Income Tax

Blog, News, Income Tax

February 24, 2023

CBDT advises following Instruction No. 7/2017 for rectifying accepted revenue audit objections

Instruction F. No. 246/06/2023, dated … Continue reading “CBDT advises following Instruction No. 7/2017 for rectifying accepted revenue audit objections”

News, Blog, Income Tax

February 23, 2023

No provision in Benami law for assessee to cross-examine witnesses in preliminary stage: HC

Case Details: Marg Projects and … Continue reading “No provision in Benami law for assessee to cross-examine witnesses in preliminary stage: HC”

Blog, News, Income Tax

February 23, 2023

CBDT notifies New Audit Reports to be furnished by Charitable or Religious Trusts

Notification No. 7/2023, dated 21-02-2023 … Continue reading “CBDT notifies New Audit Reports to be furnished by Charitable or Religious Trusts”

Blog, News, Income Tax

February 22, 2023

50% of rent is taxable in wife’s hand if sale deed doesn’t specify her share in joint property: ITAT

Case Details: Smt. Shivani Madan … Continue reading “50% of rent is taxable in wife’s hand if sale deed doesn’t specify her share in joint property: ITAT”

Blog, News, Income Tax

February 22, 2023

[Opinion] Finance Bill 2023 – Foreign remittances under LRS, sale of overseas tour packages to attract higher TCS

CA Sudeep Das & CA … Continue reading “[Opinion] Finance Bill 2023 – Foreign remittances under LRS, sale of overseas tour packages to attract higher TCS”

Blog, News, Income Tax

February 21, 2023

[Opinion] Taxation of Share Premium – Widening the Scope of Section 56(2)(viib)

Chandraprakash R Surana, V Seshadri … Continue reading “[Opinion] Taxation of Share Premium – Widening the Scope of Section 56(2)(viib)”

Blog, Income Tax

May 9, 2024

All About Appeal before CIT/JCIT (Appeals) – Time Limit | Procedure | Fee

CIT (Commissioner of Income Tax) … Continue reading “All About Appeal before CIT/JCIT (Appeals) – Time Limit | Procedure | Fee”

Blog, Income Tax

May 10, 2024

All About the Hindu Undivided Family (HUF) – Background | Benefits | Drawbacks

What is Hindu Undivided Family … Continue reading “All About the Hindu Undivided Family (HUF) – Background | Benefits | Drawbacks”

Blog, Income Tax

May 9, 2024

How to Save Capital Gain Tax on Sale of Commercial Property?

What is the capital gains … Continue reading “How to Save Capital Gain Tax on Sale of Commercial Property?”

Blog, Income Tax

May 10, 2024

Section 195 – TDS on Non-Residents of India (NRI)

What is TDS on Non-Residents … Continue reading “Section 195 – TDS on Non-Residents of India (NRI)”