Income Tax

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April 7, 2023

[Opinion] Whether Requirement of giving an Assessee a Reasonable Opportunity of Personal Hearing is Mandatory?

Mukesh Kohli – [2023] 149 … Continue reading “[Opinion] Whether Requirement of giving an Assessee a Reasonable Opportunity of Personal Hearing is Mandatory?”

News, Blog, Income Tax

April 7, 2023

Employer to Deduct Tax as per New Tax Regime if Employee didn’t intimate about Opting of Old Regime: CBDT

Circular no 4 of 2023, … Continue reading “Employer to Deduct Tax as per New Tax Regime if Employee didn’t intimate about Opting of Old Regime: CBDT”

Blog, Income Tax

April 6, 2023

Depreciation and its Statutory Background in relation to Business Assets

Table of Content 1. Statutory … Continue reading “Depreciation and its Statutory Background in relation to Business Assets”

Blog, News, Income Tax

April 6, 2023

Date of Sale Agreement to be Considered while Allowing Sec. 54F Relief even if Sale Deed was Executed Later: ITAT

Case Details: Mrs. D. Vijayalakshmi … Continue reading “Date of Sale Agreement to be Considered while Allowing Sec. 54F Relief even if Sale Deed was Executed Later: ITAT”

Blog, News, Income Tax

April 6, 2023

Definition of ‘Sikkimese’ amended by Finance Act 2023 is applicable only for Income-tax Act: CBDT

Press Release, dated 04-04-2023 The … Continue reading “Definition of ‘Sikkimese’ amended by Finance Act 2023 is applicable only for Income-tax Act: CBDT”

News, Blog, Income Tax

April 5, 2023

Provisional Net Direct Collections for FY 2022-23 marks growth of 17.63%: FinMin

Press Release dated 03-04-2023 The … Continue reading “Provisional Net Direct Collections for FY 2022-23 marks growth of 17.63%: FinMin”

Blog, News, Income Tax

April 5, 2023

HC Rejected Condonation of Delay Plea on Ground that NR wasn’t Aware of Due Dates for Filing Returns

Case Details: Puneet Rastogi v. … Continue reading “HC Rejected Condonation of Delay Plea on Ground that NR wasn’t Aware of Due Dates for Filing Returns”

Blog, News, Income Tax

April 4, 2023

No TP Additions for Shift to Fixed Interest Rate from Floating to Mitigate Business Risk

Case Details: BG Exploraton & … Continue reading “No TP Additions for Shift to Fixed Interest Rate from Floating to Mitigate Business Risk”

Blog, News, Income Tax

April 4, 2023

CBDT signed 95 Advance Pricing Agreements in FY 2022-23

Press Release, dated 31-03-2023 The … Continue reading “CBDT signed 95 Advance Pricing Agreements in FY 2022-23”

Blog, Income Tax

April 4, 2023

[Summary] of the Amendments made by the Finance Act 2023

Table of Contents Time-limit specified … Continue reading “[Summary] of the Amendments made by the Finance Act 2023”