The Karnataka HC in a recent judgement held that “just” insufficiency in an enquiry or inadequacy of evidence o...
Continue ReadingThe Central Board of Direct Taxes has the power conferred upon them by Income Tax Act. Section 295(1) of Income Tax...
Continue ReadingIndividuals who reap income by any means ought to pay income tax without any exception. Since it is a mandatory req...
Continue ReadingThis Notification has come into force on a date of publication in an Official Gazette which was on 1st Oct, 2020. I...
Continue ReadingA Trust is an institution or association that is formed to provide or assist in the development of ecosystem, monum...
Continue ReadingThe order has been issued by CBDT (Central Board of Direct Taxes) in F.No. 225/136/2020/ITA.II dated 31.08.2020 in...
Continue ReadingThe Madras HC allowing the appeal in favor of the revenue board, held that the striking of the Company Name from th...
Continue ReadingThe Central Board of Direct Taxes has prolonged the last date for filing Filing of ITR for Annual Year 2019-20 (the...
Continue ReadingThe campaign would remain active for 11 days from the date of launch. The E-campaign aims to target those taxpayers...
Continue ReadingA tax residency certificate (TRC) is needed to verify which country you are a tax citizen of. The TRC is a must-hav...
Continue ReadingHave you ever dreamt of isolating your income from probable taxes? We bet you did, maybe countless times. But let f...
Continue ReadingIn present times, the Search Assessment regime under Section 153D of the IT Act, 1961 mandates 'Section 153A and 15...
Continue ReadingThe government could allow firms to seek input tax credit for masks, PPEs, sanitizers, and other goods of similar n...
Continue ReadingThe Income Tax Appellate Tribunal (ITAT) Jaipur bench; in an assessee-friendly ruling has held that under section '...
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