Income Tax

News, Blog, Income Tax

October 3, 2023

Sec. 264 Revision Allowable for Genuine ITR Mistakes Even if Assessee Claiming Change in All Figures | HC

Case Details: Diwaker Tripathi v. … Continue reading “Sec. 264 Revision Allowable for Genuine ITR Mistakes Even if Assessee Claiming Change in All Figures | HC”

Blog, News, Income Tax

September 30, 2023

AO Can’t Issue Notice in Name of a Non-existing Amalgamating Co. Merely Because its PAN is Active | HC

Case Details: Delta Electronics India … Continue reading “AO Can’t Issue Notice in Name of a Non-existing Amalgamating Co. Merely Because its PAN is Active | HC”

Blog, News, Income Tax

September 30, 2023

Govt. Keeps Interest Rates of Small Savings Schemes Unchanged for 3rd Quarter of FY 2023-24

Office memorandum F.No.1/4/2019-NS, dated 29-09-2023 … Continue reading “Govt. Keeps Interest Rates of Small Savings Schemes Unchanged for 3rd Quarter of FY 2023-24”

Blog, Advisory, Income Tax

April 25, 2024

[Analysis] Angel Tax | How to Determine the Value of Unlisted Equity Shares and Convertible Preference Shares?

Table of Contents Introduction Applicability … Continue reading “[Analysis] Angel Tax | How to Determine the Value of Unlisted Equity Shares and Convertible Preference Shares?”

Blog, News, Income Tax

September 29, 2023

CBDT Notifies Form 6D for Furnishing of ‘Inventory Valuation Report’ Under Section 142(2A)

Notification No. 82/2023, dated 27-09-2023 … Continue reading “CBDT Notifies Form 6D for Furnishing of ‘Inventory Valuation Report’ Under Section 142(2A)”

News, Blog, Income Tax

September 29, 2023

CBDT Notifies Procedure for Filing Form 13 for Lower/Nil TDS Certificate When Payer Details are Unavailable

Notification No.02/2023, dated 27-09-2023 Section … Continue reading “CBDT Notifies Procedure for Filing Form 13 for Lower/Nil TDS Certificate When Payer Details are Unavailable”

Blog, Income Tax

February 5, 2024

Common Difficulties in Filing Returns and Tax Audit

CA Darshak Shah – Partner … Continue reading “Common Difficulties in Filing Returns and Tax Audit”

Blog, News, Income Tax

September 28, 2023

AO Rightly Imposed Penalty Under Black Money Act for Non-disclosure of Foreign Assets in Schedule FA of ITR | ITAT

Case Details: Ms. Shobha Harish … Continue reading “AO Rightly Imposed Penalty Under Black Money Act for Non-disclosure of Foreign Assets in Schedule FA of ITR | ITAT”

Blog, News, Income Tax

September 28, 2023

[Opinion] Incentive Deductions Under the Income Tax Act, 1961

There are incentives by way … Continue reading “[Opinion] Incentive Deductions Under the Income Tax Act, 1961”

Blog, Income Tax

May 8, 2024

Understand Non-Resident Indians (NRIs) Taxation | Filing Income Tax Returns in India

What is the taxation of … Continue reading “Understand Non-Resident Indians (NRIs) Taxation | Filing Income Tax Returns in India”