Income Tax

Blog, News, Income Tax

January 28, 2025

HC Directs CBDT to Allow Sec. 87A Rebate Claim Even if Assessee Opts for New Tax Regime While Filing ITR

Case Details: Chamber of Tax … Continue reading “HC Directs CBDT to Allow Sec. 87A Rebate Claim Even if Assessee Opts for New Tax Regime While Filing ITR”

Blog, News, Income Tax

January 27, 2025

[Opinion] Section 263 | Litigation Without Results

Sarabjeet Singh – [2025] 170 … Continue reading “[Opinion] Section 263 | Litigation Without Results”

Blog, News, Income Tax

January 26, 2025

No Additions u/s 69A Relying Upon Statement of Husband Recorded During Survey | ITAT

Case Details: ACIT vs. Nisha … Continue reading “No Additions u/s 69A Relying Upon Statement of Husband Recorded During Survey | ITAT”

Blog, Advisory, Budget, Income Tax

January 26, 2025

Union Budget 2025-26 | Bitcoin ETF Tax Implications in the Post-Trump Era

Bitcoin surged past $100,000 after … Continue reading “Union Budget 2025-26 | Bitcoin ETF Tax Implications in the Post-Trump Era”

News, Blog, Income Tax

January 25, 2025

[Opinion] Key Steps to Avoid Rejection of Application Under Section 12A and 80G

Chunauti H. Dholakia – [2025] … Continue reading “[Opinion] Key Steps to Avoid Rejection of Application Under Section 12A and 80G”

Blog, News, Income Tax

January 25, 2025

Principal Purpose Test (PPT) Under DTAA to Be Applied Prospectively | CBDT

Circular 01/2025, dated 21-01-2025 The … Continue reading “Principal Purpose Test (PPT) Under DTAA to Be Applied Prospectively | CBDT”

Blog, News, Income Tax

January 25, 2025

CBDT Prescribes Conditions for NRs Engaged in Business of Operation of Cruise Ships for Sec. 44BBC

Notification No. 9 /2025, dated … Continue reading “CBDT Prescribes Conditions for NRs Engaged in Business of Operation of Cruise Ships for Sec. 44BBC”

Blog, News, Income Tax

January 25, 2025

Appeals Filed Post 22-07-2024 Without Condonation Request Will Be Eligible for Vivad Se Vishwas | CBDT

Notification No. 8/2025, dated 20-01-2025 … Continue reading “Appeals Filed Post 22-07-2024 Without Condonation Request Will Be Eligible for Vivad Se Vishwas | CBDT”

Blog, News, Income Tax

January 25, 2025

Assessee Entitled to Sec. 54F Exemption if Claim Made While Filing ITR in Response to Notice Under Sec. 148 | ITAT

Case Details: Satyanarayana Viswanadha vs. … Continue reading “Assessee Entitled to Sec. 54F Exemption if Claim Made While Filing ITR in Response to Notice Under Sec. 148 | ITAT”

Blog, News, Income Tax

January 22, 2025

[Opinion] Rethinking Gift Taxation in India | The Need for Clarity and Reform in Trust and Inheritance Structures

Ankit Namdeo & Parv Jain … Continue reading “[Opinion] Rethinking Gift Taxation in India | The Need for Clarity and Reform in Trust and Inheritance Structures”