Income Tax

Blog, News, Income Tax

March 30, 2022

Download the Copy of Finance Bill, 2022 (PDF) as passed by the Lok Sabha

Bill No. 18-C of 2022, … Continue reading “Download the Copy of Finance Bill, 2022 (PDF) as passed by the Lok Sabha”

News, Blog, Income Tax

March 30, 2022

Advance received from distributors not taxable unless commercial activities started: ITAT

Case Details: Sanvitha Biotechnologies (P.) … Continue reading “Advance received from distributors not taxable unless commercial activities started: ITAT”

Blog, News, Income Tax

March 28, 2022

Prescribed time limit to treat payer as assessee-in-default is applicable even if the payee is NR: ITAT

Case Details: Mphasis Ltd. v. … Continue reading “Prescribed time limit to treat payer as assessee-in-default is applicable even if the payee is NR: ITAT”

Blog, News, Income Tax

March 28, 2022

ITAT grants relief to Rajpal Yadav over his non-appearance before AO

Case Details: Shree Naurang Godavari … Continue reading “ITAT grants relief to Rajpal Yadav over his non-appearance before AO”

Blog, News, Income Tax

March 28, 2022

HC can’t reproduce ITAT’s observation without giving its independent reasoning: SC

Case Details: CIT v. State … Continue reading “HC can’t reproduce ITAT’s observation without giving its independent reasoning: SC”

Blog, Income Tax

August 9, 2022

Analysis of Changes made in the Finance Act 2022 as passed by the Lok Sabha

By Taxman’s Editorial Team The … Continue reading “Analysis of Changes made in the Finance Act 2022 as passed by the Lok Sabha”

Blog, News, Income Tax

March 24, 2022

Tax department conducted searches on Hiranandani Group

Press Release, dated 22-03-2022 The … Continue reading “Tax department conducted searches on Hiranandani Group”

News, Blog, Income Tax

March 24, 2022

No Sec. 263 revision for not mentioning reasons of accepting assessee’s submissions: ITAT

Case Details:Reliance Payment Solutions Ltd. … Continue reading “No Sec. 263 revision for not mentioning reasons of accepting assessee’s submissions: ITAT”

Blog, News, Income Tax

March 24, 2022

UK suspends the exchange of tax information with Russia and Belarus

News, dated 23-03-2022 The Financial … Continue reading “UK suspends the exchange of tax information with Russia and Belarus”

Blog, News, Income Tax

March 23, 2022

Review under the garb of reassessment gets a legislative sanction?

Sanjay Bansal & Amit Parsad … Continue reading “Review under the garb of reassessment gets a legislative sanction?”