Income Tax

Blog, News, Income Tax

May 11, 2022

CBDT issues guidelines clarifying the availability of Section 10(23FE)

Circular no. 9 of 2022, … Continue reading “CBDT issues guidelines clarifying the availability of Section 10(23FE)”

Blog, News, Income Tax

May 11, 2022

CBDT amends various forms applicable for registration/approval/statement

Notification No. 51/2022, dated 09-05-2022 … Continue reading “CBDT amends various forms applicable for registration/approval/statement”

Blog, Income Tax

September 21, 2022

How to compute tax to be deducted (TDS) u/s 194Q?

Table of Contents 1. How … Continue reading “How to compute tax to be deducted (TDS) u/s 194Q?”

Blog, News, Income Tax

May 10, 2022

No sec. 40A(3) disallowance if cash payment made to Cos in which 100% shareholding is held by State Govt.: ITAT

Case Details: DCIT v. Vinod … Continue reading “No sec. 40A(3) disallowance if cash payment made to Cos in which 100% shareholding is held by State Govt.: ITAT”

Blog, News, Income Tax

May 9, 2022

CBDT notifies Rule for computation of minimum investment & exempt income

Notification No. 50/2022, dated 06-05-2022 … Continue reading “CBDT notifies Rule for computation of minimum investment & exempt income”

Blog, Income Tax

December 24, 2024

Tax on Metaverse Land | The What, Why and How Much?

Introduction It will be an … Continue reading “Tax on Metaverse Land | The What, Why and How Much?”

Blog, News, Income Tax

December 14, 2022

CBDT notifies revised forms for filing of an application for ‘Advance Ruling’

Notification No. 49/2022, dated 05-05-2022 … Continue reading “CBDT notifies revised forms for filing of an application for ‘Advance Ruling’”

Blog, News, Income Tax

December 28, 2022

Supreme Court upholds validity of Section 148 notices issued after 31-03-21 under old provisions

Case Details: Union of India … Continue reading “Supreme Court upholds validity of Section 148 notices issued after 31-03-21 under old provisions”

Blog, News, Income Tax

May 5, 2022

Books of account not audited at time of filing of ITR isn’t a criteria to deny carry forward of losses: ITAT

Case Details: DCIT v. Brahmos … Continue reading “Books of account not audited at time of filing of ITR isn’t a criteria to deny carry forward of losses: ITAT”

News, Blog, Income Tax

May 5, 2022

Ex-gratia payment received by ‘Sunil Joshi’ isn’t taxable if BCCI holding sec. 12AA registration: ITAT

Case Details: Sunil Bandacharya Joshi … Continue reading “Ex-gratia payment received by ‘Sunil Joshi’ isn’t taxable if BCCI holding sec. 12AA registration: ITAT”