Income Tax

News, Blog, Income Tax

July 24, 2024

Download Copy of Finance (No. 2) Bill, 2024

The Finance Minister, Smt. Nirmala … Continue reading “Download Copy of Finance (No. 2) Bill, 2024”

Blog, Budget, Income Tax

July 22, 2024

[Analysis] Union Budget 2024 | Streamlined Tax Framework for Charitable Trusts

As the Union Budget 2024 … Continue reading “[Analysis] Union Budget 2024 | Streamlined Tax Framework for Charitable Trusts”

Blog, Advisory, Income Tax

July 20, 2024

[Analysis] Investment Vehicles Comparison – Mutual Funds | PMS | AIF Explained

Investing in the stock market … Continue reading “[Analysis] Investment Vehicles Comparison – Mutual Funds | PMS | AIF Explained”

Blog, News, Income Tax

July 19, 2024

‘Reverse Indexation Method’ Can’t Be Allowed if DVO Prepared Report Based on Strong Undisputable Method | ITAT

Case Details: Late Shri Balkrishan … Continue reading “‘Reverse Indexation Method’ Can’t Be Allowed if DVO Prepared Report Based on Strong Undisputable Method | ITAT”

News, Blog, Income Tax

July 18, 2024

[Opinion] Controversial Issue Regarding Rebate u/s 87A in Respect of Incomes Eligible for Special Rate of Tax

V K Subramani – [2024] … Continue reading “[Opinion] Controversial Issue Regarding Rebate u/s 87A in Respect of Incomes Eligible for Special Rate of Tax”

Blog, News, Income Tax

July 18, 2024

[Opinion] Is Income Tax Return Filing Utility Above the Income Tax Law?

Mayank Mohanka – [2024] 164 … Continue reading “[Opinion] Is Income Tax Return Filing Utility Above the Income Tax Law?”

Blog, News, Income Tax

July 18, 2024

CIT(A) Can’t Issue Directions to TPO Who Was Exercising Independent Powers u/s 92CA | ITAT

Case Details: ACIT vs. Knowledge … Continue reading “CIT(A) Can’t Issue Directions to TPO Who Was Exercising Independent Powers u/s 92CA | ITAT”

Blog, News, Income Tax

July 17, 2024

[Opinion] A Round Up of Budget 2024 Expectations

CA V K Subramani – … Continue reading “[Opinion] A Round Up of Budget 2024 Expectations”

Blog, News, Income Tax

July 17, 2024

AO Can’t Deny Sec. 54 Relief to Non-Resident Merely on Ground That She Didn’t File ITR Claiming Deduction | ITAT

Case Details: Seema Heera vs. … Continue reading “AO Can’t Deny Sec. 54 Relief to Non-Resident Merely on Ground That She Didn’t File ITR Claiming Deduction | ITAT”

Blog, News, Income Tax

July 16, 2024

Capital Gain to Be Computed in Year of Builder’s Consent If Transfer of Booking Rights in Property Was Subject to It

Case Details: R. C. Nirula … Continue reading “Capital Gain to Be Computed in Year of Builder’s Consent If Transfer of Booking Rights in Property Was Subject to It”