Income Tax

Blog, GST & Customs, Income Tax

October 25, 2023

Implications of Fake Invoice in GST and Income Tax

Table of Contents Case Study … Continue reading “Implications of Fake Invoice in GST and Income Tax”

Blog, News, Income Tax

October 21, 2023

CBDT Notifies Form No. 56F to Be Furnished by Assessee Claiming Deduction u/s 10AA

Notification No. 91 /2023, dated … Continue reading “CBDT Notifies Form No. 56F to Be Furnished by Assessee Claiming Deduction u/s 10AA”

Blog, News, Income Tax

October 20, 2023

Assessee Can Adopt Provisions of Act for One Source of Income and Apply DTAA Provisions for Another Source | ITAT

Case Details: Indium IV (Mauritius) … Continue reading “Assessee Can Adopt Provisions of Act for One Source of Income and Apply DTAA Provisions for Another Source | ITAT”

Blog, News, Income Tax

October 20, 2023

[Opinion] Can AO Automatically Invoke Deeming Provisions After Initiation of Survey or Search Proceedings?

CA Mukesh Kohli – [2023] … Continue reading “[Opinion] Can AO Automatically Invoke Deeming Provisions After Initiation of Survey or Search Proceedings?”

News, Blog, Income Tax

October 19, 2023

Section 269SS Does Not Apply to a Cash Loan Obtained by a Company from Its Director | ITAT

Case Details: Thamira Green Farm … Continue reading “Section 269SS Does Not Apply to a Cash Loan Obtained by a Company from Its Director | ITAT”

Blog, News, Income Tax

December 25, 2024

[Opinion] Gifts | A Comprehensive Analysis of an Everlasting Tax Planning Tool

Navneet Singal – [2023] 155 … Continue reading “[Opinion] Gifts | A Comprehensive Analysis of an Everlasting Tax Planning Tool”

Blog, News, Income Tax

October 18, 2023

Annual Licence Fee Paid by Airtel to DoT is a Capital Expenditure Amortizable Under Section 35ABB | SC

Case Details: Commissioner of Income-tax … Continue reading “Annual Licence Fee Paid by Airtel to DoT is a Capital Expenditure Amortizable Under Section 35ABB | SC”

Blog, News, Income Tax

October 18, 2023

CBDT Exempts IFSC Units from Form 15CA for Non-taxable Remittances and Introduces Form 15CD for Quarterly Reporting

Notification No. 89/2023, dated 16-10-2023 … Continue reading “CBDT Exempts IFSC Units from Form 15CA for Non-taxable Remittances and Introduces Form 15CD for Quarterly Reporting”

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”