Income Tax

Blog, News, Income Tax

October 17, 2024

CBDT Releases FAQs on Direct Tax Vivad Se Vishwas Scheme 2024

Circular No. 12 of 2024, … Continue reading “CBDT Releases FAQs on Direct Tax Vivad Se Vishwas Scheme 2024”

Blog, News, Income Tax

October 17, 2024

CBDT Notifies New Form 12BAA Incorporating Details of Tax Deducted or Collected by Others

Notification No. 112/2024, dated 15-10-2024 … Continue reading “CBDT Notifies New Form 12BAA Incorporating Details of Tax Deducted or Collected by Others”

Blog, News, Income Tax

October 17, 2024

PIL Filed in HC Challenging Denial of Sec. 87A Rebate Under New Tax Regime If Income Taxed at Special Tax Rates

News, dated 16-10-2024 A Public … Continue reading “PIL Filed in HC Challenging Denial of Sec. 87A Rebate Under New Tax Regime If Income Taxed at Special Tax Rates”

Blog, Income Tax

October 16, 2024

How Section 270A Penalises Under-Reported Income – Key Provisions Explained

Section 270A of the Income … Continue reading “How Section 270A Penalises Under-Reported Income – Key Provisions Explained”

Blog, News, Income Tax

October 16, 2024

Trust Established Before Commencement of Act Can Make Provisions for Payment of Honorarium to Trustees: HC

Case Details: Commissioner of Income-tax … Continue reading “Trust Established Before Commencement of Act Can Make Provisions for Payment of Honorarium to Trustees: HC”

News, Blog, Income Tax

October 16, 2024

CBDT Notified Seventh Amendment Rules, 2024 to Amend Form 10A and Form 10AB

Notification No. 111/2024, dated 15-10-2024 … Continue reading “CBDT Notified Seventh Amendment Rules, 2024 to Amend Form 10A and Form 10AB”

Blog, News, Income Tax

October 15, 2024

[Opinion] With Defences Available u/s 149 to TOLA Batch of Reassessment Notices, Made to Become a Mirage, What Next for the Assessees?

Mayank Mohanka – [2024] 167 … Continue reading “[Opinion] With Defences Available u/s 149 to TOLA Batch of Reassessment Notices, Made to Become a Mirage, What Next for the Assessees?”

Blog, News, Income Tax

October 14, 2024

34 Lakh+ Tax Audit Reports Filed Till Due Date | Filing Grew at 4.8% Over the Previous Year

Press Release, dated 09-10-2024 On … Continue reading “34 Lakh+ Tax Audit Reports Filed Till Due Date | Filing Grew at 4.8% Over the Previous Year”

News, Blog, Income Tax

October 14, 2024

Sec. 13(1)(b) Embargo Applies Only to Trusts Created After Commencement of Income-Tax Act | ITAT

Case Details: Bai Navazbai Faramroze … Continue reading “Sec. 13(1)(b) Embargo Applies Only to Trusts Created After Commencement of Income-Tax Act | ITAT”

Blog, Income Tax

October 10, 2024

Section 194T | TDS on Payments to Partners – Salary | Remuneration | Commission

TDS on payment to partners … Continue reading “Section 194T | TDS on Payments to Partners – Salary | Remuneration | Commission”