Clipped from: https://taxguru.in/corporate-law/workman-industrial-disputes-act-1947-analysis-workman-definition.html Introduction: The Industrial dispute Act, 1947 (in short “ID Act”) was enacted by the parliament, on 11 March 1947 and came into force with
Category: Seven Star
👌👌👌👌👌👌👌Date of online acknowledgement is date of filing GST appeal: Karnataka HC
Clipped from: https://taxguru.in/goods-and-service-tax/date-online-acknowledgement-date-filing-gst-appeal-karnataka-hc.html Date of online acknowledgement of appeal filed be considered as date of filing appeal Summary: In the case of Hitachi Energy India Ltd. v. State
👌👌👌👌👌👌👌CBDT Circulars Cannot Override Income Tax Act: Punjab & Haryana HC
Clipped from: https://taxguru.in/income-tax/cbdt-circulars-override-income-tax-act-punjab-haryana-hc.html Ishwar Chand Vs Union of India (Punjab and Haryana HC) In the case of Ishwar Chand vs Union of India, the Punjab and Haryana
👌👌👌👌👌👌👌Denial of deduction u/s. 54F merely because registration date is beyond stipulated period unjustified
Clipped from: https://taxguru.in/income-tax/denial-deduction-u-s-54f-registration-date-stipulated-period-unjustified.html ACIT Vs Siva Jyothi Palam (ITAT Visakhapatnam) ITAT Visakhapatnam held that denial of deduction under section 54F of the Income Tax Act merely
👌👌👌👌👌👌👌Tax Insights on Sale of Flat & Defective Return
lipped from: https://taxguru.in/income-tax/tax-insights-sale-flat-defective-return.html Arjuna – Krishna today I have two questions for you. Can I ask you? Krishna – hey Arjuna, off course you can. Arjuna – 1st question
👌👌👌👌👌👌👌Income Tax Appeal Portal Update: ITAT Website Migrates to New Server
Clipped from: https://www.taxscan.in/income-tax-appeal-portal-update-itat-website-migrates-to-new-server/450620/ The migration process began this week and is expected to take approximately 3-4 days to complete. By Manu Sharma – On October 25, 2024 11:54 am –
👌👌👌👌👌👌👌CBDT Issues Revised Guidelines for Compounding Income Tax Act Offences
Clipped from: https://taxguru.in/income-tax/cbdt-issues-revised-guidelines-compounding-income-tax-act-offences.html Central Board of Direct Taxes (CBDT) has issued revised guidelines for the compounding of offences under the Income-tax Act, 1961, effective from October
👌👌👌👌👌👌👌SC Issues Directions To Create Awareness About Free Legal Aid
Clipped from: https://taxguru.in/corporate-law/sc-issues-directions-create-awareness-free-legal-aid.html It is most vital to note that in a significant step with far reaching consequences, the Supreme Court in a most learned, laudable,
👌👌👌👌👌👌👌Key Amendments to Capital Gains in Budget 2024-25
Clipped from: https://taxguru.in/income-tax/key-amendments-capital-gains-budget-2024-25.html Normally in our country Budget of Central Government is declare on 1st February every year, but due to election of Lok Sabha, on 1st February,
👌👌👌👌👌👌👌Calculation of Capital Gains on property received by Gift or Will
Clipped from: https://taxguru.in/income-tax/calculation-capital-gains-property-received-gift.html Summary: Capital gains from property received by gift or will are calculated based on the cost of acquisition by the previous owner, as per
👌👌👌👌👌👌👌Updated Detailed Analysis of Invoice Management System (IMS)
Clipped from: https://taxguru.in/goods-and-service-tax/updated-detailed-analysis-invoice-management-system-ims.html A new functionality is introduced by the GST portal to facilitate the user to address the issues regarding invoice corrections/amendments with vendors, which
👌👌👌👌👌👌👌NRE & NRO accounts: A comprehensive guide for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
👌👌👌👌👌👌👌THE NEW REGIME OF REASSESSMENT PROCEEDINGS UNDER SECTION 148A OF THE INCOME-TAX ACT, 1961: A 20-POINT CHECKLIST FOR REPRESENTATION – Digest of case laws
Clipped from: https://itatonline.org/digest/articles/the-new-regime-of-reassessment-proceedings-under-section-148a-of-the-income-tax-act-1961-a-20-point-checklist-for-representation/ By Dr. K. Shivaram, Senior Advocate & Mr. Shashi Bekal, Advocate Executive Summary The Article aims at providing a detailed guide for advocates,
👌👌👌👌👌👌👌Section 45, Section 48 and Section 54 of the Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/idea-capital-gain-tax-property-redevelopment-heres-know.html No Idea about Capital Gain Tax but Property Under Re-Development? Here’s all you Need to Know!! The Finance Act, 2017 inserted a new
👌👌👌👌👌👌👌Section 54F: Capital gains can be invested multiple times to buy a new residential house property – Tax2win
Clipped from: https://tax2win.in/guide/section-54f-capital-gains-multiple-investments-residential-property Section 54F: Capital Gains Can be Invested Multiple Times to Buy a New Residential House Property Updated on: 10 Sep, 2024 11:55 AM
👌👌👌👌👌👌👌Capital Gain Tax Exemption on Property under Redevelopment
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
👌👌👌👌👌👌👌Clear Tax–Capital Gains Tax — Important Information
Which ITR form am I supposed to file on capital gain from the Sale of Property or Gold? You are supposed to file ITR –
👌👌👌👌👌👌👌ITR Filing Plans and Pricing | CA Assisted Income Tax Filing | ClearTax Pricing
Clipped from: https://cleartax.in/s/pricing?utm_ref=in-lineCTA#expert-assisted-itr Get a dedicated tax expert to handle everything, from start to finish To improve our assistance and address your queries promptly, kindly share
👌👌👌👌👌👌👌Capital Gains Tax on the Sale of Property
Clipped from: https://cleartax.in/s/capital-gain-tax-on-sale-of-property-shares-gold Selling property is a significant financial transaction, and understanding the tax implications under the Income-tax Act, 1961 is crucial for anyone involved in
👌👌👌👌👌👌👌Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples
Clipped from: https://cleartax.in/s/long-term-capital-gains-ltcg-tax Any profit/gains arising from the transfer of capital assets such as property, shares, bonds, vehicles, etc., are subject to income tax under the