Explore ITAT Pune’s decision in Sudha Karbhari Nagre vs ITO case. LTCG addition on property sale contested. Timeliness, ownership, and re-assessment issues analyzed. Order dated 30th October 2023.
Understand the consequences of not linking PAN with Aadhaar by the deadline, TDS implications, and key sections of the Income Tax Act. Learn about the linking process, fees, and how to avoid 20% TDS. Explore Section 194C (TDS on Payments to Contractors and Sub-Contractors) and Section 194A (TDS on interest on loan), including thresholds, rates, and compliance. Stay informed to ensure compliance with the latest regulations
Explore the details of India’s Double Tax Treaty with Cyprus, its signing date, benefits for both nations, tax recovery provisions, and insights into Cyprus’s Golden Passport program
Introduction: The Government of India, under the Ministry of Finance, has recently responded to pertinent questions in the Lok Sabha regarding tax evasion, particularly focusing on the evasion of TDS. The queries address concerns related to the disbursement of lottery prizes, potential amendments to tax laws, and actions taken against lottery distributors involved in GST […]
Explore the penalty order issued by the Ministry of Corporate Affairs for Section 137 violation against Kutch Salt & Allied Industries Limited. Details on non-compliance, penalty imposed, and implications.
Read about the Delhi High Court’s decision upholding simultaneous arbitration and Section 138 NI Act proceedings, emphasizing their separate causes of action.
Explore the challenges faced by taxpayers due to TDS defaults linked to inoperative PANs. Understand the issues, resolutions, and potential solutions to this tax dilemma.
Explore why banks refrain from issuing standalone ATM cards and favor debit cards. Understand implications, risks, and potential solutions for varied customer needs.
Explore latest changes in territorial jurisdiction for Assistant Commissioner (AC) and Sales Tax Officer (STO) in Mumbai under MVAT. Stay informed on Maharashtra VAT updates.
Delhi High Court directs restoration of GST registration for ATT SYS India Pvt Ltd, canceled without a hearing. Analysis of the judgment and its implications.
