Income Tax

Blog, Income Tax

August 4, 2022

Which deductions are allowed while calculating PGBP?

Table of Contents: 1. Rent, … Continue reading “Which deductions are allowed while calculating PGBP?”

Blog, Income Tax

August 29, 2023

Guide to Profits and Gains of Business or Profession under Income Tax Act

Table of Contents Introduction Computation … Continue reading “Guide to Profits and Gains of Business or Profession under Income Tax Act”

News, Blog, Income Tax

July 28, 2022

[Opinion] Controversy surrounding disclosure in Clause 16 of Form 3CD

V. K. SUBRAMANI – [2022] … Continue reading “[Opinion] Controversy surrounding disclosure in Clause 16 of Form 3CD”

Blog, News, Income Tax

July 28, 2022

ITAT grants benefit of TOLA to avail Section 115BAA

Case Details: Suminter India Organics … Continue reading “ITAT grants benefit of TOLA to avail Section 115BAA”

Blog, Income Tax

July 5, 2023

70+ FAQs on Income-tax Returns (ITR) for Assessment Year 2023-24

Table of Contents Due Dates … Continue reading “70+ FAQs on Income-tax Returns (ITR) for Assessment Year 2023-24”

Blog, News, Income Tax

July 27, 2022

[Opinion] Taxation issues for closely-held companies for share premium amounts received

V. K. SUBRAMANI – [2022] … Continue reading “[Opinion] Taxation issues for closely-held companies for share premium amounts received”

Blog, News, Income Tax

July 27, 2022

Change of method of accounting can’t be a reason to disallow claim of bad debts: HC

Case Details: L.K.P. Merchant Financing … Continue reading “Change of method of accounting can’t be a reason to disallow claim of bad debts: HC”

News, Blog, Income Tax

July 26, 2022

Tools, dies, etc. used to manufacture products to be treated as part of machinery: ITAT

Case Details: Efacec Switchgear India … Continue reading “Tools, dies, etc. used to manufacture products to be treated as part of machinery: ITAT”

Blog, News, Income Tax

July 26, 2022

Sharing sum received under settlement agreement with employees is contingent in nature: ITAT

Case Details: Sasken Technologies Ltd. … Continue reading “Sharing sum received under settlement agreement with employees is contingent in nature: ITAT”

Blog, News, Income Tax

July 25, 2022

[Opinion] Remittance of Assets Regulations vs Liberalised Remittance Scheme

CA Sri Harsha, CA Narendra … Continue reading “[Opinion] Remittance of Assets Regulations vs Liberalised Remittance Scheme”