Income Tax

Blog, Income Tax

March 11, 2024

[Analysis] Interplay of Section 43B with MSME Act – Background | Case Studies

By CA Deepak Bhholusaria | … Continue reading “[Analysis] Interplay of Section 43B with MSME Act – Background | Case Studies”

Blog, Income Tax

September 21, 2024

[FAQs] Liability of Buyer u/s 15 of MSMED Act to Make Timely Payments to MSE Suppliers

Section 15 of the MSMED … Continue reading “[FAQs] Liability of Buyer u/s 15 of MSMED Act to Make Timely Payments to MSE Suppliers”

Blog, Income Tax

September 29, 2024

Income From Profits and Gains of Business and Profession (PGBP) – Taxable Earnings | Deductions | Disallowed Expenses

Income from Profits and Gains … Continue reading “Income From Profits and Gains of Business and Profession (PGBP) – Taxable Earnings | Deductions | Disallowed Expenses”

Blog, News, Income Tax

March 8, 2024

[Opinion] Analysis of Changes Notified by CBDT to Tax Audit Report in Form No. 3CD

Srinivasan Anand G. – [2024] … Continue reading “[Opinion] Analysis of Changes Notified by CBDT to Tax Audit Report in Form No. 3CD”

Blog, News, Income Tax

March 8, 2024

Sum Received on Maturity of Keyman Insurance Policy Purchased by Employee From Employer is Exempt u/s 10(10D) | ITAT

Case Details: Mihir Parikh vs. … Continue reading “Sum Received on Maturity of Keyman Insurance Policy Purchased by Employee From Employer is Exempt u/s 10(10D) | ITAT”

Blog, News, Income Tax

March 7, 2024

CBDT Amends Forms for Filing Tax Audit and Tonnage Tax Application

Notification No. 27/2024, dated 05-03-2024 … Continue reading “CBDT Amends Forms for Filing Tax Audit and Tonnage Tax Application”

Blog, News, Income Tax

March 7, 2024

CBDT Permits Trusts & Institutions to Submit AY 2023-24 Audit Reports via Form 10B/10BB by March 31, 2024

Circular No. 2/2024, dated 05-03-2024 … Continue reading “CBDT Permits Trusts & Institutions to Submit AY 2023-24 Audit Reports via Form 10B/10BB by March 31, 2024”

Blog, News, Income Tax

March 7, 2024

CBDT Issues a Clarificatory Circular on FA 2023 Amendments Pertaining to Inter-Charity Donations

Circular 3/2024, dated 06-03-2024 Income … Continue reading “CBDT Issues a Clarificatory Circular on FA 2023 Amendments Pertaining to Inter-Charity Donations”

Blog, Income Tax

March 7, 2024

[Analysis] CBDT Updates the Tax Audit Report in Form No. 3CD – Effective from 05-03-2024

The CBDT has notified changes … Continue reading “[Analysis] CBDT Updates the Tax Audit Report in Form No. 3CD – Effective from 05-03-2024”

Blog, News, Income Tax

March 6, 2024

Tax Dept. Urges Taxpayers to File Updated ITRs for Specified Financial Transaction Mismatches for AY 2021-22

Press Release, dated 04-03-2024 The … Continue reading “Tax Dept. Urges Taxpayers to File Updated ITRs for Specified Financial Transaction Mismatches for AY 2021-22”