Income Tax

News, Blog, Income Tax

April 28, 2022

Cash loan over Rs. 20,000 from family members to meet business exigencies acceptable: ITAT

Case Details: Balwan Singh v. … Continue reading “Cash loan over Rs. 20,000 from family members to meet business exigencies acceptable: ITAT”

Blog, Income Tax

August 9, 2022

Cryptocurrency/Virtual Digital Assets Tax in India

Table of Content New Section … Continue reading “Cryptocurrency/Virtual Digital Assets Tax in India”

Blog, News, Income Tax

May 10, 2022

Section 148B inserted by Finance Act 2022 – a still born provision!

Dr. Hemant O. Sharma, Hardayal … Continue reading “Section 148B inserted by Finance Act 2022 – a still born provision!”

Blog, News, Income Tax

April 27, 2022

Reassessment Notice is said to be issued on date when e-mail is sent & not on date when e-mail is received: HC

Case Details: Malavika Enterprises v. … Continue reading “Reassessment Notice is said to be issued on date when e-mail is sent & not on date when e-mail is received: HC”

Blog, Account & Audit, Income Tax

September 20, 2023

Joint Development Arrangement (JDA) for Real Estate

Table of Content Nature of … Continue reading “Joint Development Arrangement (JDA) for Real Estate”

Blog, News, Income Tax

April 26, 2022

Constitution of Committee to deal with taxpayer’s grievance from high pitched assessments: CBDT

Instruction F.no. 225/101/2021-ITA-II, dated 23-04-2022 … Continue reading “Constitution of Committee to deal with taxpayer’s grievance from high pitched assessments: CBDT”

News, Blog, Income Tax

April 26, 2022

Hospital is not a charitable institution if it collects fees from patients who can afford: HC

Case Details: Institute of Franciscan … Continue reading “Hospital is not a charitable institution if it collects fees from patients who can afford: HC”

Blog, News, Income Tax

April 25, 2022

Sec. 53A of Transfer of Property Act not attracted if JDA isn’t registered: HC

Case Details: Shelter Projects Ltd. … Continue reading “Sec. 53A of Transfer of Property Act not attracted if JDA isn’t registered: HC”

Blog, News, Income Tax

April 25, 2022

Payment system providers entitled to Sec. 11 exemption can invest in ‘Open Network for Digital Commerce Ltd.’

Notification No. 42/2022, dated 22-04-2022 … Continue reading “Payment system providers entitled to Sec. 11 exemption can invest in ‘Open Network for Digital Commerce Ltd.’”

Blog, News, Income Tax

May 4, 2022

CBDT made return filing mandatory when Turnover/TDS/TCS/Deposit exceeds certain limit

Notification No. 37/2022, dated 21-04-2022 … Continue reading “CBDT made return filing mandatory when Turnover/TDS/TCS/Deposit exceeds certain limit”