Income Tax

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June 20, 2022

CBDT prescribes ‘other conditions’ to be fulfilled by a specified fund referred to in Sec. 10(4D)

Notification No. 64/2022, dated 16-06-2022 … Continue reading “CBDT prescribes ‘other conditions’ to be fulfilled by a specified fund referred to in Sec. 10(4D)”

Blog, News, Income Tax

June 18, 2022

No Sec. 194-I TDS on payment of rent to a unit located in IFSC for lease of aircraft: CBDT

Notification No. 65/2022, dated 16-06-2022 … Continue reading “No Sec. 194-I TDS on payment of rent to a unit located in IFSC for lease of aircraft: CBDT”

Blog, News, Income Tax

June 18, 2022

Guidelines on deduction of tax at source under Section 194R: CBDT

Circular no. 12 of 2022, … Continue reading “Guidelines on deduction of tax at source under Section 194R: CBDT”

Blog, News, Income Tax

June 17, 2022

AO can’t attach property of any person other than assessee while resorting provisions to sec. 281B: HC

Case Details: Raghunandan Enterprise v. … Continue reading “AO can’t attach property of any person other than assessee while resorting provisions to sec. 281B: HC”

Blog, News, Income Tax

June 17, 2022

No prejudice is caused if a person complies with sec. 142(1) Notice: HC

Case Details: Mrs Jayanti Dalmia … Continue reading “No prejudice is caused if a person complies with sec. 142(1) Notice: HC”

Blog, Income Tax

February 22, 2023

Issues on Undisclosed Foreign Income and Asset | Black Money Act

Table of Contents Significant Issues … Continue reading “Issues on Undisclosed Foreign Income and Asset | Black Money Act”

Blog, News, Income Tax

June 16, 2022

‘331’ notified as Cost Inflation Index for Financial Year 2022-23

Notification No. 62/2022, dated 14-06-2022 … Continue reading “‘331’ notified as Cost Inflation Index for Financial Year 2022-23”

Blog, News, Income Tax

June 16, 2022

CBDT updates MAP Guidance addressing stakeholder’s concerns

Notification F. No. 500/09/2016-APA-I, dated … Continue reading “CBDT updates MAP Guidance addressing stakeholder’s concerns”

Blog, News, Income Tax

June 15, 2022

[Opinion] Surat District Cricket Association hits Tax Demand out of the Park

Meenakshi Subramaniam – [2022] 139 … Continue reading “[Opinion] Surat District Cricket Association hits Tax Demand out of the Park”

News, Blog, Income Tax

June 15, 2022

No denial of section 11 exemption if trust earning rental income to fund its charitable objects: ITAT

Case Details: Oswal Bandhu Samaj … Continue reading “No denial of section 11 exemption if trust earning rental income to fund its charitable objects: ITAT”