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LIC Commission – Business or Other Sources & Allowability of expenses?

September 26, 2023 7383 Views 0 comment Print

Analysis of Purushottam Sharma vs. DCIT (ITAT Jodhpur) case. Is income from LIC commission considered business income or other sources? Explore the legal arguments and conclusions.

RoDTEP Scheme Extended: Export Support Until June 2024

September 26, 2023 3087 Views 0 comment Print

Government extends RoDTEP Scheme support till June 2024, aiding exporters with duty remission. Learn about its impact and budget allocation in this update.

Demystifying Patent and Compulsory Licensing in Saudi Arabia: A Comprehensive Guide to Patent and Compulsory Licensing

September 25, 2023 1320 Views 0 comment Print

Explore comprehensive guide to patent licensing and compulsory licensing in Saudi Arabia. Learn about legal framework, types of patents, voluntary and compulsory licensing, recent developments, and role of SAIP in promoting innovation and protecting public interests.

Reassessment without jurisdiction if grounds on which reassessment notice was issued were not found to exist

September 22, 2023 1335 Views 0 comment Print

Explore the ITAT Amritsar order in the case of Smt. Bharti Singh vs. ACIT, covering reassessment jurisdiction, reasons, and legal implications.

Form 10BB FAQs (A.Y. 2023-24): Common Questions Answered

September 22, 2023 6534 Views 0 comment Print

Get answers to frequently asked questions about Form 10BB for A.Y. 2023-24 onwards. Learn about its applicability, filing process, due dates, and more.

Form 10B FAQs (A.Y. 2023-24): Answers to Common Questions

September 22, 2023 4167 Views 0 comment Print

Get clarity on Form 10B (Applicable from A.Y. 2023-24 onwards) with comprehensive FAQs. Learn about its applicability, filing process, due dates, and more.

CBI Arrests Chartered Accountant for Rs. 50,000 Bribe

September 20, 2023 27446 Views 0 comment Print

Central Bureau of Investigation apprehends a Chartered Accountant for accepting a bribe of Rs. 50,000. Explore details of this case and its implications.

Demystifying IRAs: Your Essential Guide to Individual Retirement Accounts

September 19, 2023 1023 Views 0 comment Print

Are you looking for ways to save money and prepare for retirement? Individual Retirement Accounts (IRAs) offer tax advantages while allowing you to build up a nest egg. IRAs provide possible alternatives for individuals who want to enjoy the benefits of an employer-sponsored plan and those who are self-employed or do not have access otherwise.

Onus on Income-Tax Department When Affidavits Verify Cash Deposit Sources

September 19, 2023 11526 Views 0 comment Print

Explore the case of Sh. Kuldeep Kumar Vs ITO, where the onus shifted to the IT Department when affidavits verified cash deposit sources. Full ITAT Jodhpur order analysis

Advisory: Geocoding Functionality for Additional Place of Business

September 19, 2023 5484 Views 0 comment Print

Discover geocoding functionality for Additional Places of Business in GST. Learn how to access, use, and ensure accurate addresses. Details here!

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