ITAT Chennai rules Section 6 of the Income Tax Act prevails over a Tax Residency Certificate (TRC) for determining Indian residency. Global income taxable if an individual meets the specified days in India, irrespective of TRC.
Understanding nuances of ITR-1 to ITR-6 is crucial for accurate tax filing. This guide provides a concise overview of which form to choose based on income sources and financial structures.
Received an unknown PAN alert? Learn how to protect yourself! This article covers a taxpayer’s recent dilemma with unauthorized PAN alerts, offering crucial steps to delink unknown PANs from your mobile number and safeguard against potential fraud. Get expert advice on contacting Income Tax India and securing your financial data
MCA21 V3 Company Module Lot-3 to go live on July 14, 2025, with 38 updated forms, linked filing, offline options, and improved compliance features.
Bombay High Court held that in compulsory purchase order declaration of abrogation was not barred by virtue of section 269-UH and/ or section 293 of the Income Tax Act. Accordingly, order passed by Single Judge not sustainable.
Supreme Court held that no priority of interest can be claimed by the Secured Creditors against the properties attached under Maharashtra Protection of Investors and Depositors Act, 1999 [the MPID Act].
Delhi High Court held that Larger Bench of Delhi High Court will decide the whether provisions of section 149(1)(c) of the Income Tax Act inserted by virtue of the Finance Act, 2012 will be applicable retrospectively in concluded assessment.
Explore the judicial review of arrest powers under CGST and Customs Acts. Understand constitutional safeguards and limitations on tax authorities’ arrest powers.
Explore Section 41 of CGST Act and Rule 37A of CGST Rules concerning ITC eligibility when suppliers haven’t paid tax. Understand key changes and implications for taxpayers.
Understand who qualifies to file ITR-1 (SAHAJ) and ITR-4 (SUGAM) forms, including income sources and exclusion criteria for individual and business taxpayers.
