Income Tax

Blog, News, Income Tax

December 1, 2023

HC Orders Authority to Lift Attachment on Bank a/c for Pension Withdrawal | Restriction Remains for Other Withdrawals

Case Details: G.K. Reddy v. … Continue reading “HC Orders Authority to Lift Attachment on Bank a/c for Pension Withdrawal | Restriction Remains for Other Withdrawals”

Blog, News, Income Tax

December 1, 2023

Assessee is Duty Bound to Respond to Notices, Appear & Offer Explanations Before AO | HC Refuses to Halt Proceedings

Case Details: T. M. Subash … Continue reading “Assessee is Duty Bound to Respond to Notices, Appear & Offer Explanations Before AO | HC Refuses to Halt Proceedings”

Blog, FEMA & Banking, International Tax, Company Law, Income Tax

November 30, 2023

Mastering Price Adjustments & Earn-outs in Indian M&A | Key Legal & Tax Insights

Table of Contents Purchase Price … Continue reading “Mastering Price Adjustments & Earn-outs in Indian M&A | Key Legal & Tax Insights”

Blog, News, Income Tax

November 30, 2023

Bombay HC Accepts the Assessee’s Alternate Claim Also & Lucidly Explains the Concept of Family Arrangement

CA S. Krishnan – [2023] … Continue reading “Bombay HC Accepts the Assessee’s Alternate Claim Also & Lucidly Explains the Concept of Family Arrangement”

Blog, News, Income Tax

November 30, 2023

Draft Order Sent to e-mail ID of Branch Office isn’t Justified If Notice Was Sent to e-mail ID of Assessee | HC

Case Details: Indian Bank vs. … Continue reading “Draft Order Sent to e-mail ID of Branch Office isn’t Justified If Notice Was Sent to e-mail ID of Assessee | HC”

Blog, News, Income Tax

November 29, 2023

[Opinion] Is the Expression ‘Reason to Believe’ Still Valid for Initiation of Reassessment Proceedings?

CA V K Subramani – … Continue reading “[Opinion] Is the Expression ‘Reason to Believe’ Still Valid for Initiation of Reassessment Proceedings?”

Blog, News, Income Tax

November 29, 2023

AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC

Case Details: GSP Piling Constructions … Continue reading “AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC”

News, Blog, Income Tax

November 28, 2023

Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order

Case Details: Shrishti Institute of … Continue reading “Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order”

Blog, News, Income Tax

November 28, 2023

Payment for Processing of Milk into Milk Products is Subject to TDS u/s 194C, Not Sec. 194J | Gujarat HC

Case Details: PCIT vs. Maahi … Continue reading “Payment for Processing of Milk into Milk Products is Subject to TDS u/s 194C, Not Sec. 194J | Gujarat HC”

Blog, News, Income Tax

November 27, 2023

CBDT Notifies ‘Chhattisgarh Rajya Beej Pramanikaran Sansth’ & ‘Maharashtra Council of Homoeopathy’ u/s 10(46)

S.O. 5044(E) and 5045(E), dated … Continue reading “CBDT Notifies ‘Chhattisgarh Rajya Beej Pramanikaran Sansth’ & ‘Maharashtra Council of Homoeopathy’ u/s 10(46)”