Income Tax

News, Blog, Income Tax

September 30, 2024

CBDT Notifies ‘Designated Authority’ under the Direct Tax Vivad Se Vishwas Scheme, 2024

Notification No. 1, dated 27-09-2024 … Continue reading “CBDT Notifies ‘Designated Authority’ under the Direct Tax Vivad Se Vishwas Scheme, 2024”

Blog, News, Income Tax

September 28, 2024

Investment in Multiple Residential Units Considered as One if Purchased Through Single Sale Deed | ITAT

Case Details: Suruchi Jena vs. … Continue reading “Investment in Multiple Residential Units Considered as One if Purchased Through Single Sale Deed | ITAT”

Blog, News, Income Tax

September 28, 2024

[Opinion] Need to Rationalise TDS Prosecution Provisions

Pranay Bhatia – [2024] 166 … Continue reading “[Opinion] Need to Rationalise TDS Prosecution Provisions”

Blog, Income Tax

October 4, 2024

[FAQs] DPIIT Recognition for Startups – Eligibility | Benefits | Startup India Incentives

DPIIT Recognition for Startups is … Continue reading “[FAQs] DPIIT Recognition for Startups – Eligibility | Benefits | Startup India Incentives”

Blog, Income Tax

October 21, 2024

[Analysis] Vivad Se Vishwas Scheme 2.0 – Resolve Income-Tax Disputes Efficiently

The Vivad Se Vishwas Scheme … Continue reading “[Analysis] Vivad Se Vishwas Scheme 2.0 – Resolve Income-Tax Disputes Efficiently”

Blog, News, Income Tax

September 27, 2024

Brokerage Paid to Obtain Refund of Amount Invested in Cancelled Project is Allowable as Deduction u/s 57 | ITAT

Case Details: Deepak N. Sippy … Continue reading “Brokerage Paid to Obtain Refund of Amount Invested in Cancelled Project is Allowable as Deduction u/s 57 | ITAT”

Blog, News, Income Tax

September 26, 2024

Penalty Rightly Imposed for Furnishing Inaccurate Particulars if Assessee Withdrew Incorrect Claim by Filing Revised ITR

Case Details: Smt. Maya K. … Continue reading “Penalty Rightly Imposed for Furnishing Inaccurate Particulars if Assessee Withdrew Incorrect Claim by Filing Revised ITR”

Blog, News, Income Tax

September 26, 2024

Explanation to Sec. 14A Inserted by FA 2022 Is Applicable Prospectively | Gauhati HC

Case Details: Williamson Financial Services … Continue reading “Explanation to Sec. 14A Inserted by FA 2022 Is Applicable Prospectively | Gauhati HC”

News, Blog, Income Tax

September 25, 2024

[Opinion] Section 43B(h) Is Not Sacrosanct as It Does Not Consider Trade Terms

Dr (CA) Hemant O Sharma … Continue reading “[Opinion] Section 43B(h) Is Not Sacrosanct as It Does Not Consider Trade Terms”

Blog, Income Tax

September 25, 2024

TDS on Payments to Non-Residents under Section 195 – Key Provisions and Guidelines

TDS on Payments to Non-Residents … Continue reading “TDS on Payments to Non-Residents under Section 195 – Key Provisions and Guidelines”