Author: Anil R Tikotekar
@Tolani Shipping Co.Ltd, Mumbai vs Dcit Cir 5(3), Mumbai on 31 March, 2023
We find that the benefit of indexation while computing long term capital gains had been statutorily provided to the assessee. Hence, in view of the
*******Income from ‘Profits and Gains of Business or Profession’
Clipped from: https://taxguru.in/income-tax/income-profits-gains-business-profession.html Summary: This section of the Income Tax Act, 1961, defines and clarifies income from “Profits and Gains of Business or Profession.” It distinguishes between
@Reopening beyond 4 years without new material facts not sustainable in law: Gujarat HC
Clipped from: https://taxguru.in/income-tax/reopening-4-years-material-facts-sustainable-law-gujarat-hc.html PCIT Vs IOT Anwesha Engineering And Projects Ltd. (Gujarat High Court) Gujarat High Court held that in the absence of new material facts
Courtesy Business Standard [Article by TT Ram Mohan ]
Say the worst about Donald Trump, but you can’t deny that he has hit the ground running. Tariffs, immigration, the Ukraine war, the conflict in