Sponsored
    Follow Us:

Dipak Dama

Latest Posts by Dipak Dama

understanding Income Tax Scrutiny Assessments under Section 143(3)

November 15, 2024 9 Views 0 comment Print

Scrutiny assessment which is mainly governed by Section 143 of IT Act is in-depth process used by tax officers to ensure accuracy and compliance in a assessee’s return filled. It is not like regular assessment processes scrutiny assessments involve detail examination of assessee’s financial submission, claim, deductions, & overall tax liability as disclosed in return […]

Why Income Tax Notices Are Issued: Reasons and Compliance Tips

November 7, 2024 1872 Views 0 comment Print

Learn the key reasons for receiving an income tax notice, types of notices, and strategies to ensure compliance, including understanding new data scrutiny practices.

Section 43B(h): Implications for MSME Payments Under Income Tax Act

November 5, 2024 1614 Views 0 comment Print

Finance Act, 2023, has inserted section 43B(h) to facilitate timely payments to MSMEs by withholding deduction on account of delayed payments beyond prescribed timelines under the MSMED Act.

Key Ahmedabad ITAT Rulings on Tax Compliance, TDS & Property Transactions

October 23, 2024 4905 Views 0 comment Print

Explore key ITAT decisions on TCS, TDS credit, and warranty provisions in Ahmedabad, clarifying tax compliance and procedural requirements.

Chennai ITAT Rulings on Additions for Unexplained Income & Tax Penalties

October 16, 2024 1230 Views 0 comment Print

Recent Chennai ITAT decisions address unexplained income, underreporting, and penalties under Sections 69A, 68, 270A, and 271. Key cases provide insights into tax disputes.

Significant Rulings by Rajkot ITAT: International Tax & Business

October 5, 2024 426 Views 0 comment Print

Explore Rajkot ITAT rulings on tax treaties, business expenses, excess stock, and reassessment under IT laws. Case studies include Atlantic Shipping, Saurashtra Cement & more.

Nagpur ITAT Judgments on penalties, reassessment, TDS disallowance & gratuity exemptions

October 3, 2024 1311 Views 0 comment Print

Explore important tax rulings from the Nagpur ITAT, covering penalties, reassessment, TDS disallowance, and gratuity exemptions in four significant cases.

Key Tax Rulings from ITAT Mumbai: Turnover, FTC & Compensation

September 30, 2024 1134 Views 0 comment Print

Analysis of key tax rulings by ITAT Mumbai covering turnover discrepancies, capital loss classification, FTC claims, and compensation during redevelopment.

Key Tax Rulings from Kolkata ITAT: Part 1 Analysis

September 27, 2024 801 Views 0 comment Print

Explore key tax rulings from Kolkata ITAT, covering Section 50C, deemed dividends, and tax rate implications under Section 115BAA in this insightful analysis.

Recent Income Tax must know Tribunal Decision: Implications & Key Takeaways

September 23, 2024 1149 Views 0 comment Print

Explore crucial recent tribunal rulings in income tax cases, highlighting implications and key takeaways for taxpayers and legal professionals.

Sponsored
Sponsored
Search Post by Date
November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930