https://www.businesstoday.in/personal-finance/tax/story/to-beat-the-last-minute-rush-some-taxpayers-start-filing-itrs-early-425778-2024-04-16 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/to-beat-the-last-minute-rush-some-taxpayers-start-filing-itrs-early-425778-2024-04-16 According to income tax department data, 119,000 returns filed by April 10; experts say taxpayers with no TDS in last quarter of
Category: Income Tax
👍👍👍👍👍👍👍Taxation for NRIs
https://taxguru.in/income-tax/taxation-nris.html Clipped from: https://taxguru.in/income-tax/taxation-nris.html NRIs are bound to pay tax on income accrue or arise in India based on their residential status. Under Income tax act
👍👍👍Top-up home loans work best when repaid quickly; avoid overleveraging | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/top-up-home-loans-work-best-when-repaid-quickly-avoid-overleveraging-124041901037_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/top-up-home-loans-work-best-when-repaid-quickly-avoid-overleveraging-124041901037_1.html Avoid overleveraging or using these funds to finance non-essential lifestyle expenses Representative Image Listen to This Article Recent media reports suggest that
👍👍👍👍👍👍👍All about Income Tax Returns for individuals FY 2023-24 AY 2024-25
https://taxguru.in/income-tax/income-tax-returns-individuals-fy-2023-24-ay-2024-25.html Clipped from: https://taxguru.in/income-tax/income-tax-returns-individuals-fy-2023-24-ay-2024-25.html Everything About ITR Forms: Which Form to File and Why Filing Is Advisable Regardless of Income As we all know, ITR filing
👍👍👍Deposited over Rs 10 lakh in cash in your account? You can get I-T notice | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/deposited-over-rs-10-lakh-in-cash-in-your-account-you-can-get-i-t-notice-124041600089_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/deposited-over-rs-10-lakh-in-cash-in-your-account-you-can-get-i-t-notice-124041600089_1.html Cash deposits or withdrawals exceeding Rs 10 lakh (1 million) in a year in a savings account (except current accounts and fixed
No section 68 addition based on turnover declared under section 44AD
https://taxguru.in/income-tax/section-68-addition-based-turnover-declared-section-44ad.html Clipped from: https://taxguru.in/income-tax/section-68-addition-based-turnover-declared-section-44ad.html DCIT Vs Kalpesh Kantilal Gada (ITAT Mumbai) In the case of DCIT Vs Kalpesh Kantilal Gada, ITAT Mumbai delivered a significant verdict
👍👍👍👍👍tax notice: Keep taxpayers in the loop before you act: Court to Income Tax dept – The Economic Times
https://economictimes.indiatimes.com/news/india/keep-taxpayers-in-the-loop-before-you-act-court-to-income-tax-dept/articleshow/109098291.cms Clipped from: https://economictimes.indiatimes.com/news/india/keep-taxpayers-in-the-loop-before-you-act-court-to-income-tax-dept/articleshow/109098291.cms Synopsis Quashing a November 2022 show-cause notice against Munjal BCU Centre of Innovation and Entrepreneurship, The Punjab and Haryana High Court said
ITR Filing: NRIs feel double taxation the biggest challenge in return filing, says survey – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/itr-filing-nris-feel-double-taxation-the-biggest-challenge-in-return-filing-says-survey-422765-2024-03-25 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-nris-feel-double-taxation-the-biggest-challenge-in-return-filing-says-survey-422765-2024-03-25 The survey highlighted that 12.10%, 9.05%, and 6.02% of NRIs from the US, the UK, and Australia found accessing taxation documents from
👍👍👍👍👍Understanding Section 43B(h) | Impact on MSME Payments
https://taxguru.in/income-tax/understanding-section-43bh-impact-msme-payments.html Clipped from: https://taxguru.in/income-tax/understanding-section-43bh-impact-msme-payments.html CA ANKIT CHANDRAKAR 02 Apr 2024 828 Views 0 comment Print Income Tax | Articles The Finance Act, 2023 introduced Section 43B(h) in the income tax code, affecting how deductions for
👍👍👍👍👍👍👍11 Latest Amendments in Income Tax: Analysis & Implications
https://taxguru.in/income-tax/atest-amendments-income-tax-analysis.html Clipped from: https://taxguru.in/income-tax/atest-amendments-income-tax-analysis.html CA. Sangam Aggarwal 31 Mar 2024 10,425 Views 2 comments Print Income Tax | Articles Introduction: The landscape of income tax laws is constantly evolving, with amendments and updates reshaping
*****Why this fuss about income inequality? | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/why-this-fuss-about-income-inequality-124032801231_1.html Clipped from: https://www.business-standard.com/opinion/columns/why-this-fuss-about-income-inequality-124032801231_1.html Most Indians do not care about the income gap between the top 1 per cent and the rest. They have their own
Section 43B(h): Disallowances of expenses due to non-payment to MSMEs
https://taxguru.in/income-tax/section-43bh-disallowances-expenses-due-non-payment-msmes.html Clipped from: https://taxguru.in/income-tax/section-43bh-disallowances-expenses-due-non-payment-msmes.html CA Piyush Agarwal 28 Mar 2024 2,982 Views 0 comment Print Income Tax | Articles Section 43B (h) of Income Tax Act, 1961 – Disallowances of expenses due to
*****Order passed by an authority cannot go beyond scope of show cause notice
https://taxguru.in/corporate-law/order-passed-authority-beyond-scope-show-cause-notice.html Clipped from: https://taxguru.in/corporate-law/order-passed-authority-beyond-scope-show-cause-notice.html CA Sandeep Kanoi 28 Mar 2024 165 Views 0 comment Print Corporate Law | Judiciary Case Law Details Case Name : Ramlala Vs State of U.P. and 4 Others (Allahabad
*****Detailed Analysis on Section 43B(h)
https://taxguru.in/income-tax/detailed-analysis-section-43b-h.html Clipped from: https://taxguru.in/income-tax/detailed-analysis-section-43b-h.html Garima Agarwal 27 Mar 2024 984 Views 0 comment Print Income Tax | Articles Introduction:- In accordance with the amendment to Section 43B of the Income Tax Act, a
ITAT directs CIT(A) to Condone 857-Day Delay considering change in residence & age
https://taxguru.in/income-tax/itat-directs-cita-condone-857-day-delay-considering-change-residence-age.html Clipped from: https://taxguru.in/income-tax/itat-directs-cita-condone-857-day-delay-considering-change-residence-age.html CA Sandeep Kanoi 27 Mar 2024 114 Views 0 comment Print Income Tax | Judiciary Case Law Details Case Name : C. Ramasamy Gounder HUF Vs ITO (ITAT Chennai) Appeal
Madras HC directs AO to readjudicate as CA was unable to represent client during Covid
https://taxguru.in/income-tax/madras-hc-directs-ao-readjudicate-ca-unable-represent-client-covid.html lipped from: https://taxguru.in/income-tax/madras-hc-directs-ao-readjudicate-ca-unable-represent-client-covid.html CA Sandeep Kanoi 27 Mar 2024 87 Views 0 comment Print Income Tax | Judiciary Case Law Details Case Name : Pallazzio Energy Farms LLP Vs PCIT (Madras High Court)