Income Tax

Blog, News, Income Tax

December 22, 2024

Expenses Incurred on Portfolio Management Services Directly Related to Securities Transaction Allowed While Computing Capital Gains | ITAT

Case Details: ACIT vs. Vireet … Continue reading “Expenses Incurred on Portfolio Management Services Directly Related to Securities Transaction Allowed While Computing Capital Gains | ITAT”

News, Blog, Income Tax

December 21, 2024

No TDS on Payments to Credit Guarantee Fund Trust for MSEs Referred in Section 10(46B) | CBDT

Notification No. 128/2024, dated 19-12-2024 … Continue reading “No TDS on Payments to Credit Guarantee Fund Trust for MSEs Referred in Section 10(46B) | CBDT”

Blog, News, Income Tax

December 22, 2024

Assessee to Pursue Pending Proceedings Before Appellate Authority Instead of Filing Writ Petition | HC

Case Details: Mahindra and Mahindra … Continue reading “Assessee to Pursue Pending Proceedings Before Appellate Authority Instead of Filing Writ Petition | HC”

Blog, News, Income Tax

December 19, 2024

Legal Heirs Can Raise Contention That Notice Was Issued in Name of Deceased Person | SC

Case Details: Ghanyashyam Anil Dhanani … Continue reading “Legal Heirs Can Raise Contention That Notice Was Issued in Name of Deceased Person | SC”

Blog, News, Income Tax

December 19, 2024

[Opinion] Anonymous Donations All Aspects | Accounting, Record Keeping, Taxation, etc.

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Anonymous Donations All Aspects | Accounting, Record Keeping, Taxation, etc.”

Blog, News, Income Tax

December 18, 2024

CBDT Modifies and Issues New FAQs on DTVSV Scheme

Circular No. 19 of 2024, … Continue reading “CBDT Modifies and Issues New FAQs on DTVSV Scheme”

Blog, News, Income Tax

December 18, 2024

CBDT Launches E-Campaign to Resolve AIS and ITR Mismatch for FY 2023-24 & 2021-22

Press Release, dated 17-12-2024 CBDT … Continue reading “CBDT Launches E-Campaign to Resolve AIS and ITR Mismatch for FY 2023-24 & 2021-22”

News, Blog, Income Tax

December 17, 2024

Switzerland Withdraws India’s ‘Most Favoured Nation’ Status, Citing Nestle SA Ruling

News, dated 11-12-2024 Switzerland suspended … Continue reading “Switzerland Withdraws India’s ‘Most Favoured Nation’ Status, Citing Nestle SA Ruling”

Blog, News, Income Tax

December 17, 2024

Bitcoin Was Capital Asset Before 01.04.2022; LTCG on Sale of Bitcoin Eligible for Sec. 54F Exemption | ITAT

Case Details: Raunaq Prakash Jain … Continue reading “Bitcoin Was Capital Asset Before 01.04.2022; LTCG on Sale of Bitcoin Eligible for Sec. 54F Exemption | ITAT”

Blog, News, Income Tax

December 16, 2024

New CBDT Circular Lacks Exception Clause for Filing Appeals Below Monetary Limits | HC

Case Details: Dr. Dipankar Banerjee … Continue reading “New CBDT Circular Lacks Exception Clause for Filing Appeals Below Monetary Limits | HC”