Gujarat High Court held that as agreement entered into is for the development of infrastructure facility and not the works contract hence assessee is eligible to avail deduction available under section 80IA(4) of the Income Tax Act.
Madras High Court, upon perusal of the Amnesty Scheme, noted that even if an appeal is rejected on the basis of limitation, assessees are entitled to avail Amnesty benefits
The recent ruling by the Delhi ITAT in the case of Aggarwal Vidya Pracharni Sabha vs. PCIT has brought to light significant issues regarding the jurisdictional authority in registration cancellation under Section 12AB(4). The order, dated 08.01.2024, has declared the cancellation by PCIT Central as without jurisdiction.
This article delves into the requirements for SCORES registration by the Listed Companies/ Registered Intermediaries as well the procedure for investors seeking a way to file complaint against Listed Companies/ Registered Intermediaries.
Learn why disclosing previous salary is crucial for accurate tax planning. Explore advance tax intricacies, due dates, and interest implications. Navigate the complexities of income tax seamlessly.
Explore ITAT Delhi’s order directing re-examination of TDS claim denial by CPC. Detailed analysis of the case, issues, and the CBDT’s notification for TDS refunds.
Explore intricacies of NRI residency status in Indian property transactions. Learn tax implications for resident and non-resident sellers, ensuring a seamless property sale process
It’s essential to be aware of the various situations that may prompt such notices to ensure compliance with tax regulations. In this detailed exploration, we will examine different scenarios that can lead to notices from the Income Tax Department.
वस्तु एवं सेवा कर अधिनियम 2017 के अंतर्गत ब्याज का मुद्दा एक विवाद का विषय है। खास तौर पर आजकल वित्तीय वर्ष 2017-18 और वित्तीय वर्ष 2018-19 के अंतर्गत जीएसटी विभाग ने करयोग्य करदाता के द्वारा प्रस्तुत रिटर्न में कर्मियों को इंगित करते हुए ।बिना सोचे समझे कर के साथ ब्याज की मांग की जा […]
Priority of dues is always a contentions subject as we know that the provisions related to priority is incorporated in the number of statutes. This problem gets more complicated when in a federal structure the power of legislation rests with both State and Central Legislature