Income Tax

Blog, Advisory, Income Tax

April 25, 2024

[Analysis] Know the New TCS Provisions on LRS and Overseas Tour Packages

Table of Contents Introduction Credit … Continue reading “[Analysis] Know the New TCS Provisions on LRS and Overseas Tour Packages”

Blog, News, Income Tax

June 29, 2023

Bombay HC Allows Capital Gain Exemption to Singapore-based FII

Case Details: Commissioner of Income-tax … Continue reading “Bombay HC Allows Capital Gain Exemption to Singapore-based FII”

Blog, News, Income Tax

June 29, 2023

Govt. Authorises ICICI, Axis, HDFC, IDBI & all Public Sector Banks to Operate Mahila Samman Savings Scheme

Notification F. No. 1/3/2023-NS, dated … Continue reading “Govt. Authorises ICICI, Axis, HDFC, IDBI & all Public Sector Banks to Operate Mahila Samman Savings Scheme”

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”

News, Blog, 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”