Income Tax

Blog, News, Income Tax

April 1, 2023

Govt. Increases Interest Rates for various Small Saving Schemes for 1st Quarter of FY 2023-24

Notification F. no. 1/4/2019-NS dated … Continue reading “Govt. Increases Interest Rates for various Small Saving Schemes for 1st Quarter of FY 2023-24”

Blog, News, Income Tax

April 1, 2023

CBDT allows NR not having PAN to manually File Form 10F till 30-09-2023

F No. DGIT(S)-ADG(S)-3/e-Filing Notification/Forms/2023/13420, dated … Continue reading “CBDT allows NR not having PAN to manually File Form 10F till 30-09-2023”

Blog, News, Income Tax

March 31, 2023

[Opinion] Debt Mutual Funds Shall be Taxed – Fair or Unfair | The Real Picture

CA Divvya Gupta – [2023] … Continue reading “[Opinion] Debt Mutual Funds Shall be Taxed – Fair or Unfair | The Real Picture”

Blog, News, Income Tax

March 31, 2023

Depreciation can’t be disallowed if business assets are ready for use despite market conditions

Case Details: Sambhav Energy Ltd. … Continue reading “Depreciation can’t be disallowed if business assets are ready for use despite market conditions”

Blog, News, Income Tax

March 29, 2023

CBDT notifies consequences that will apply to a person if his PAN becomes inoperative

Notification No. 15/2023, dated 28-03-2023 … Continue reading “CBDT notifies consequences that will apply to a person if his PAN becomes inoperative”

Blog, News, Income Tax

March 29, 2023

Last date to link PAN with Aadhaar extended to June 30, 2023: CBDT

Press Release Dated 28-03-2023 Considering … Continue reading “Last date to link PAN with Aadhaar extended to June 30, 2023: CBDT”

Blog, News, Income Tax

March 28, 2023

Finance Minister moved amendment to Finance Bill 2023 in Rajya Sabha

News, dated 27-03-2023 On March … Continue reading “Finance Minister moved amendment to Finance Bill 2023 in Rajya Sabha”

News, Blog, Income Tax

March 28, 2023

AO can’t levy penalty in absence of jurisdictional fact that assessee accepted cash loan from wife: ITAT

Case Details: ITO v. Sudhir … Continue reading “AO can’t levy penalty in absence of jurisdictional fact that assessee accepted cash loan from wife: ITAT”

Blog, Advisory, Income Tax

April 25, 2024

[Analysis] Changes introduced in the Lok Sabha-approved Finance Bill 2023

By Taxmann Advisory & Research … Continue reading “[Analysis] Changes introduced in the Lok Sabha-approved Finance Bill 2023”

News, Blog, Income Tax

March 25, 2023

Sec. 54F relief available if second house occupied by him is in foreign country: ITAT

Case Details: Smt. Maries Joseph … Continue reading “Sec. 54F relief available if second house occupied by him is in foreign country: ITAT”