Income Tax

Blog, Income Tax

July 18, 2024

Tax Treatment of Income Under the Head “Income from House Property”

Table of Contents What is … Continue reading “Tax Treatment of Income Under the Head “Income from House Property””

News, Blog, Income Tax

September 3, 2021

Category-III AIF – Case studies on exemption and taxability

Naveen Wadhwa – [2021] 130 … Continue reading “Category-III AIF – Case studies on exemption and taxability”

Blog, News, Income Tax

September 3, 2021

CBDT notifies ‘Board for Advance Rulings’ effective from 01-09-2021

Notification No. 96/2021 & Notification … Continue reading “CBDT notifies ‘Board for Advance Rulings’ effective from 01-09-2021”

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September 2, 2021

CBDT notifies Rule for computing taxable interest on PF contributions exceeding threshold limits

Notification No. 95/2021, dated 31-08-2021 … Continue reading “CBDT notifies Rule for computing taxable interest on PF contributions exceeding threshold limits”

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September 9, 2021

CBDT extends last date for making payment without additional charge under ‘Vivad se Vishwas’ by one month

Press Release, dated 29-08-2021 The … Continue reading “CBDT extends last date for making payment without additional charge under ‘Vivad se Vishwas’ by one month”

Blog, News, Income Tax

September 9, 2021

CBDT releases draft Rule & Forms to implement amendments made by TLA 2021; invites public comments

Notification F.no. 370142/47/2021-TPL, dated 28-08-2021 … Continue reading “CBDT releases draft Rule & Forms to implement amendments made by TLA 2021; invites public comments”

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September 9, 2021

‘iPad’ may discharge some computer functions but it isn’t a computer; not eligible for higher dep.: ITAT

Case details: Kohinoor Indian (P.) … Continue reading “‘iPad’ may discharge some computer functions but it isn’t a computer; not eligible for higher dep.: ITAT”

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August 31, 2021

Exp. incurred on doctor’s travel isn’t ‘commission’ if he isn’t bound to prescribe medicines suggested by assessee: HC

Case details: CIT (TDS) v. … Continue reading “Exp. incurred on doctor’s travel isn’t ‘commission’ if he isn’t bound to prescribe medicines suggested by assessee: HC”

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August 31, 2021

Reassessment initiated on statement of hospital manager that doctor didn’t disclose full consultancy fees held valid

Case details: Dr. Sajan Hedge … Continue reading “Reassessment initiated on statement of hospital manager that doctor didn’t disclose full consultancy fees held valid”

Blog, News, Income Tax

September 9, 2021

HC dismisses Tamil actor RS Suriya’s request of interest waiver as conditions of Sec. 220(2A) not complied with

Case details: R.S.Suriya v. PCIT … Continue reading “HC dismisses Tamil actor RS Suriya’s request of interest waiver as conditions of Sec. 220(2A) not complied with”