Category: Income Tax
E-filing of income tax return form 2 for FY2022-23 (AY 2023-24) available via offline method
lipped from: https://economictimes.indiatimes.com/wealth/tax/e-filing-of-income-tax-return-form-2-for-fy2022-23-ay-2023-24-available-via-offline-method/articleshow/100252769.cms Synopsis If you want to file your ITR now, you must first download the tool from the income tax e-filing website. After filling
👍👍👍👍👍👍👍Capital Gain Tax Exemption–Part 2 Sale of Inherited Property
Read more at: https://taxguru.in/income-tax/capital-gain-tax-exemption-sale-inherited-property.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-sale-inherited-property.html Capital Gain Tax Exemption – Part 2 Sale Of Inherited Property 1 Part 1 of the series Capital Gain
👍👍👍👍👍👍👍Income Tax on Non-Resident Indians who sell House Property in INDIA
Clipped from: https://taxguru.in/income-tax/income-tax-non-resident-indians-sell-house-property-india.html Capital Gains Tax applies if Non-Residents sell any House Property in India. The Tax is payable on gains depending on whether it is
उद्योग-व्यवसायाचे उत्पन्न आणि प्राप्तिकर कायद्यातील तरतुदी | business income and provisions of income tax | Loksatta
Clipped from: https://www.loksatta.com/business/personal-finance/business-income-and-provisions-of-income-tax-print-eco-news-ssb-93-3640250/ ज्या करदात्यांच्या उत्पन्नात ‘उद्योग-व्यवसायाच्या उत्पन्ना’चा समावेश आहे अशांना प्राप्तिकर कायद्यानुसार काही अशा तरतुदींचे अनुपालन करावे लागते जे इतर उत्पन्नासाठी करावे लागत नाही. X
👍👍👍👍👍👍👍Taxation of Alternate Accommodation during Redevelopment
Clipped from: https://taxguru.in/income-tax/taxation-alternate-accommodation-redevelopment.html What is Redevelopment? Redevelopment refers to the process of reconstruction of the premises by demolition of the existing structure and construction of new
👍👍👍👍👍👍👍Income Tax Portal Update: Dept adds New Functionality “Download CSI File” for TAN based Payment
Read More: https://www.taxscan.in/income-tax-portal-update-dept-adds-new-functionality-download-csi-file-for-tan-based-payment/274468/ Clipped from: https://www.taxscan.in/income-tax-portal-update-dept-adds-new-functionality-download-csi-file-for-tan-based-payment/274468/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Portal%20Update:%20Dept%20adds%20New%20Functionality%20%22Download%20CSI%20File%22%20for%20TAN%20based%20Payment Top Stories The Income Tax Department has added a new functionality to the income tax portal to enable downloading Challan Status Inquiry or
👍👍👍👍👍👍👍TDS return online: Here’s all you need to know about TDS and TDS return guidelines; check details | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-tds-return-online-heres-all-you-need-to-know-about-tds-and-tds-return-guidelines-check-details/3071810/ TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well as deposits made
🙏🙏🙏🙏🙏🙏🙏How to save tax after selling a house/property in India in 2023 – Explained | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/how-to-save-tax-after-selling-a-house-property-in-india-in-2023-explained/3069783/?ref=Must_Read Tax saving on selling a property in India: Selling a house for profit is a big decision. But not handling the tax implications
👍👍👍👍👍Capital Gain Tax News Today: Long and Short-Term Capital Assets and How Gains From Shares are Taxed | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/capital-gain-tax-news-today-long-and-short-term-capital-assets-and-how-gains-from-shares-are-taxed/3053458/ Capital Gain Tax News Today: A report on Tuesday claimed that the Government is considering an increase in capital gains taxes for the
👍No TDS Default on Interest Payments, if Form 15G/15H Submitted by Assessee before Year-end: ITAT
Clipped from: https://www.taxscan.in/no-tds-default-on-interest-payments-if-form-15g-15h-submitted-by-assessee-before-year-end-itat/272400/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20TDS%20Default%20on%20Interest%20Payments,%20if%20Form%2015G/15H%20Submitted%20by%20Assessee%20before%20Year-end:%20ITAT Top Stories The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that no TDS default can me imposed
👍👍👍👍👍👍👍ITR filing by self 2023: 5 things you should do to prepare for ITR filing on your own in 2023 | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/itr-filing-by-self-2023-5-things-to-prepare-for-income-tax-returntr-filing-on-your-own-in-2023/3061408/ ITR filing by self in 2023: Changes on the e-filing website in the last few years have made it easy for anyone to
👍👍👍👍👍‘Incriminating’ material must for I-T Act’s Section 153A assessment, says Supreme Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/incriminating-material-must-for-i-t-acts-section-153a-assessment-says-supreme-court/article66774430.ece Section 153 A of the Income Tax Act, 1961 aims to bring under tax the undisclosed income which is found during the course of
👍👍👍👍👍👍👍How an Association of Persons will be taxed
Clipped from: https://taxguru.in/income-tax/association-persons-taxed.html Introduction An association of persons (AOP) , whether incorporated or not, is treated as a ‘person’ under section 2(31) of the Income-tax Act,
👍Section 143(3) order invalid if Passed without Issuing Section 143(2) notice
Clipped from: https://taxguru.in/income-tax/section-1433-order-invalid-passed-issuing-section-1432-notice.html Manjit Kaur Vs ITO (ITAT Chandigarh) ITAT held that the assessment order is bad in law for the reason that the assessing authority
👍Rs. 20000 Limit under section 269SS & 269T is person wise
Clipped from: https://taxguru.in/income-tax/rs-20000-limit-section-269ss-269t-person-wise.html Shri Deepak Mata Vs JCIT (ITAT Jaipur) Bench found that the plain reading of both the Sections denotes that Section 269SS is attracted