Income Tax

Blog, News, Income Tax

September 2, 2022

[Opinion] Why is Government the most Frivolous Litigant: Case Study

Shivam Batra – [2022] 142 … Continue reading “[Opinion] Why is Government the most Frivolous Litigant: Case Study”

Blog, News, Income Tax

September 2, 2022

Capital gain exemption claimed under wrong Sec. can’t be denied: ITAT

Case Details: ITO v. Armine … Continue reading “Capital gain exemption claimed under wrong Sec. can’t be denied: ITAT”

Blog, News, Income Tax

December 14, 2022

Reassessment can’t be vitiated on ground that Sec. 151 approval letter was received by AO after issuing notice: HC

Case Details: Sahara Credit Cooperative … Continue reading “Reassessment can’t be vitiated on ground that Sec. 151 approval letter was received by AO after issuing notice: HC”

Blog, News, Income Tax

September 1, 2022

Wrong claim of exemption u/s 10(23C) would not debar trust from getting registration u/s 12AA: ITAT

Case Details: Sanatan Dharam Sabha … Continue reading “Wrong claim of exemption u/s 10(23C) would not debar trust from getting registration u/s 12AA: ITAT”

Blog, Income Tax

November 28, 2023

Residential Status of a Company and Tax Incidence under Income Tax Act

Table of Contents 1. Residential … Continue reading “Residential Status of a Company and Tax Incidence under Income Tax Act”

News, Blog, Income Tax

August 31, 2022

[Opinion] Retrospectivity of Benami Law: Analysis of Supreme Court’s Ruling

Adv. Ruchesh Sinha, CA Anil … Continue reading “[Opinion] Retrospectivity of Benami Law: Analysis of Supreme Court’s Ruling”

Blog, News, Income Tax

August 31, 2022

Notice issued u/s 148A(b) with a questionnaire is treated as a notice of enquiry u/s 148A(a)

Case Details: Swal Ltd. v. … Continue reading “Notice issued u/s 148A(b) with a questionnaire is treated as a notice of enquiry u/s 148A(a)”

News, Blog, Income Tax

August 30, 2022

Date of receiving SCN & holidays to be excluded while computing 7 days period to give response u/s 148A: HC

Case Details: Girdhar Gopal Dalmia … Continue reading “Date of receiving SCN & holidays to be excluded while computing 7 days period to give response u/s 148A: HC”

Blog, News, Income Tax

August 30, 2022

Sec. 14A amendments with wording ‘for removal of doubts’ cannot be presumed to have retrospective effect: HC

Case Details: PCIT (Central) v. … Continue reading “Sec. 14A amendments with wording ‘for removal of doubts’ cannot be presumed to have retrospective effect: HC”

Blog, News, Income Tax

August 29, 2022

Reassessment notice issued for wrong AY can’t be corrected: HC

Case Details: Infineon Technologies AG … Continue reading “Reassessment notice issued for wrong AY can’t be corrected: HC”