Income Tax

Blog, News, Income Tax

June 1, 2023

AO Can’t Make Additions Based on Inflated Stock in the Stock Statement Submitted to the Bank: HC

Case Details: SRI Chitta Ranjan … Continue reading “AO Can’t Make Additions Based on Inflated Stock in the Stock Statement Submitted to the Bank: HC”

News, Blog, Income Tax

June 1, 2023

Sec. 80G Provisional Approval is Effective from the Relevant AY of the Application Year: CBDT

G.S.R. 399(E) dated 30-05-2023 The … Continue reading “Sec. 80G Provisional Approval is Effective from the Relevant AY of the Application Year: CBDT”

Blog, News, Income Tax

May 31, 2023

CBDT Amends Rules 45/46A & Form 35 to Enable Filing of an Appeal Before JCIT(A)

Notification No. 32/2023, dated 29-05-2023 … Continue reading “CBDT Amends Rules 45/46A & Form 35 to Enable Filing of an Appeal Before JCIT(A)”

Blog, News, Income Tax

May 31, 2023

CBDT Notifies e-Appeals Scheme, 2023 | Implements Functioning of JCIT(A)

Notification No. 33/2023, dated 29-05-2023 … Continue reading “CBDT Notifies e-Appeals Scheme, 2023 | Implements Functioning of JCIT(A)”

Blog, News, Income Tax

May 30, 2023

Provisions Related to Transfer of Cases Continue to Exist Despite of Faceless Assessment Scheme: HC

Case Details: Sanjay Gandhi Memorial … Continue reading “Provisions Related to Transfer of Cases Continue to Exist Despite of Faceless Assessment Scheme: HC”

Blog, News, Income Tax

May 30, 2023

[Opinion] Penalty Provisions for Failure to Deduct & Pay TDS to the Account of Central Govt.

CA Motichand Gupta & Balaji … Continue reading “[Opinion] Penalty Provisions for Failure to Deduct & Pay TDS to the Account of Central Govt.”

Blog, Income Tax

May 29, 2023

Alternative Tax Regime & TDS/TCS Amendments by the Finance Act 2023

Table of Contents An Overview … Continue reading “Alternative Tax Regime & TDS/TCS Amendments by the Finance Act 2023”

Blog, News, Income Tax

May 29, 2023

CBDT Releases Draft Rule 11UA incorporating Five New Valuation Methods

Notification F. No. 370142/9/2023, dated … Continue reading “CBDT Releases Draft Rule 11UA incorporating Five New Valuation Methods”

Blog, News, Income Tax

May 26, 2023

Understanding Capital Gains | Impact of the Finance Act 2023

Table of Contents Exemption from … Continue reading “Understanding Capital Gains | Impact of the Finance Act 2023”

News, Blog, Income Tax

May 26, 2023

CBDT Notifies Persons Exempt from Provisions Related to ‘Angel Tax’

Notification No. 29/2023, dated 24-05-2023 … Continue reading “CBDT Notifies Persons Exempt from Provisions Related to ‘Angel Tax’”