Income Tax

Blog, Income Tax

October 7, 2021

CBDT Prescribes Conditions to Claim Relief on Offshore Indirect Transfer of Indian Assets

Table of Contents: 1. Introduction … Continue reading “CBDT Prescribes Conditions to Claim Relief on Offshore Indirect Transfer of Indian Assets”

Blog, News, Income Tax

October 6, 2021

Govt. takes note on data trove pertaining to ‘Pandora Papers’; appropriate action to be taken

Press Release, dated 04-10-2021 On … Continue reading “Govt. takes note on data trove pertaining to ‘Pandora Papers’; appropriate action to be taken”

News, Blog, Income Tax

October 6, 2021

AO can continue proceedings even if reason supplied by him while rejecting objections not acceptable to assessee: HC

Case Details: Financial Software & … Continue reading “AO can continue proceedings even if reason supplied by him while rejecting objections not acceptable to assessee: HC”

Blog, News, Income Tax

October 7, 2021

CBDT prescribes conditions to claim relief on offshore indirect transfer of Indian assets

Editorial Team The Taxation Laws … Continue reading “CBDT prescribes conditions to claim relief on offshore indirect transfer of Indian assets”

Blog, News, Income Tax

October 4, 2021

AO can’t withhold refund to adjust it with demand if no such demand exists at time of refund declaration: HC

Case Details: Mcnally Sayaji Engineering … Continue reading “AO can’t withhold refund to adjust it with demand if no such demand exists at time of refund declaration: HC”

Blog, News, Income Tax

October 4, 2021

Is possession of property a pre-requisite for allowance of interest deduction?

V. K. SUBRAMANI – [2021] … Continue reading “Is possession of property a pre-requisite for allowance of interest deduction?”

News, Blog, Income Tax

October 1, 2021

CBDT further extends time limit to process refund claimed ITRs filed up to AY 2017-18 to 30-11-21

Order F.No. 225/98/2020-ITA-II, dated 30-09-2021 … Continue reading “CBDT further extends time limit to process refund claimed ITRs filed up to AY 2017-18 to 30-11-21”

Blog, News, Income Tax

October 7, 2021

No employer-employee relationship exists if doctors were paid on basis of number of patients attended: ITAT

Case Details: DCIT v. Sir … Continue reading “No employer-employee relationship exists if doctors were paid on basis of number of patients attended: ITAT”

Blog, News, Income Tax

September 30, 2021

CBDT authorised CIT to admit and process application filed before Interim Board by extended due date of 30-09-21

Order F.no. 299/22/2021-DIR (INV. III)/174, … Continue reading “CBDT authorised CIT to admit and process application filed before Interim Board by extended due date of 30-09-21”

Blog, News, Income Tax

September 30, 2021

Sum reflected in Form 26AS can’t be tax unless it was established that assessee was actual beneficiary: ITAT

Case Details: Dr Swati Mahesh … Continue reading “Sum reflected in Form 26AS can’t be tax unless it was established that assessee was actual beneficiary: ITAT”