Income Tax

Blog, News, Income Tax

November 7, 2024

CIT(E) Can’t Reject Trust’s Registration Application Without Showing Profit-Oriented Objects

Case Details: Baba Balaknath Seva … Continue reading “CIT(E) Can’t Reject Trust’s Registration Application Without Showing Profit-Oriented Objects”

News, Blog, Income Tax

November 7, 2024

[Opinion] How Far a Revised Return Could Provide Relief to the Taxpayer?

V K Subramani – [2024] … Continue reading “[Opinion] How Far a Revised Return Could Provide Relief to the Taxpayer?”

Blog, News, Income Tax

November 6, 2024

CBDT Mandates Electronic Submission of Form 3CEDA and Form 3C-O

Notification no. 5/2024, dated 30-10-2024 … Continue reading “CBDT Mandates Electronic Submission of Form 3CEDA and Form 3C-O”

Blog, News, Income Tax

November 6, 2024

CBDT Extends Circular No. 13/2023 Applicability to Ay 2023-24 for Condonation of Delay in Filing ITR With Sec. 80P Claim

Circular no. 14/2024, dated 30-10-2024 … Continue reading “CBDT Extends Circular No. 13/2023 Applicability to Ay 2023-24 for Condonation of Delay in Filing ITR With Sec. 80P Claim”

Blog, News, Income Tax

November 6, 2024

CBDT Specifies Monetary Limits for Reduction or Waiver of Interest Paid or Payable Under Section 220(2)

Circular no. 15/2024, dated 04-11-2024 … Continue reading “CBDT Specifies Monetary Limits for Reduction or Waiver of Interest Paid or Payable Under Section 220(2)”

Blog, News, Income Tax

November 5, 2024

Assessee Eligible to File Declaration Under Vivad Se Vishwas Scheme if ITAT Recalled its Order Dismissing Appeal | HC

Case Details: Atul Roshanlal Gupta … Continue reading “Assessee Eligible to File Declaration Under Vivad Se Vishwas Scheme if ITAT Recalled its Order Dismissing Appeal | HC”

Blog, News, Income Tax

November 4, 2024

CIT(E) Cannot Refuse Trust Registration by Speculating Potential Benefits to Specified Individuals | ITAT

Case Details: Jito Bhavnagar Chapter … Continue reading “CIT(E) Cannot Refuse Trust Registration by Speculating Potential Benefits to Specified Individuals | ITAT”

Blog, Advisory, Income Tax

November 7, 2024

[Analysis] How to Regularise Irregular Accounts in Small Savings Schemes

Small savings scheme irregular accounts … Continue reading “[Analysis] How to Regularise Irregular Accounts in Small Savings Schemes”

Blog, News, Income Tax

October 30, 2024

[Opinion] Has Indexation Benefit Been Actually Restored Post-Budget Uproar?

Kanika Mahajan & Rohit Bhatt … Continue reading “[Opinion] Has Indexation Benefit Been Actually Restored Post-Budget Uproar?”

Blog, News, Income Tax

November 5, 2024

Delhi HC Upholds Reassessment Initiated by Jurisdictional AO – Distinguishes With Hexaware Ruling

Case Details: T.K.S. Builders Pvt. … Continue reading “Delhi HC Upholds Reassessment Initiated by Jurisdictional AO – Distinguishes With Hexaware Ruling”