Income Tax

Blog, News, Income Tax

July 30, 2024

[Opinion] Budget 2024 | Sweetening the Deal for Foreign Companies and Non-Residents?

CA Ankita Chowdhry & CA … Continue reading “[Opinion] Budget 2024 | Sweetening the Deal for Foreign Companies and Non-Residents?”

Blog, News, Income Tax

July 29, 2024

[Opinion] Is Dropping of Rate of Tax on Capital Gain to 12.5% a Bait to Bury Cost Indexation Benefits?

CMA Raji Nathani & CA … Continue reading “[Opinion] Is Dropping of Rate of Tax on Capital Gain to 12.5% a Bait to Bury Cost Indexation Benefits?”

Blog, News, Income Tax

July 29, 2024

Affiliation With and Recognition by Regulatory Authority Not Essential Attributes of Education u/s 2(15) | HC

Case Details: CIT(E) vs. NIIT … Continue reading “Affiliation With and Recognition by Regulatory Authority Not Essential Attributes of Education u/s 2(15) | HC”

News, Blog, Income Tax

July 27, 2024

Sec. 54F Relief Available on Sale of Depreciable Long-Term Capital Asset Taxable u/s 50 | ITAT

Case Details: Sonia Pathak Khanna … Continue reading “Sec. 54F Relief Available on Sale of Depreciable Long-Term Capital Asset Taxable u/s 50 | ITAT”

Blog, News, Income Tax

July 26, 2024

Govt. Releases FAQs on the New Capital Gains Taxation Regime

FAQs – New Capital gains … Continue reading “Govt. Releases FAQs on the New Capital Gains Taxation Regime”

Blog, News, Income Tax

July 26, 2024

HC Quashes Sec. 148A(d) Order as AO Didn’t State Why Submissions Filed by Assessee Were Not Acceptable

Case Details: Shell Gas BV … Continue reading “HC Quashes Sec. 148A(d) Order as AO Didn’t State Why Submissions Filed by Assessee Were Not Acceptable”

Blog, News, Income Tax

July 25, 2024

CIT(E) Can’t Cancel Registration of Trust Just Because Trust Deed Allowed Settlor to Use Premises for Her Lifetime | ITAT

Case Details: Mr. & Mrs. … Continue reading “CIT(E) Can’t Cancel Registration of Trust Just Because Trust Deed Allowed Settlor to Use Premises for Her Lifetime | ITAT”

Blog, News, Income Tax

July 25, 2024

[Opinion] Decoding the Fine Print of the Budget 2024-25 | Amendments in Direct Tax Domain

Mayank Mohanka – [2024] 164 … Continue reading “[Opinion] Decoding the Fine Print of the Budget 2024-25 | Amendments in Direct Tax Domain”

Blog, Budget, Income Tax

July 24, 2024

TDS Rates – A Comparative Analysis of Existing vs. Proposed Changes

Tax Deducted at Source (TDS) … Continue reading “TDS Rates – A Comparative Analysis of Existing vs. Proposed Changes”

Blog, Budget, Income Tax

July 24, 2024

Decoding the Break-Even Points | Choosing Between Old vs. New Tax Regime

The new and old tax … Continue reading “Decoding the Break-Even Points | Choosing Between Old vs. New Tax Regime”