Income Tax

Blog, News, Income Tax

April 4, 2024

[Opinion] When Does the Interest Under MSMED Act, 2006 Not Taxable in the Hands of Person Entitled to It?

CA V K Subramani – … Continue reading “[Opinion] When Does the Interest Under MSMED Act, 2006 Not Taxable in the Hands of Person Entitled to It?”

Blog, Company Law, Income Tax

April 4, 2024

Taxation of Equity Products – Listed Equity Shares | Capital Gains | Dividend Income

Listed Equity Shares refer to … Continue reading “Taxation of Equity Products – Listed Equity Shares | Capital Gains | Dividend Income”

Blog, News, Income Tax

April 3, 2024

Stamp Duty, Registration Charges and Society Transfer Fees Incurred by Seller as Per Agreement Are Allowable | ITAT

Case Details: Kishore Bhagwandas Ramnani … Continue reading “Stamp Duty, Registration Charges and Society Transfer Fees Incurred by Seller as Per Agreement Are Allowable | ITAT”

Blog, News, Income Tax

April 3, 2024

CBDT Issues Clarification on Time Limit to Verify Income-Tax Returns

Notification No. 2 of 2024, … Continue reading “CBDT Issues Clarification on Time Limit to Verify Income-Tax Returns”

Blog, Income Tax

April 2, 2024

What is Advance Tax? – Concept | Due Dates | Interest Penalties

Advance tax, also referred to … Continue reading “What is Advance Tax? – Concept | Due Dates | Interest Penalties”

News, Blog, Income Tax

April 2, 2024

No New Tax Changes Effective From April 1, 2024 | CBDT Issues Clarification on New Tax Regime

Press Release, dated 31-03-2024 In … Continue reading “No New Tax Changes Effective From April 1, 2024 | CBDT Issues Clarification on New Tax Regime”

Blog, News, Income Tax

April 2, 2024

Sec. 234A Interest Can Be Waived Off if Tax Was Deposited Immediately After Receiving Notice From AO | HC

Case Details: Baso Devi vs. … Continue reading “Sec. 234A Interest Can Be Waived Off if Tax Was Deposited Immediately After Receiving Notice From AO | HC”

Blog, News, Income Tax

April 1, 2024

[Opinion] Reassessment and Article 142 of the Constitution of India – Does the SC Judgement in Ashish Agarwal Need a Fresh Analysis?

Devendra Jain & CA Aniket … Continue reading “[Opinion] Reassessment and Article 142 of the Constitution of India – Does the SC Judgement in Ashish Agarwal Need a Fresh Analysis?”

News, Blog, Income Tax

April 1, 2024

Leasehold Interest in Land is Asset of Co. Capable of Valuation; to Be Included in Asset Value to Determine Shares FMV

Case Detail: PCIT vs. Dr. … Continue reading “Leasehold Interest in Land is Asset of Co. Capable of Valuation; to Be Included in Asset Value to Determine Shares FMV”

Blog, Income Tax

April 1, 2024

Interpretation of Taxing Statutes – Constitutional Provisions | Traditional Rules | Modern Approach

Taxing Statutes refer to the … Continue reading “Interpretation of Taxing Statutes – Constitutional Provisions | Traditional Rules | Modern Approach”