Income Tax

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April 8, 2022

CBDT amends Rules to allow Infrastructure Debt Fund to issue ‘Zero Coupon Bonds’

Notification 28/2022, dated 06-04-2022 Section … Continue reading “CBDT amends Rules to allow Infrastructure Debt Fund to issue ‘Zero Coupon Bonds’”

Blog, News, Income Tax

April 7, 2022

CBDT constitutes Dispute Resolution Committee; notifies e-Dispute Resolution Scheme, 2022

Notification No. 26 /2022 and … Continue reading “CBDT constitutes Dispute Resolution Committee; notifies e-Dispute Resolution Scheme, 2022”

Blog, News, Income Tax

April 7, 2022

SC upholds validity of Assessment Order passed in name of non-existing amalgamating Co.

Case Details: PCIT v. Mahagun … Continue reading “SC upholds validity of Assessment Order passed in name of non-existing amalgamating Co.”

Blog, News, Income Tax

April 6, 2022

Initiation of the Reassessment proceedings under the new mechanism

Rajiv Kumar, Ruchesh Sinha & … Continue reading “Initiation of the Reassessment proceedings under the new mechanism”

Blog, News, Income Tax

April 6, 2022

Canada, UK & Northern Ireland and USA notified countries for Foreign Retirement Benefits Accounts: CBDT

Notification no. 25/2022, dated 04-04-2022 … Continue reading “Canada, UK & Northern Ireland and USA notified countries for Foreign Retirement Benefits Accounts: CBDT”

News, Blog, Income Tax

April 5, 2022

No penalty on non-filing of ITR if the managing trustee falls ill: ITAT

Case Details: National Institute of … Continue reading “No penalty on non-filing of ITR if the managing trustee falls ill: ITAT”

Blog, News, Income Tax

April 5, 2022

Rule 21AAA: Tax relief on income arising from Foreign Retirement Funds: CBDT

Notification No. 24/2022, dated 04-04-2022 … Continue reading “Rule 21AAA: Tax relief on income arising from Foreign Retirement Funds: CBDT”

Blog, Income Tax

April 7, 2022

New Scheme for Taxation of Virtual Digital Assets or Cryptocurrencies

Table of Content What is … Continue reading “New Scheme for Taxation of Virtual Digital Assets or Cryptocurrencies”

Blog, News, Income Tax

April 4, 2022

Setback for the Gandhi Family – Properties taxable u/s 28(iv)

Case Details: Young Indian v. … Continue reading “Setback for the Gandhi Family – Properties taxable u/s 28(iv)”

News, Blog, Income Tax

April 2, 2022

CBDT signs 62 Advance Pricing Agreements in the FY 2021-22

Press Release, dated 31-03-2022 The … Continue reading “CBDT signs 62 Advance Pricing Agreements in the FY 2021-22”