Income Tax

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November 18, 2023

Application for NIL TDS Certificate Can’t Be Rejected Merely Because Assessee Didn’t File Returns for Past Four Years | HC

Case Details: Bitkuber Investments Private … Continue reading “Application for NIL TDS Certificate Can’t Be Rejected Merely Because Assessee Didn’t File Returns for Past Four Years | HC”

Blog, News, Income Tax

November 17, 2023

CBDT Prescribes Monetary Limit of Rs. 10 Lakh or More to Withhold Refund u/s 245(2)

Instruction No. 02/2023, dated 10-11-2023 … Continue reading “CBDT Prescribes Monetary Limit of Rs. 10 Lakh or More to Withhold Refund u/s 245(2)”

Blog, News, Income Tax

November 17, 2023

Sec. 11 Exemption Can’t be Availed for ITRs in Which It Wasn’t Claimed If Registration was Granted from Later Date

Case Details: Association of Oral … Continue reading “Sec. 11 Exemption Can’t be Availed for ITRs in Which It Wasn’t Claimed If Registration was Granted from Later Date”

News, Blog, Income Tax

November 16, 2023

As of November 9, 2023, Direct Tax Collections are Robust at Rs. 12.37 Lakh, Marking a 17.59% YoY Growth | CBDT

Press Release, dated 10-11-2023 The … Continue reading “As of November 9, 2023, Direct Tax Collections are Robust at Rs. 12.37 Lakh, Marking a 17.59% YoY Growth | CBDT”

Blog, News, Income Tax

November 16, 2023

Rule 112F Exception Applies Only If Seized Assets Relate to Ongoing Assembly or Parliamentary Elections | HC

Case Details: St. Antony Educational … Continue reading “Rule 112F Exception Applies Only If Seized Assets Relate to Ongoing Assembly or Parliamentary Elections | HC”

News, Blog, Income Tax

November 14, 2023

Post Office Savings a/c Interest Rate Applies on Premature Closure Under National Savings Time Deposit After 4 Years

G.S.R. 830(E), 07-11-2023 The Govt. … Continue reading “Post Office Savings a/c Interest Rate Applies on Premature Closure Under National Savings Time Deposit After 4 Years”

Blog, News, Income Tax

November 14, 2023

Annexure Supplied With Notice Containing Details for Reassessment is Sufficient to Submit Response By Assessee | HC

Case Details: Samriddhi Industries v. … Continue reading “Annexure Supplied With Notice Containing Details for Reassessment is Sufficient to Submit Response By Assessee | HC”

Blog, News, Income Tax

November 10, 2023

HC Disposed of AIFTP’s PIL After CBDT Provided an Affidavit for Expeditious Disposal of Pending Appeals

Case Details: All India Federation … Continue reading “HC Disposed of AIFTP’s PIL After CBDT Provided an Affidavit for Expeditious Disposal of Pending Appeals”

Blog, News, Income Tax

November 10, 2023

[Opinion] Controversies Regarding “Anonymous Donations” To Charitable Organisations

CA Dindayal Dhandaria & CA … Continue reading “[Opinion] Controversies Regarding “Anonymous Donations” To Charitable Organisations”

Blog, Advisory, Income Tax

April 25, 2024

Surcharge Rates for FY 2023-24 – Individual | HUF | Companies | Other Assessees

Table of Contents In case … Continue reading “Surcharge Rates for FY 2023-24 – Individual | HUF | Companies | Other Assessees”