Income Tax

Blog, FEMA & Banking, International Tax, Company Law, Income Tax

November 30, 2023

Mastering Price Adjustments & Earn-outs in Indian M&A | Key Legal & Tax Insights

Table of Contents Purchase Price … Continue reading “Mastering Price Adjustments & Earn-outs in Indian M&A | Key Legal & Tax Insights”

Blog, News, Income Tax

November 30, 2023

Bombay HC Accepts the Assessee’s Alternate Claim Also & Lucidly Explains the Concept of Family Arrangement

CA S. Krishnan – [2023] … Continue reading “Bombay HC Accepts the Assessee’s Alternate Claim Also & Lucidly Explains the Concept of Family Arrangement”

News, Blog, Income Tax

November 30, 2023

Draft Order Sent to e-mail ID of Branch Office isn’t Justified If Notice Was Sent to e-mail ID of Assessee | HC

Case Details: Indian Bank vs. … Continue reading “Draft Order Sent to e-mail ID of Branch Office isn’t Justified If Notice Was Sent to e-mail ID of Assessee | HC”

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November 29, 2023

[Opinion] Is the Expression ‘Reason to Believe’ Still Valid for Initiation of Reassessment Proceedings?

CA V K Subramani – … Continue reading “[Opinion] Is the Expression ‘Reason to Believe’ Still Valid for Initiation of Reassessment Proceedings?”

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November 29, 2023

AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC

Case Details: GSP Piling Constructions … Continue reading “AO to Record Reasons for Carrying Out Reassessment Even in Case of an Ex-parte Proceedings | HC”

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November 28, 2023

Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order

Case Details: Shrishti Institute of … Continue reading “Order Passed by CIT u/s 119 Can’t be Filed Before ITAT as it isn’t Listed u/s 253(1) as an Appealable Order”

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November 28, 2023

Payment for Processing of Milk into Milk Products is Subject to TDS u/s 194C, Not Sec. 194J | Gujarat HC

Case Details: PCIT vs. Maahi … Continue reading “Payment for Processing of Milk into Milk Products is Subject to TDS u/s 194C, Not Sec. 194J | Gujarat HC”

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November 27, 2023

CBDT Notifies ‘Chhattisgarh Rajya Beej Pramanikaran Sansth’ & ‘Maharashtra Council of Homoeopathy’ u/s 10(46)

S.O. 5044(E) and 5045(E), dated … Continue reading “CBDT Notifies ‘Chhattisgarh Rajya Beej Pramanikaran Sansth’ & ‘Maharashtra Council of Homoeopathy’ u/s 10(46)”

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November 27, 2023

Interest Exp. Can’t be Disallowed If Co. Didn’t Recognize Interest Income as Recovering Loans Becomes Impossible

Case Details: DCIT vs. M/s. … Continue reading “Interest Exp. Can’t be Disallowed If Co. Didn’t Recognize Interest Income as Recovering Loans Becomes Impossible”

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November 25, 2023

Posting Date of Misc. Petition Hearing in Cause List is Inadequate; Parties Must be Formally Notified of Hearing Date | HC

Case Details: Ejaz Tanning Company … Continue reading “Posting Date of Misc. Petition Hearing in Cause List is Inadequate; Parties Must be Formally Notified of Hearing Date | HC”