Income Tax

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January 11, 2022

CBDT notifies ‘Regional Air Connectivity Fund Trust’ for exemption under section 10(46)

Notification No. 1/2022, dated 06-01-2022 … Continue reading “CBDT notifies ‘Regional Air Connectivity Fund Trust’ for exemption under section 10(46)”

Blog, News, Income Tax

January 7, 2022

Day of arrival to be excluded while counting days of stay in India for the purpose of residential status: ITAT

Case details: Pradeep Kumar Joshi … Continue reading “Day of arrival to be excluded while counting days of stay in India for the purpose of residential status: ITAT”

News, Blog, Income Tax

January 6, 2022

Aerators used for prawn farming can’t be treated as equipment for pollution control; not eligible for 100% dep.: HC

Case Details: Industrial Incubators (P.) … Continue reading “Aerators used for prawn farming can’t be treated as equipment for pollution control; not eligible for 100% dep.: HC”

Blog, News, Income Tax

January 6, 2022

DRP can’t condone delay in filing objections by assessee before Panel: Bangalore ITAT

Case Details: Lam Research (India) … Continue reading “DRP can’t condone delay in filing objections by assessee before Panel: Bangalore ITAT”

Blog, News, Income Tax

January 5, 2022

Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC

Case Details: Kerala State Beverages … Continue reading “Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC”

Blog, News, Income Tax

January 5, 2022

Dilemmas of AOPs engaged in business

V. K. SUBRAMANI – [2021] … Continue reading “Dilemmas of AOPs engaged in business”

Blog, Top Rulings 2023, Income Tax

July 11, 2022

25 Key Income-tax Case Laws of the Year 2021 | Taxmann.com

Editorial Team The year 2021 … Continue reading “25 Key Income-tax Case Laws of the Year 2021 | Taxmann.com”

Blog, News, Income Tax

January 4, 2022

Tax Dept. conducts search on two major mobile manufacturing Cos; more than Rs. 5500 crore are under scanner

Press Release, dated 31-12-2021 The … Continue reading “Tax Dept. conducts search on two major mobile manufacturing Cos; more than Rs. 5500 crore are under scanner”

Blog, News, Income Tax

January 3, 2022

An order can’t be treated as non-speaking order just because it is short and to the point: HC

Case Details: Muvendar Trust v. … Continue reading “An order can’t be treated as non-speaking order just because it is short and to the point: HC”

News, Blog, Income Tax

December 31, 2021

CBDT notifies Form 56FF to be furnished by assessee claiming Sec. 10A deduction

Notification No.140/2021, dated 29-12-2021 The … Continue reading “CBDT notifies Form 56FF to be furnished by assessee claiming Sec. 10A deduction”