https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-verifying-self-tax-remittances/article67775198.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-verifying-self-tax-remittances/article67775198.ece From FY2022-23, payment made towards Advance tax and Self- Assessment Tax is reflected in Annual Information Statement instead of Form 26AS I
Category: Income Tax
Ease of business vs tax pressure
https://www.business-standard.com/opinion/columns/ease-of-business-vs-tax-pressure-124011400585_1.html Clipped from: https://www.business-standard.com/opinion/columns/ease-of-business-vs-tax-pressure-124011400585_1.html Obviously, tax officials believe that all these tightly regulated companies, including government ones, have short-changed the government Last Tuesday, the shares of
दोन घरांतील गुंतवणूक ग्राह्य | Answers to questions related to tax exemption, study abroad
https://www.loksatta.com/business/personal-finance/answers-to-questions-related-to-tax-exemption-study-abroad-print-eco-news-ssb-93-4169252/ Clipped from: https://www.loksatta.com/business/personal-finance/answers-to-questions-related-to-tax-exemption-study-abroad-print-eco-news-ssb-93-4169252/ अजून १० दिवसांनी म्हणजेच १ फेब्रुवारी, २०२४ रोजी लोकसभेत अर्थसंकल्प सादर केला जाईल. निवडणुकीच्या पार्श्वभूमीवर हा अंतरिम अर्थसंकल्प असेल आणि त्यानंतर निवडून
Demystifying Section 43B: MSME Payment Deductions & Union Budget 2023
https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Clipped from: https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Latest Important Amendment in Section 43B of Income Tax Act related to MSME (Small and Micro) vide insertion of Clause (h) to
Section 43B Amendment: MSME Dues Disallowance Post Budget, 2023
https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Clipped from: https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Amendment in Section 43B of Income Tax Act, 1961 (Certain expenses to be allowed on payment basis) by insertion of new clause
MSME Payments under Section 43B(h): Deductions on Actual Payment
Read more at: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Clipped from: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Payment to MSME in Section 43B(h) Income Tax Certain deductions to be only on actual payment Introduction: The
Tax Query: Taxation Aspects on Gifts Received – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-taxation-aspects-on-gifts-received/article67753082.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-taxation-aspects-on-gifts-received/article67753082.ece Gifts received by an individual are exempt from taxation provided they are given either by relatives or on the occasion of marriage
Claim your tax deduction on health checkup and specific treatments
https://www.business-standard.com/finance/personal-finance/claim-your-tax-deduction-on-health-checkup-and-specific-treatments-124011900779_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/claim-your-tax-deduction-on-health-checkup-and-specific-treatments-124011900779_1.html Maximise savings by tapping into lesser-known deductions besides the one on health insurance premium The significance of an annual health checkup is
Reassessment must be based on new and substantive grounds: Delhi HC
Read more at: https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.html Clipped from: https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.html Kuehne+Nagel Pvt. Ltd. Vs ACIT (Delhi High Court) Introduction: In a recent legal development, the Delhi High Court
Form 12BB: Things to know about investment declaration tool for tax saving
https://www.business-standard.com/finance/personal-finance/form-12bb-things-to-know-about-investment-declaration-tool-for-tax-saving-124011900612_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/form-12bb-things-to-know-about-investment-declaration-tool-for-tax-saving-124011900612_1.html Form 12BB, a key investment declaration document, can be used by the employees who fall under the taxable income bracket to claim
Tax Judgments of Supreme Court Annual Digest 2023 [Part-1]
Clipped from: https://www.taxscan.in/tax-judgments-of-supreme-court-annual-digest-2023-part-1/359021/ This Annual Digest of Supreme Court Cases analytically summarizes all Income Tax and Indirect Tax related cases heard by the Apex Court reported
Understanding Residency Status for Property Sale by NRIs in India
https://taxguru.in/income-tax/understanding-residency-status-property-sale-nris-india.html Clipped from: https://taxguru.in/income-tax/understanding-residency-status-property-sale-nris-india.html Introduction: Navigating the complexities of property transactions in India as a Non-Resident Indian (NRI) involves understanding the intricate web of regulations and tax
Income Tax Circular 13/2023: Condonation for 80P Deduction Returns
https://taxguru.in/income-tax/income-tax-circular-13-2023-condonation-80p-deduction-returns.html Clipped from: https://taxguru.in/income-tax/income-tax-circular-13-2023-condonation-80p-deduction-returns.html Introduction: Circular No. 13/2023-Income Tax, Dated: 26th July, 2023, addresses the condonation of delay under section 119 of the Income Tax Act, 1961,
AO’s Addition Unsustainable Without Incriminating Material from Relevant Search: Delhi HC
https://taxguru.in/income-tax/addition-u-s-69-valid-incriminating-evidencedelhi-hc-upholds-itats-order-deleting-addition.html Clipped from: https://taxguru.in/income-tax/addition-u-s-69-valid-incriminating-evidencedelhi-hc-upholds-itats-order-deleting-addition.html PCIT (Central) Vs Sanjay Singhal (Delhi High Court) Introduction: The recent case of PCIT (Central) vs. Sanjay Singhal before the Delhi High Court
Draft Assessment Order not issued: HC Quashed final Assessment Order
https://taxguru.in/income-tax/draft-assessment-order-not-issued-hc-quashed-final-assessment-order.html Clipped from: https://taxguru.in/income-tax/draft-assessment-order-not-issued-hc-quashed-final-assessment-order.html Rinku R. Rai Vs ITO (Bombay High Court) Introduction: The recent judgment of the Bombay High Court in the case of Rinku R.
Income Tax Notice Invalid if not mailed on Registered Email ID: Karnataka HC
https://taxguru.in/income-tax/income-tax-notice-invalid-not-mailed-registered-email-id-karnataka-hc.html Clipped from: https://taxguru.in/income-tax/income-tax-notice-invalid-not-mailed-registered-email-id-karnataka-hc.html Sterling Urban Ventures Private Limited Vs Assessment Unit (Karnataka High Court) Introduction: The recent case of Sterling Urban Ventures Private Limited Vs Assessment
Tax Query: Taxation Implications on Demat Transfer of Shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-taxation-implications-on-demat-transfer-of-shares/article67731367.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-taxation-implications-on-demat-transfer-of-shares/article67731367.ece Once the transfer is effected, the dividends received from these shares are taxable in the hands of the respective holders My father-in-law,
Section 274 Income Tax Notice Must Precede Limitation Period: Delhi HC
https://taxguru.in/income-tax/notice-u-s-274-income-tax-act-issued-period-limitationdelhi-hc.html Clipped from: https://taxguru.in/income-tax/notice-u-s-274-income-tax-act-issued-period-limitationdelhi-hc.html PCIT Vs Thapar Homes Ltd. (Delhi High Court) Introduction: The Delhi High Court, in the case of PCIT vs. Thapar Homes Ltd. for