Explore the case of Ranjit D. Rathod vs ITO (ITAT Rajkot) where penalty proceedings were contested due to assessment discrepancies. Detailed analysis and conclusions provided.
Explore ITAT Mumbai decision in ITO vs. Gama Entertainment Systems Pvt. Ltd. Understanding Section 68 implications on share premium. Full analysis and conclusion.
Discover the ITAT Pune decision in DCIT Vs Haldex India Pvt. Ltd. case. Analysis of subsidy taxability under Package Scheme of Incentives, 2007. Learn more.
Explore the ITAT Delhi ruling in Neelam Dhingra vs. DCIT. Invalid reassessment notice against a deceased person. Legal fallacies leading to quashing of the order.
Discover which professions are not eligible for the presumptive taxation scheme under section 44ADA of the Income Tax Act.
Find out which businesses and professions are excluded from the presumptive taxation scheme u/s 44AD of the Income Tax Act.
Delhi ITAT allows deductions for delayed but pre-return-filing PF/ESI contributions, citing High Court rulings and Finance Act 2021’s prospective effect.
The Government of India had launched ‘Startup India’ with the aim to generate employment and also to create wealth. Accordingly, various Schemes are being launched under the ‘Startup India’ initiative. One such scheme is ‘Support for International Patent Protection in Electronics & Information Technology’, shortly known as SIP-EIT. SIP-EIT is launched by the Ministry of […]
MUDRA Bank is an abbreviated form of ‘Micro Units Development & Refinance Agency Bank’. MUDRA is a public sector financial institution in India. MUDRA was launched by the Prime Minister of India, Shri Narendra Modi on 8th April 2015. MUDRA was set up under ‘Pradhan Mantri MUNDRA Yojana’. MUDRA Bank provides loans to micro-finance institutions […]
In order to boost entrepreneurship in India, the Startup India campaign was announced for the first time on 15th August 2015 by the Prime Minister of India, Shri Narendra Modi. However, the action plan of the Startup India Scheme was unveiled on 16th January 2016. Notably, Startup India Scheme is one of the flagship initiatives […]
