Analysis of key tax rulings by ITAT Mumbai covering turnover discrepancies, capital loss classification, FTC claims, and compensation during redevelopment.
Explore key tax rulings from Kolkata ITAT, covering Section 50C, deemed dividends, and tax rate implications under Section 115BAA in this insightful analysis.
Explore crucial recent tribunal rulings in income tax cases, highlighting implications and key takeaways for taxpayers and legal professionals.
Learn about clubbing of income under Indian tax law. Understand how income transfers to family members can affect your tax liability. Get insights into Section 60-64 of the Income Tax Act.
Learn about Section 269SS, its cash transaction limits, penalties under Section 271D, exemptions, and important court rulings on tax compliance and penalties.
Explore five recent High Court decisions on income tax issues, including DTAA, FTS classification, MAT inclusion, reassessment orders, and reliance on external reports in tax assessments.
Explore the difference between capital and revenue receipts, their tax implications, and insights from key case laws. Understand how each impacts financial planning.
CA Mickey and CA Mini explain Section 40A(2)(b) of the Income Tax Act, focusing on controlling excessive payments to specified persons, with insights from Artisans Micro Finance (P) Ltd. v. ITO.
Learn how gifts and benefits received in business, like non-cash items, are taxed under Section 28(iv) of the Income Tax Act. Understand the rules and avoid surprises.
Article explains how surrendered income is treated under I.T Act, particularly focusing on applicability of Sections 68 to 69D and related provisions.
