Income Tax

Blog, News, Income Tax

September 14, 2023

CBDT Notifies ‘Units of Investment Trust & EFTs of IFSC’ for Sec. 47(viiab) Exemption

Notification No. 71/2023, dated 12-09-2023 … Continue reading “CBDT Notifies ‘Units of Investment Trust & EFTs of IFSC’ for Sec. 47(viiab) Exemption”

Blog, News, Income Tax

September 14, 2023

Provision Made in Respect of Payment to be Made to Employees Based on Co’s Financial Performance is to be Allowed | HC

Case Details: CGI Information Systems … Continue reading “Provision Made in Respect of Payment to be Made to Employees Based on Co’s Financial Performance is to be Allowed | HC”

Blog, News, Income Tax

September 12, 2023

[Opinion] The G20 New Delhi Declaration | What is there in it for Crypto & Foreign Assets Holdings

Mayank Mohanka – [2023] 154 … Continue reading “[Opinion] The G20 New Delhi Declaration | What is there in it for Crypto & Foreign Assets Holdings”

Blog, News, Income Tax

September 12, 2023

Recovery from Director Couldn’t be Made Without Indicating What Steps Were Taken to Trace Assets of Co. | HC

Case Details: Manjula D. Rita … Continue reading “Recovery from Director Couldn’t be Made Without Indicating What Steps Were Taken to Trace Assets of Co. | HC”

Blog, News, Income Tax

September 11, 2023

Extended Time Limit Provided by TOLA isn’t Applicable for Sanction of Notice u/s 151 | HC

Case Details: Siemens Financial Services … Continue reading “Extended Time Limit Provided by TOLA isn’t Applicable for Sanction of Notice u/s 151 | HC”

Blog, News, Income Tax

September 9, 2023

CIT Can’t Deny Sec. 12AA Registration to ‘Tennis Association’ Based on a Projection of What Might Happen in Future | HC

Case Details: CIT v. Cuttack … Continue reading “CIT Can’t Deny Sec. 12AA Registration to ‘Tennis Association’ Based on a Projection of What Might Happen in Future | HC”

Blog, Advisory, Account & Audit, Income Tax

April 25, 2024

[Analysis] of Changes Introduced in Guidance Note on Tax Audit

Table of Contents Introduction Audit … Continue reading “[Analysis] of Changes Introduced in Guidance Note on Tax Audit”

News, Blog, Income Tax

September 9, 2023

CBDT Lists Down Reasons for Delayed Processing of Income Tax Returns

Press Release, dated 05-09-2023 The … Continue reading “CBDT Lists Down Reasons for Delayed Processing of Income Tax Returns”

Blog, News, Income Tax

September 6, 2023

HC Can’t Admit an Appeal Without Formulating Any Substantial Question of Law | Apex Court

Case Details: Bikram Singh v. … Continue reading “HC Can’t Admit an Appeal Without Formulating Any Substantial Question of Law | Apex Court”

Blog, News, Income Tax

September 6, 2023

[Opinion] Section 54F Exemption | Small House Can Get Big Gains

Meenakshi Subramaniam – [2023] 153 … Continue reading “[Opinion] Section 54F Exemption | Small House Can Get Big Gains”