NRI Earned Salary in South Korea, Money Credited to Indian NRE Account: ITAT Says No Tax Addition Merely for Missing TRC, Foreign Return https://www.taxscan.in/income-tax/nri-earned-salary-in-south-korea-money-credited-to-indian-nre-account-itat-says-no-tax-addition-merely-for-missing-trc-foreign-return-read-order
Foreign salary of a non-resident cannot be treated as taxable in India merely because foreign tax returns, TRC or proof of tax payment abroad were
Property Bought in Wife’s Name, Funds Came From Husband: ITAT deletes Rs. 17 Lakh Unexplained Investment Addition https://www.taxscan.in/income-tax/property-bought-in-wifes-name-funds-came-from-husband-itat-deletes-rs-17-lakh-unexplained-investment-addition-read-order
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) deleted Rs. 17 lakh unexplained investment addition arising from a property purchase in the wife’s
Sale deed not registered after buying a flat? What happens to your ownership rights?
https://www.financialexpress.com/money/sale-deed-not-registered-after-buying-a-flat-what-happens-to-your-ownership-rights-4360430 Without a registered document, the buyer’s title to the property is incomplete. Buying a flat or apartment can be one of your biggest personal
GST reforms aim to boost compliance by removing fear, widening tax base
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/gst-reforms-aim-to-boost-compliance-by-removing-fear-widening-tax-base/articleshow/134924449.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A year ago, GST Council lowered rates and moved to a simpler structure with two main rates. It expected that lower rates
Go On, Show Us the Money! Rs 3 lakh cr foreign outflows spark concerns about India’s investment landscape
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/go-on-show-us-the-money-rs-3-lakh-cr-foreign-outflows-spark-concerns-about-indias-investment-landscape/articleshow/134923885.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst There’s nothing to gain from avoiding the numbers. FPIs have withdrawn more than ₹3 lakh cr from Indian equities in the first
*******Wrong PAN, Rs 1.46 Cr tax notice: How a Mumbai man earning Rs 3,500 fought back at ITAT
https://www.financialexpress.com/money/wrong-pan-rs-1-46-cr-tax-notice-how-a-mumbai-man-earning-rs-3500-fought-back-at-itat-4360271 An income-tax notice can have serious financial consequences for a taxpayer, particularly when the Income Tax Department reopens an old assessment and makes additions
Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT Jaipur
Read more at:https://economictimes.indiatimes.com/wealth/tax/senior-citizen-gets-income-tax-notice-over-rs-65-27-lakh-cash-deposit-in-bank-account-his-son-proves-source-of-funds-and-wins-case-in-itat-jaipur/articleshow/134915017.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Ram Singh, a senior citizen, received an income tax notice for an alleged unexplained cash deposit of Rs 65.27 lakh in
