Income Tax

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July 16, 2024

[Opinion] A Poetic Wishlist for the Union Budget 2024-25

Mayank Mohanka – [2024] 164 … Continue reading “[Opinion] A Poetic Wishlist for the Union Budget 2024-25”

Blog, News, Income Tax

July 15, 2024

Interest Payable on Loan Taken From State Govt. or World Bank Not Covered Within the Provision of Section 43B

Case Details: Jaipur Vidyut Vitran … Continue reading “Interest Payable on Loan Taken From State Govt. or World Bank Not Covered Within the Provision of Section 43B”

Blog, News, Income Tax

July 12, 2024

Right to Own Property Is to Be Considered From Date of Issue of Allotment Letter for Computing Holding Period | ITAT

Case Details: Minaxi Mahesh Pawani … Continue reading “Right to Own Property Is to Be Considered From Date of Issue of Allotment Letter for Computing Holding Period | ITAT”

Blog, News, Income Tax

July 12, 2024

CBDT Notifies ‘APC & Secretary to Govt., Agriculture & Co-operation, Telangana’ & Mechanism for Sharing Info. u/s 138

S.O: 2661(E) & ORDER F. … Continue reading “CBDT Notifies ‘APC & Secretary to Govt., Agriculture & Co-operation, Telangana’ & Mechanism for Sharing Info. u/s 138”

Blog, News, Income Tax

July 11, 2024

[Opinion] A Section That Refuses to Go

Meenakshi Subramaniam – [2024] 164 … Continue reading “[Opinion] A Section That Refuses to Go”

News, Blog, Income Tax

July 11, 2024

Trust Not Eligible for Sec. 12AB Registration If It Isn’t Registered Under State Trust Act Applicable to It | ITAT

Case Details: Lokesh Agarwal Dharmarth … Continue reading “Trust Not Eligible for Sec. 12AB Registration If It Isn’t Registered Under State Trust Act Applicable to It | ITAT”

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July 10, 2024

CPC to Consider Form 10-IE If It Was Available at ITR Processing Time Even If Filed After Due Date | ITAT

Case Details: Akshay Devendra Birari … Continue reading “CPC to Consider Form 10-IE If It Was Available at ITR Processing Time Even If Filed After Due Date | ITAT”

Blog, News, Income Tax

July 9, 2024

No Reassessment to Tax Notional Capital Gains on Shares if They Weren’t Sold During Relevant Year | HC

Case Details: Aditya Vijay Mirchandani … Continue reading “No Reassessment to Tax Notional Capital Gains on Shares if They Weren’t Sold During Relevant Year | HC”

Blog, News, Income Tax

July 8, 2024

ICAI Can Hold Firm as a Whole Responsible Even if Individual CA Is Taking Responsibility for Allegations | HC

Case Details: Harinderjit Singh vs. … Continue reading “ICAI Can Hold Firm as a Whole Responsible Even if Individual CA Is Taking Responsibility for Allegations | HC”

Blog, News, Income Tax

July 6, 2024

Additions Against AAP’s Minister Kailash Gahlot Valid as Affidavit Filed by Person to Whom Diary Belonged Was Vague | HC

Case Details: Shri Kailash Gahlot … Continue reading “Additions Against AAP’s Minister Kailash Gahlot Valid as Affidavit Filed by Person to Whom Diary Belonged Was Vague | HC”