Income Tax

News, Blog, Income Tax

May 22, 2023

No TCS on Overseas Spending with International Debit/Credit Cards Upto Rs 7 Lakhs per FY

Press Release, dated 19-05-2023 In … Continue reading “No TCS on Overseas Spending with International Debit/Credit Cards Upto Rs 7 Lakhs per FY”

Blog, Income Tax

May 22, 2023

Guide to Dealing with Income Tax Notices Received by Donors of RUPPs

Table of Contents Search on … Continue reading “Guide to Dealing with Income Tax Notices Received by Donors of RUPPs”

Blog, Income Tax

May 20, 2023

Concept and Evolution of Benami Principles through Landmark Judgments

Table of Contents Introduction Some … Continue reading “Concept and Evolution of Benami Principles through Landmark Judgments”

Blog, Income Tax

May 20, 2023

Understanding Capital Gains | A Comprehensive Guide and FAQs

Table of Contents Introduction The … Continue reading “Understanding Capital Gains | A Comprehensive Guide and FAQs”

Blog, News, Income Tax

May 20, 2023

Transfer of Land through Oral Agreement isn’t Valid: ITAT

Case Details: Allam Adavaiah v. … Continue reading “Transfer of Land through Oral Agreement isn’t Valid: ITAT”

News, Blog, Income Tax

May 19, 2023

‘Bitumen’ isn’t ‘Valuable Article’; No Sec. 69A addition if Transporter doesn’t deliver it to Govt.: SC

Case Details: D. N. Singh … Continue reading “‘Bitumen’ isn’t ‘Valuable Article’; No Sec. 69A addition if Transporter doesn’t deliver it to Govt.: SC”

Blog, News, Income Tax

May 19, 2023

[Opinion] Whether Sec. 112(1)(c)(iii) Applicable to NR Supersede General Provisions of Computing Capital Gains?

CA Mukesh Kohli – [2023] … Continue reading “[Opinion] Whether Sec. 112(1)(c)(iii) Applicable to NR Supersede General Provisions of Computing Capital Gains?”

Blog, Income Tax

May 18, 2023

Demystifying Tax Deduction at Source (TDS) – Interest on Securities

Table of Contents Who is … Continue reading “Demystifying Tax Deduction at Source (TDS) – Interest on Securities”

Blog, News, Income Tax

May 18, 2023

Individual Can’t be Held as a Beneficial Owner of Investments made by Foreign Co.: ITAT

Case Details: Shri Krishna Das … Continue reading “Individual Can’t be Held as a Beneficial Owner of Investments made by Foreign Co.: ITAT”

Blog, News, Income Tax

May 18, 2023

Threshold Limit for Interest under Mahila Samman Savings Certificate for Sec. 194A is Rs. 40,000: CBDT

Notification No. 27/2023, dated 16-05-2023 … Continue reading “Threshold Limit for Interest under Mahila Samman Savings Certificate for Sec. 194A is Rs. 40,000: CBDT”