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Archive: 07 April 2024

Posts in 07 April 2024

Taxation of ULIP and LIC – Part I

April 7, 2024 24177 Views 6 comments Print

Through a comprehensive exploration of ULIP & LIC taxation under the Income Tax Act, readers will gain valuable insights into optimizing their investments while ensuring compliance with tax regulations.

Allahabad HC quashes Estimation-Based Confiscation & Penalty, Citing Lack of Verification & Delay

April 7, 2024 2295 Views 0 comment Print

In Eco Plus Steels Pvt. Ltd. vs State of U.P., the Allahabad High Court rejects confiscation & penalty based on estimation, citing lack of physical verification & undue delay.

District Magistrate Can Revoke Detention Order Before Government Approval: J&K HC

April 7, 2024 1122 Views 0 comment Print

Learn about a landmark judgment by the J&K HC, stating the District Magistrate’s power to revoke detention orders before government approval. Upholds constitutional rights.

New vs Old Regime Income Tax Calculator for FY 2024-25/AY 2025-26

April 7, 2024 245085 Views 24 comments Print

Easily compare new & old income tax regimes for FY 2024-25 with our simplified calculator. Understand CTC, exemptions, and make informed decisions. Contact us for queries!

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