Income Tax

Blog, News, Income Tax

November 4, 2022

[Opinion] Applicability of section 43B for deductibility of employees’ contribution to PF/ESI

Mukesh Kohli – [2022] 144 … Continue reading “[Opinion] Applicability of section 43B for deductibility of employees’ contribution to PF/ESI”

News, Blog, Income Tax

November 4, 2022

HC applies ‘lifting of corporate veil’ to deny exemption to trust collecting capitation fees as donations

Case Details: CIT v. MAC … Continue reading “HC applies ‘lifting of corporate veil’ to deny exemption to trust collecting capitation fees as donations”

Blog, News, Income Tax

November 3, 2022

ITAT to apply decision of larger bench in case of conflicting decisions of non-jurisdictional HCs: ITAT

Case Details: Wockhardt Ltd. v. … Continue reading “ITAT to apply decision of larger bench in case of conflicting decisions of non-jurisdictional HCs: ITAT”

Blog, News, Income Tax

November 2, 2022

CBDT proposes common ITR by merging all existing forms

Notification F No 370133/16/2022-TPL, dated … Continue reading “CBDT proposes common ITR by merging all existing forms”

Blog, News, Income Tax

November 2, 2022

CBDT condones delay in filing of Form 10A which was required to be e-Filed by Mar 31, 2022

Circular no. 22/2022, dated 1-11-2022 … Continue reading “CBDT condones delay in filing of Form 10A which was required to be e-Filed by Mar 31, 2022”

Blog, News, Income Tax

November 2, 2022

CPC to allow claim of dep. indicated in P&L of ITR even if Schedule DEP isn’t filled up: ITAT

Case Details: Indauto Filters Vs … Continue reading “CPC to allow claim of dep. indicated in P&L of ITR even if Schedule DEP isn’t filled up: ITAT”

Blog, Income Tax

December 8, 2022

Definitions under the Income Tax Act

Table of Contents: 1. Definition … Continue reading “Definitions under the Income Tax Act”

Blog, Income Tax

March 21, 2025

Basic Concepts of Income Tax under the Income-tax Act, 1961

Understanding the foundational terms of … Continue reading “Basic Concepts of Income Tax under the Income-tax Act, 1961”

Blog, News, Income Tax

November 1, 2022

[Opinion] Appointment of Vice Presidents of the Income Tax Appellate Tribunal – Confusion Galore

Ajay Wadhwa & Aayushi Gupta … Continue reading “[Opinion] Appointment of Vice Presidents of the Income Tax Appellate Tribunal – Confusion Galore”

Blog, News, Income Tax

November 1, 2022

Farming on leased land ipso facto isn’t ‘contract farming’: ITAT

Case Details: Profarm Seed India … Continue reading “Farming on leased land ipso facto isn’t ‘contract farming’: ITAT”