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Archive: 12 April 2023

Posts in 12 April 2023

Section 148A(b) mandates 07 days notice for giving reply

April 12, 2023 2601 Views 0 comment Print

As per the provisions of Section 148A(b) 07 days time is required to be given for giving reply to this notice and this provision is mandatory

TDS on Purchase or Sale of Immovable Property

April 12, 2023 36054 Views 7 comments Print

Sale or Purchase of immovable property other than agricultural land is governed by Provisions of section 194-IA of Income tax act, 1961.

How to Set up IFSC Unit in GIFT SEZ

April 12, 2023 4224 Views 3 comments Print

Learn the step-by-step process of setting up an International Financial Services Centre (IFSC) Unit in GIFT SEZ. Understand the required documentation, approvals, and compliance for establishing your entity in the Special Economic Zone.

Search and seizure action by Income Tax Department in Karnataka

April 12, 2023 2091 Views 0 comment Print

Income Tax Department commenced a Search & Seizure operation in the case of some Cooperative Banks, in the State of Karnataka, on 31.03.2023. These cooperative Banks have been found to be engaged in routing of funds of various business entities of their customers, in a manner, so as to abet them to evade their tax […]

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