Income Tax

Blog, News, Income Tax

June 23, 2022

CBDT notifies challan-cum-statement Form 26QE for payment of tax deducted on VDAs

Notification No. 67/2022, dated 21-06-2022 … Continue reading “CBDT notifies challan-cum-statement Form 26QE for payment of tax deducted on VDAs”

Blog, News, Income Tax

June 22, 2022

Income-tax Department conducted search operation in Tamil Nadu

Press Release, dated 20-06-2022 Income … Continue reading “Income-tax Department conducted search operation in Tamil Nadu”

Blog, News, Income Tax

June 22, 2022

Remuneration received from firm can’t be construed as gross receipt for purpose of tax audit u/s 44AB: HC

Case Details: Perizad Zorabian Irani … Continue reading “Remuneration received from firm can’t be construed as gross receipt for purpose of tax audit u/s 44AB: HC”

Blog, News, Income Tax

June 21, 2022

Grey Maze of Tax Evasion and Tax Avoidance vs. Corporate Governance

Rishi Raj Bhardwaj – [2022] … Continue reading “Grey Maze of Tax Evasion and Tax Avoidance vs. Corporate Governance”

Blog, News, Income Tax

June 21, 2022

Investment in penny stocks based on ‘buy call’ of experts isn’t a sufficient explanation

Case Details: PCIT v. Swati … Continue reading “Investment in penny stocks based on ‘buy call’ of experts isn’t a sufficient explanation”

Blog, News, Income Tax

June 20, 2022

Applicability of TP Safe Harbour Rules extended till AY 2022-23: CBDT

Notification No. 66 /2022, dated … Continue reading “Applicability of TP Safe Harbour Rules extended till AY 2022-23: CBDT”

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June 20, 2022

CBDT prescribes ‘other conditions’ to be fulfilled by a specified fund referred to in Sec. 10(4D)

Notification No. 64/2022, dated 16-06-2022 … Continue reading “CBDT prescribes ‘other conditions’ to be fulfilled by a specified fund referred to in Sec. 10(4D)”

Blog, News, Income Tax

June 18, 2022

No Sec. 194-I TDS on payment of rent to a unit located in IFSC for lease of aircraft: CBDT

Notification No. 65/2022, dated 16-06-2022 … Continue reading “No Sec. 194-I TDS on payment of rent to a unit located in IFSC for lease of aircraft: CBDT”

Blog, News, Income Tax

June 18, 2022

Guidelines on deduction of tax at source under Section 194R: CBDT

Circular no. 12 of 2022, … Continue reading “Guidelines on deduction of tax at source under Section 194R: CBDT”

News, Blog, Income Tax

June 17, 2022

AO can’t attach property of any person other than assessee while resorting provisions to sec. 281B: HC

Case Details: Raghunandan Enterprise v. … Continue reading “AO can’t attach property of any person other than assessee while resorting provisions to sec. 281B: HC”