Income Tax

Blog, News, Income Tax

October 18, 2023

Tax Dept. Conducts Search and Seizure Operations in Karnataka and AP&TS Region

Press Release, dated 16-10-2023 The … Continue reading “Tax Dept. Conducts Search and Seizure Operations in Karnataka and AP&TS Region”

Blog, News, Income Tax

October 18, 2023

Time Limit for Processing of All Validly Filed Returns Up to AY 2017-18 with Refund Claims Extended to 31-01-2024

Order F. No. 225/132/2023/ITA-II, dated … Continue reading “Time Limit for Processing of All Validly Filed Returns Up to AY 2017-18 with Refund Claims Extended to 31-01-2024”

News, Blog, Income Tax

October 17, 2023

No Section 40A(2) Disallowance Without Examining Qualification, Experience, and Work Profile of Related Parties | HC

Case Details: Mehra Jewel Palace … Continue reading “No Section 40A(2) Disallowance Without Examining Qualification, Experience, and Work Profile of Related Parties | HC”

Blog, News, Income Tax

October 17, 2023

CBDT Issues Clarification Regarding Assessment of Startup Companies Subsequent to FA 2023 Amendments

F.NO. 173/149/2019-ITA-1, dated 10-10-2023 Section … Continue reading “CBDT Issues Clarification Regarding Assessment of Startup Companies Subsequent to FA 2023 Amendments”

Blog, Income Tax

October 19, 2023

Understanding Corpus in Charities – Investment, Restrictions, and Inter-Charity Donations Guide

Table of Contents Meaning of … Continue reading “Understanding Corpus in Charities – Investment, Restrictions, and Inter-Charity Donations Guide”

Blog, News, Income Tax

October 13, 2023

CIT(E) Can’t Reject Trust Application Merely Due to Inadvertent Error of Mismatch in Name as Appearing on PAN | ITAT

Case Details: Shri Balkrishna Shudhhadwait … Continue reading “CIT(E) Can’t Reject Trust Application Merely Due to Inadvertent Error of Mismatch in Name as Appearing on PAN | ITAT”

News, Blog, Income Tax

October 13, 2023

Tax Dept. Conducts Search and Seizure Operations in Jammu and Kashmir

Press Release dated 11-10-2023 The … Continue reading “Tax Dept. Conducts Search and Seizure Operations in Jammu and Kashmir”

Blog, News, Income Tax

October 12, 2023

Net Direct Tax Collections Exceed 9.57 Lakh Crore, Marking a 21.82% Increase Compared to the Previous Year | CBDT

Press Release dated 10-10-2023 The … Continue reading “Net Direct Tax Collections Exceed 9.57 Lakh Crore, Marking a 21.82% Increase Compared to the Previous Year | CBDT”

Blog, News, Income Tax

October 12, 2023

Form 60 Can’t be Submitted by a Co. or Firm that is Involved in a Transaction Specified Under Rule 114B | CBDT

Notification No. 88/2023, dated 10-10-2023 … Continue reading “Form 60 Can’t be Submitted by a Co. or Firm that is Involved in a Transaction Specified Under Rule 114B | CBDT”

Blog, News, Income Tax

October 11, 2023

ICAI Releases’ Technical Guide’ on Reports of Audit under Sec. 12A/10(23C)

ICAI publication, dated October 2023 … Continue reading “ICAI Releases’ Technical Guide’ on Reports of Audit under Sec. 12A/10(23C)”