Income Tax

News, Blog, Income Tax

March 22, 2023

[Opinion] Income From House Property vs. Business Income

Akanksha Bohra – [2023] 148 … Continue reading “[Opinion] Income From House Property vs. Business Income”

Blog, News, Income Tax

March 22, 2023

Jurisdiction of assessee tied to business location, unless Sec. 124(3) requirements met: HC

Case Details: Biswajaya Dagara v. … Continue reading “Jurisdiction of assessee tied to business location, unless Sec. 124(3) requirements met: HC”

Blog, News, Income Tax

March 21, 2023

ITAT refused sec. 54F relief to assessee with multiple houses due to lack of commercial rental proof

Case Details: Surendra Babu Sabbineni … Continue reading “ITAT refused sec. 54F relief to assessee with multiple houses due to lack of commercial rental proof”

Blog, News, Income Tax

March 21, 2023

[Opinion] Reassessment Controversy – Post SC judgement in Ashish Agarwal

CA Sri Harsha & CA … Continue reading “[Opinion] Reassessment Controversy – Post SC judgement in Ashish Agarwal”

Blog, News, Income Tax

March 20, 2023

[Opinion] Importance of Judicial Discipline in Income Tax Proceedings

Amit Kumar Gupta – [2023] … Continue reading “[Opinion] Importance of Judicial Discipline in Income Tax Proceedings”

News, Blog, Income Tax

March 20, 2023

HC declares Circular 6/2016 on treating shares as stock-in-trade to have retroactive effect

Case Details: CIT v. Century … Continue reading “HC declares Circular 6/2016 on treating shares as stock-in-trade to have retroactive effect”

Blog, News, Income Tax

March 18, 2023

Incorrect claim made by assessee u/s 80G not a basis for invoking sec. 69A: ITAT

Case Details: Batuk Vithalabhai Donga … Continue reading “Incorrect claim made by assessee u/s 80G not a basis for invoking sec. 69A: ITAT”

News, Blog, Income Tax

March 17, 2023

No need to examine foreign laws while allowing Section 10(23C) claim: HC

Case Details: Laura Entwistle v. … Continue reading “No need to examine foreign laws while allowing Section 10(23C) claim: HC”

Blog, News, Income Tax

March 17, 2023

[Opinion] Tax on Gains on Transfer of Equity Shares & Mutual Funds for Individual

CA Pawan Singh – [2023] … Continue reading “[Opinion] Tax on Gains on Transfer of Equity Shares & Mutual Funds for Individual”

Blog, News, Income Tax

March 16, 2023

[Opinion] Enhanced Scope of Taxation for REITs/InvITs

Vishal Hakani & Neha Mehta … Continue reading “[Opinion] Enhanced Scope of Taxation for REITs/InvITs”