Income Tax

Blog, News, Income Tax

February 9, 2025

Hypothetical Income in Agreement Not Taxable Until Stipulated Conditions Are Satisfied | ITAT

Case Details: Assistant Commissioner of … Continue reading “Hypothetical Income in Agreement Not Taxable Until Stipulated Conditions Are Satisfied | ITAT”

Blog, News, Income Tax

February 7, 2025

[Opinion] Budget 2025 | Amendments Proposed in Computation of Total Income of Block Period in Search Cases

V K Subramani – [2025] … Continue reading “[Opinion] Budget 2025 | Amendments Proposed in Computation of Total Income of Block Period in Search Cases”

Blog, News, Income Tax

February 7, 2025

[Opinion] Is It Time to Bid Good Bye to the Old Personal Tax Regime?

Mayank Mohanka – [2025] 171 … Continue reading “[Opinion] Is It Time to Bid Good Bye to the Old Personal Tax Regime?”

Blog, Budget, Income Tax

February 3, 2025

[Analysis] Union Budget 2025 | TDS/TCS Amendments in Finance Bill 2025

The Finance Bill 2025 introduced … Continue reading “[Analysis] Union Budget 2025 | TDS/TCS Amendments in Finance Bill 2025”

Blog, News, Income Tax

January 31, 2025

[Opinion] Unpacking the Debate Over Section 54F Exemption

Shilpa Sharma & Diksha Goel … Continue reading “[Opinion] Unpacking the Debate Over Section 54F Exemption”

Blog, News, Income Tax

January 31, 2025

CIT(E) Can’t Reject Trust’s Application for Registration Merely on a Technical Ground | ITAT

Case Details: Torna Rajgad Parisar … Continue reading “CIT(E) Can’t Reject Trust’s Application for Registration Merely on a Technical Ground | ITAT”

Blog, News, Income Tax

January 31, 2025

No Additions Towards Unexplained Cash if It Was Out of Savings of Family Members and Gifts From Brothers | ITAT

Case Details: Avinash Singla vs. … Continue reading “No Additions Towards Unexplained Cash if It Was Out of Savings of Family Members and Gifts From Brothers | ITAT”

Blog, News, Income Tax

January 31, 2025

Orders Passed u/s 201 in Pursuance of Action u/s 133A Are Appealable Before CIT(A) Under e-Appeal Scheme | CBDT

Order F. No. 225/17/2025-ITA-II, dated … Continue reading “Orders Passed u/s 201 in Pursuance of Action u/s 133A Are Appealable Before CIT(A) Under e-Appeal Scheme | CBDT”

Blog, News, Income Tax

January 31, 2025

Sec. 263 Revision Justified as AO Failed to Verify Audit Party’s Objections on MF/Share Investments | HC

Case Details: Principal Commissioner of … Continue reading “Sec. 263 Revision Justified as AO Failed to Verify Audit Party’s Objections on MF/Share Investments | HC”

Blog, News, Income Tax

January 31, 2025

CBDT Notifies Rules 2DAA & 21ACA Prescribing Conditions for VC Funds u/s 10(23FB) & IFSC Finance Companies u/s 94B

Notification no. 10/2025, dated 27-01-2025 … Continue reading “CBDT Notifies Rules 2DAA & 21ACA Prescribing Conditions for VC Funds u/s 10(23FB) & IFSC Finance Companies u/s 94B”