Income Tax

Blog, News, Income Tax

March 7, 2022

Significance of Filing ITR by 15th March, 2022

V. K. SUBRAMANI – [2022] … Continue reading “Significance of Filing ITR by 15th March, 2022”

Blog, News, Income Tax

March 7, 2022

Date of possession of new flat to be considered to calculate threshold limit to allow sec. 54F deduction: ITAT

Case Details: Yogesh Jhingan v. … Continue reading “Date of possession of new flat to be considered to calculate threshold limit to allow sec. 54F deduction: ITAT”

Blog, News, Income Tax

March 7, 2022

Govt. notifies ‘Sri Shankara Cancer Foundation’ as ‘University, College or other institution’ u/s 35

Notification No. 14/2022, dated 03-03-2022 … Continue reading “Govt. notifies ‘Sri Shankara Cancer Foundation’ as ‘University, College or other institution’ u/s 35”

News, Blog, Income Tax

March 7, 2022

Income-tax Dept. conducts searches on BMC’s standing committee chairman Yashwant Jadhav

Press Release, dated 03-03-2022 The … Continue reading “Income-tax Dept. conducts searches on BMC’s standing committee chairman Yashwant Jadhav”

Blog, News, Income Tax

March 7, 2022

No Prosecution proceedings for non-filing of ITR on second PAN which was issued inadvertently to assessee: HC

Case Details: Sudhir Kumar Hasija … Continue reading “No Prosecution proceedings for non-filing of ITR on second PAN which was issued inadvertently to assessee: HC”

Blog, News, Income Tax

March 5, 2022

Finance Bill, 2022; Persisting doubts in proposals prescribing time limit for reassessment of income

V. K. SUBRAMANI – [2022] … Continue reading “Finance Bill, 2022; Persisting doubts in proposals prescribing time limit for reassessment of income”

Blog, News, Income Tax

March 5, 2022

HC condoned delay of 6 years in filing revised ITR

Case Details: Devendra Pai v. … Continue reading “HC condoned delay of 6 years in filing revised ITR”

Blog, News, Income Tax

March 5, 2022

HC isn’t an IT authority; Sec. 149 time limit applies to reassessment initiated to give effect of HC’s order

Case Details: Pavan Morarka v. … Continue reading “HC isn’t an IT authority; Sec. 149 time limit applies to reassessment initiated to give effect of HC’s order”

Blog, News, Income Tax

March 1, 2022

No tax liability on the Receipt of security deposit under JDA unless possession of the property is transferred: ITAT

Case Details: DCIT v. Nagam … Continue reading “No tax liability on the Receipt of security deposit under JDA unless possession of the property is transferred: ITAT”

Blog, News, Income Tax

May 2, 2022

Taxmann and CPC Income-tax to organize a ‘Virtual Round Table’ discussion

Introduction Taxmann, with the active … Continue reading “Taxmann and CPC Income-tax to organize a ‘Virtual Round Table’ discussion”