Income Tax

Blog, News, Income Tax

August 1, 2022

[Analysis] Obligations to Deduct Tax at Source u/s 194R & CBDT Circular No. 12/2022

Ved Jain – [2022] 140 … Continue reading “[Analysis] Obligations to Deduct Tax at Source u/s 194R & CBDT Circular No. 12/2022”

Blog, Income Tax

October 11, 2024

Guide to Income under the Head Salaries and Its Computation

Table of Contents What do … Continue reading “Guide to Income under the Head Salaries and Its Computation”

Blog, News, Income Tax

July 30, 2022

Income Tax Department conducts search operations on group based in Tamil Nadu

  Press Release, dated 28-07-2022 … Continue reading “Income Tax Department conducts search operations on group based in Tamil Nadu”

News, Blog, Income Tax

July 30, 2022

No penalty for non-deduction of tax at year-end if amount payable to payees wasn’t identifiable: ITAT

Case Details: ACIT v. Parsons … Continue reading “No penalty for non-deduction of tax at year-end if amount payable to payees wasn’t identifiable: ITAT”

Blog, News, Income Tax

July 29, 2022

HC validates issue of Sec. 148 notice as income in Form 26AS is higher than income disclosed in P&L account

Case Details: Distributors India C … Continue reading “HC validates issue of Sec. 148 notice as income in Form 26AS is higher than income disclosed in P&L account”

Blog, News, Income Tax

July 29, 2022

CBDT notifies procedures for allotment of PAN to an LLP

Notification No. 04/2022, dated 26-07-2022 … Continue reading “CBDT notifies procedures for allotment of PAN to an LLP”

Blog, Income Tax

August 4, 2022

Which deductions are allowed while calculating PGBP?

Table of Contents: 1. Rent, … Continue reading “Which deductions are allowed while calculating PGBP?”

Blog, Income Tax

August 29, 2023

Guide to Profits and Gains of Business or Profession under Income Tax Act

Table of Contents Introduction Computation … Continue reading “Guide to Profits and Gains of Business or Profession under Income Tax Act”

News, Blog, Income Tax

July 28, 2022

[Opinion] Controversy surrounding disclosure in Clause 16 of Form 3CD

V. K. SUBRAMANI – [2022] … Continue reading “[Opinion] Controversy surrounding disclosure in Clause 16 of Form 3CD”

Blog, News, Income Tax

July 28, 2022

ITAT grants benefit of TOLA to avail Section 115BAA

Case Details: Suminter India Organics … Continue reading “ITAT grants benefit of TOLA to avail Section 115BAA”