Income Tax

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May 8, 2023

The Curious Case of 5th and 6th proviso to Section 149(1) of Income Tax Act 1961

  Adv (CA) Abhishek Garg, … Continue reading “The Curious Case of 5th and 6th proviso to Section 149(1) of Income Tax Act 1961”

Blog, News, Income Tax

May 8, 2023

ITAT Permits Use of Survey Docs. against Assessee Despite Retracted Statement on Oath

  Case Details: Bhimsen Darbarilal … Continue reading “ITAT Permits Use of Survey Docs. against Assessee Despite Retracted Statement on Oath”

Blog, News, Income Tax

May 8, 2023

Sec. 56(2)(viia) would Prevail over Sec. 47(vi) if Shares are Transferred on Account of Amalgamation: ITAT

Case Details: ACIT v. Vertex … Continue reading “Sec. 56(2)(viia) would Prevail over Sec. 47(vi) if Shares are Transferred on Account of Amalgamation: ITAT”

Blog, News, Income Tax

May 5, 2023

AO can’t Presume Income of Assessee Relying upon School Admission Forms of Children: ITAT

Case Details: Bharatbhai Manubhai Baldha … Continue reading “AO can’t Presume Income of Assessee Relying upon School Admission Forms of Children: ITAT”

Blog, News, Income Tax

May 5, 2023

Govt. notifies provisions of DTAA with ‘Chile’

Notification No. 24/2023, dated 03-05-2023 … Continue reading “Govt. notifies provisions of DTAA with ‘Chile’”

Blog, News, Income Tax

May 6, 2023

Uber EATS Follows Uber App Model; Uber India not Liable under Sec 194C: ITAT

Case details: Dy. Commissioner of … Continue reading “Uber EATS Follows Uber App Model; Uber India not Liable under Sec 194C: ITAT”

News, Blog, Income Tax

May 3, 2023

Alternative Remedy will not Operate as an Absolute Bar for Entertaining a Writ Petition: HC

Case Details: Ashiana Housing Ltd. … Continue reading “Alternative Remedy will not Operate as an Absolute Bar for Entertaining a Writ Petition: HC”

Blog, News, Income Tax

May 2, 2023

[Opinion] Is the Judgement of SC in Abhisar Buildwell Case reaffirm the Ratio of Judgement of Kabul Chawla?

I. Introduction Shorn of unnecessary … Continue reading “[Opinion] Is the Judgement of SC in Abhisar Buildwell Case reaffirm the Ratio of Judgement of Kabul Chawla?”

Blog, News, Income Tax

May 2, 2023

Benefit of Sec. 11 Exemption can’t be extended to ‘Deemed Income’ referred to in Sec. 11(3): ITAT

Case Details: Prabhas Patan Jain … Continue reading “Benefit of Sec. 11 Exemption can’t be extended to ‘Deemed Income’ referred to in Sec. 11(3): ITAT”

Blog, Income Tax

May 2, 2023

[Case Study] on Notice and Requisition under Income Tax Act

Check out Taxmann’s Tax Practice … Continue reading “[Case Study] on Notice and Requisition under Income Tax Act”