Income Tax

Blog, News, Income Tax

June 27, 2022

CBDT notifies Format, Procedure & Guidelines for submission of STT return electronically

Notification No. 2 of 2022, … Continue reading “CBDT notifies Format, Procedure & Guidelines for submission of STT return electronically”

Blog, News, Income Tax

June 25, 2022

[Opinion] Will the guidelines issued u/s 194R(2) increase the litigation?

Mukesh Kohli – [2022] 139 … Continue reading “[Opinion] Will the guidelines issued u/s 194R(2) increase the litigation?”

Blog, News, Income Tax

June 25, 2022

No additions if client code modifications done by Stock Exchange member were within permissible SEBI limit: ITAT

Case Details: DCIT v. Futurz … Continue reading “No additions if client code modifications done by Stock Exchange member were within permissible SEBI limit: ITAT”

Blog, Income Tax

June 23, 2022

TDS under Section 194S | Who is required to deduct TDS for VDAs transferred through an Exchange?

The Finance Act 2022 inserted … Continue reading “TDS under Section 194S | Who is required to deduct TDS for VDAs transferred through an Exchange?”

Blog, News, Income Tax

June 23, 2022

CBDT notifies challan-cum-statement Form 26QE for payment of tax deducted on VDAs

Notification No. 67/2022, dated 21-06-2022 … Continue reading “CBDT notifies challan-cum-statement Form 26QE for payment of tax deducted on VDAs”

Blog, News, Income Tax

June 22, 2022

Income-tax Department conducted search operation in Tamil Nadu

Press Release, dated 20-06-2022 Income … Continue reading “Income-tax Department conducted search operation in Tamil Nadu”

Blog, News, Income Tax

June 22, 2022

Remuneration received from firm can’t be construed as gross receipt for purpose of tax audit u/s 44AB: HC

Case Details: Perizad Zorabian Irani … Continue reading “Remuneration received from firm can’t be construed as gross receipt for purpose of tax audit u/s 44AB: HC”

Blog, News, Income Tax

June 21, 2022

Grey Maze of Tax Evasion and Tax Avoidance vs. Corporate Governance

Rishi Raj Bhardwaj – [2022] … Continue reading “Grey Maze of Tax Evasion and Tax Avoidance vs. Corporate Governance”

Blog, News, Income Tax

June 21, 2022

Investment in penny stocks based on ‘buy call’ of experts isn’t a sufficient explanation

Case Details: PCIT v. Swati … Continue reading “Investment in penny stocks based on ‘buy call’ of experts isn’t a sufficient explanation”

News, Blog, Income Tax

June 20, 2022

Applicability of TP Safe Harbour Rules extended till AY 2022-23: CBDT

Notification No. 66 /2022, dated … Continue reading “Applicability of TP Safe Harbour Rules extended till AY 2022-23: CBDT”