Income Tax

Blog, Income Tax

June 28, 2023

Decoding the Recent Changes in Angel Tax Provisions

Table of Contents Background Angel … Continue reading “Decoding the Recent Changes in Angel Tax Provisions”

Blog, News, Income Tax

June 28, 2023

Tolerance Limit for Transfer Pricing Remains Unchanged for Assessment Year 2023-24: CBDT

Notification No. 46/2023, dated 26-06-2023 … Continue reading “Tolerance Limit for Transfer Pricing Remains Unchanged for Assessment Year 2023-24: CBDT”

Blog, News, Income Tax

June 28, 2023

Construction Permission from Gram Panchayat isn’t Sufficient to Prove Actual Construction, No sec. 54F Relief

Case Details: Smt. Amarnath Sarala … Continue reading “Construction Permission from Gram Panchayat isn’t Sufficient to Prove Actual Construction, No sec. 54F Relief”

Blog, News, Income Tax

June 27, 2023

[Opinion] Science Museum’s Exemption Goes Up in Smoke

Meenakshi Subramaniam – [2023] 151 … Continue reading “[Opinion] Science Museum’s Exemption Goes Up in Smoke”

News, Blog, Income Tax

June 27, 2023

Compensation Paid for Delayed Allotment of Plot of Land isn’t Interest, No Sec. 194A TDS: ITAT

Case Details: Sawhney Builders (P.) … Continue reading “Compensation Paid for Delayed Allotment of Plot of Land isn’t Interest, No Sec. 194A TDS: ITAT”

Blog, News, Income Tax

June 26, 2023

CIT(E) can’t Question Purpose of Creation of Trust without Disputing its Objects & Activities: ITAT

Case Details: B.M.L. Welfare Trust … Continue reading “CIT(E) can’t Question Purpose of Creation of Trust without Disputing its Objects & Activities: ITAT”

Blog, News, Income Tax

June 26, 2023

CBDT Amends IT Rules to Incorporate FA 2023 Amendments Related to Trusts & Institutions

Notification No. 45/2023, dated 23-06-2023 … Continue reading “CBDT Amends IT Rules to Incorporate FA 2023 Amendments Related to Trusts & Institutions”

ITR Week 2024-25, Blog, Income Tax

June 19, 2024

[FAQs] Income Tax Returns (ITR) | Requirement to File ITR

Filing an Income Tax Return … Continue reading “[FAQs] Income Tax Returns (ITR) | Requirement to File ITR”

News, Blog, Income Tax

June 23, 2023

[Opinion] Rationalization of the First Appeal Process – Introduction of the Authority of Joint Commissioner (Appeals)

  CA Sudeep Das & … Continue reading “[Opinion] Rationalization of the First Appeal Process – Introduction of the Authority of Joint Commissioner (Appeals)”

Blog, News, Income Tax

June 23, 2023

CBDT Amends IT Rules | Introduces Rule 21AGA and Form 10-IEA for Opting Old Tax Regime

Notification No. 43/2023, dated 21-06-2023 … Continue reading “CBDT Amends IT Rules | Introduces Rule 21AGA and Form 10-IEA for Opting Old Tax Regime”