Income Tax

Blog, News, Income Tax

June 12, 2024

[Opinion] Deductions Under Section 80JJAA of the Income Tax Act, 1961

Eshti Kapoor – [2024] 163 … Continue reading “[Opinion] Deductions Under Section 80JJAA of the Income Tax Act, 1961”

Blog, News, Income Tax

June 12, 2024

No TDS on Interest Part Allowed to Be Retained by NBFC on Loans Purchased by SBI Under Direct Assignment Route | ITAT

Case Details: State Bank of … Continue reading “No TDS on Interest Part Allowed to Be Retained by NBFC on Loans Purchased by SBI Under Direct Assignment Route | ITAT”

Blog, Advisory, Income Tax

July 18, 2024

[Analysis] EPF vs. NPS Comparison | Find the Best Retirement Savings Plan

The comparison between EPF and … Continue reading “[Analysis] EPF vs. NPS Comparison | Find the Best Retirement Savings Plan”

News, Blog, Income Tax

June 11, 2024

No Sec. 234B Interest if There Was No Variation in Reassessment Order & Entire Demand Was Paid During Assessment

Case Details: Tata Chemicals Ltd. … Continue reading “No Sec. 234B Interest if There Was No Variation in Reassessment Order & Entire Demand Was Paid During Assessment”

Blog, News, Income Tax

June 10, 2024

No Concealment Penalty if Assessee Agreed to Additions and Already Paid Taxes Before Assessment Proceedings | ITAT

Case Details: DCIT vs. Mitsubishi … Continue reading “No Concealment Penalty if Assessee Agreed to Additions and Already Paid Taxes Before Assessment Proceedings | ITAT”

Blog, News, Income Tax

June 7, 2024

Sec. 197 Certificates Issued on Old TAN Are Valid if Co. Obtained New TAN During Year Due to Change in Jurisdiction

Case Details: Rotex Manufacturers & … Continue reading “Sec. 197 Certificates Issued on Old TAN Are Valid if Co. Obtained New TAN During Year Due to Change in Jurisdiction”

Blog, News, Income Tax

June 7, 2024

CBDT Rightly Refused Request for Condonation of Delay as Assessee Was Regularly Filing Belated Returns | HC

Case Details: Lava International Ltd. … Continue reading “CBDT Rightly Refused Request for Condonation of Delay as Assessee Was Regularly Filing Belated Returns | HC”

Blog, News, Income Tax

June 6, 2024

Compensation Received From ‘Flipkart’ for Loss in Value of ESOP Due to Disinvestment Not Taxable as Perquisite | ITAT

Case Details: Sanjay Baweja v. … Continue reading “Compensation Received From ‘Flipkart’ for Loss in Value of ESOP Due to Disinvestment Not Taxable as Perquisite | ITAT”

Blog, News, Income Tax

June 6, 2024

FA 2017 Amendment Restricting Set-off of House Property Loss to Rs. 2 Lakh is Constitutionally Valid | HC

Case Details: Sanjeev Goyal vs. … Continue reading “FA 2017 Amendment Restricting Set-off of House Property Loss to Rs. 2 Lakh is Constitutionally Valid | HC”

Blog, Company Law, Income Tax

June 5, 2024

[Analysis] Detailed Impact Analysis of Supreme Court’s Judgement on Electoral Bonds

Electoral Bonds are financial instruments … Continue reading “[Analysis] Detailed Impact Analysis of Supreme Court’s Judgement on Electoral Bonds”