounding of Offences under Income-tax Act”

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September 17, 2022

[Opinion] ITAT explains concept of expenditure allowable u/s 48(i) of the Income-tax Act

S. Krishnan – [2022] 142 … Continue reading “[Opinion] ITAT explains concept of expenditure allowable u/s 48(i) of the Income-tax Act”

Blog, News, Income Tax

September 17, 2022

Benefit of CBDT’s Instruction No. 1916 available towards jewellery of wife’s mother found at residence of husband: ITAT

Case Details: Muppavarapu Kavitha v. … Continue reading “Benefit of CBDT’s Instruction No. 1916 available towards jewellery of wife’s mother found at residence of husband: ITAT”

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September 16, 2022

CBDT notifies revised Form to be furnished by producers of cinematograph films

Notification No. 109/2022, dated 14-09-2022 … Continue reading “CBDT notifies revised Form to be furnished by producers of cinematograph films”