ITAT Delhi held that provisions of section 292BB of the Income tax Act doesn’t cure complete absence of notice. Section seeks to cure only the manner of service of notice.
ITAT Visakhapatnam held that rent received from sub-letting the property is taxable under the head ‘income from other sources’ and not under the head ‘income from house property’.
Refund claim seeking refund of the excess additional duty of customs paid during the period 26.03.2015 to 22.06.2015 was rightly sanctioned as there was no error on the part of either the Assistant Commissioner or the Commissioner (Appeals) in sanctioning the refund without considering the limitation as both authorities were bound by the order of the Delhi High Court.
All personal injury cases require the opposing parties to prove negligence. In Illinois, even if you were hurt due to someone else’s negligence, that doesn’t mean you will receive compensation for your losses.
Meaning of commercial purpose under Consumer Protection Act for reimbursement of claim on account of fire at Godown of a commercial enterprise
JCIT (OSD) Vs Yashmaan Pathak (ITAT Mumabi) No scope of adhoc or estimated addition u/s. 41(1) & the entire conditions precedent for invoking section 41(1) has to be fulfilled. Assessee has filed his return of income and the AO during scrutiny issued show cause notice to the assessee to file details and confirmation of the […]
Discover what an Income Tax Return (ITR) is, why it’s mandatory, and the benefits of filing it. Learn about compliance, claiming refunds, financial transactions, and more.
“Unlock top tax-saving tips in India, from HRA and home loan deductions to Section 80C benefits. Explore ways to reduce your taxable income and maximize savings.” “Unlock top tax-saving tips in India, from HRA and home loan deductions to Section 80C benefits. Explore ways to reduce your taxable income and maximize savings.” Unlock top tax-saving tips in India, from HRA and home loan deductions to Section 80C benefits. Explore ways to reduce your taxable income and maximize savings.
RBIs new framework for Green Deposits effective from June 2023. Understand the meaning, actionable steps, and exclusions. Regulated entities include banks, NBFCs, and HFCs. Allocate deposits towards renewable energy, climate resilience, biodiversity, and more. Explore the comprehensive policy requirements and reporting mandates. Stay informed about excluded projects and mandatory impact assessments. Think green for a sustainable future. Source: RBI’s Framework for acceptance of Green Deposits.
Explore the concept, sources, and pre-conditions for buyback of securities under Companies Act, 2013. Understand the procedure in private companies, with key steps, due diligence, and compliance checklist. Learn about forms required for filing and the role of a Practicing Company Secretary (PCS) in the digital era. Stay informed to prevent legal disputes, breach of contract, and regulatory non-compliance. Disclaimer: This document provides general information and is not a substitute for professional advice. Verify with the relevant provisions of applicable laws for accuracy and completeness.
