Income Tax

Blog, Income Tax, News

January 2, 2023

Govt. notifies interest rates for small saving schemes for 4th quarter; FDs rates hiked by 1.10%

Office memo F. no. 1/4/2019-NS, … Continue reading “Govt. notifies interest rates for small saving schemes for 4th quarter; FDs rates hiked by 1.10%”

Blog, Income Tax, News

December 31, 2022

Sec. 11 exemption can’t be granted just because assessee having Sec. 12AA registration: ITAT

Case Details: ACIT (Exemption) v. … Continue reading “Sec. 11 exemption can’t be granted just because assessee having Sec. 12AA registration: ITAT”

Blog, Income Tax, News

December 30, 2022

CBDT notifies ‘1000242244 Ontario Inc.’ for Sec. 10(23FE) exemption

Notification No.128/2022, dated 28-12-2022 The … Continue reading “CBDT notifies ‘1000242244 Ontario Inc.’ for Sec. 10(23FE) exemption”

Blog, Income Tax, News

December 30, 2022

No Sec. 263 revision if invoice of AY 2015-16 accounted in AY 2016-17 as tax rates are same: HC

Case Details: PCIT vs. Britannia … Continue reading “No Sec. 263 revision if invoice of AY 2015-16 accounted in AY 2016-17 as tax rates are same: HC”

Blog, Income Tax, News

December 30, 2022

[Opinion] Whether sections 54(2)/54F(4) are procedural sections and not mandatory?

Mukesh Kohli – [2022] 145 … Continue reading “[Opinion] Whether sections 54(2)/54F(4) are procedural sections and not mandatory?”

Blog, Income Tax, Top Rulings 2022

December 29, 2022

10 Landmark Income Tax Case Laws | 2022 | Expert Analysis and Explanations

Editorial Team Taxmann’s editorial team … Continue reading “10 Landmark Income Tax Case Laws | 2022 | Expert Analysis and Explanations”

Blog, Income Tax, News

December 29, 2022

Central Govt. notifies Special Court in Odisha for the purpose of Income Tax & Black Money Act

Notification No. 127/2022, dated 26-12-2022 … Continue reading “Central Govt. notifies Special Court in Odisha for the purpose of Income Tax & Black Money Act”

Blog, Income Tax, News

December 29, 2022

Sum paid for ‘Red Hat Subscription’ to obtain support services can’t be held as FTS: ITAT

Case Details: Red Hat India … Continue reading “Sum paid for ‘Red Hat Subscription’ to obtain support services can’t be held as FTS: ITAT”

Blog, Income Tax, News

December 28, 2022

[Opinion] Charitable Purpose – Relief of the Poor (ROP)

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Charitable Purpose – Relief of the Poor (ROP)”

Blog, Income Tax, News

December 27, 2022

[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Charitable Trust – Managing Application of Income on Actual Payment Basis”