Income Tax

Blog, Income Tax

October 15, 2022

[FAQs] Section 194R of the Income-tax Act | TDS on Benefit or Perquisite

The Finance Act, 2022 introduced … Continue reading “[FAQs] Section 194R of the Income-tax Act | TDS on Benefit or Perquisite”

Blog, News, Income Tax

June 29, 2022

CBDT issues guidelines for TDS u/s 194S where VDAs are transferred other than through Exchange

Circular No. 14/2022, dated 28-06-2022 … Continue reading “CBDT issues guidelines for TDS u/s 194S where VDAs are transferred other than through Exchange”

Blog, News, Income Tax

June 28, 2022

[Opinion] Tax liability of Significant Economic Presence (SEP) in India

Keshav Yadav & Sharvani Rai … Continue reading “[Opinion] Tax liability of Significant Economic Presence (SEP) in India”

Blog, News, Income Tax

June 28, 2022

Provisions of Sec. 56(2)(viib) don’t provide rounding off FMV of shares to nearest rupee: ITAT

Case Details: Royal Accord Realtors … Continue reading “Provisions of Sec. 56(2)(viib) don’t provide rounding off FMV of shares to nearest rupee: ITAT”

Blog, News, Income Tax

June 27, 2022

Appeal filed before ITAT won’t become infructuous just because Co’s name was struck down from ROC: ITAT

Case Details: Dwarka Portfolio (P.) … Continue reading “Appeal filed before ITAT won’t become infructuous just because Co’s name was struck down from ROC: ITAT”

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”

News, Blog, 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”