Company Law : Delve into intricacies of Section 89 of Companies Act, 2013, governing beneficial interest in company shares. Learn about declarat...
Income Tax : Learn how to calculate tax relief under Sections 89 and 89A for arrears, gratuity, and foreign retirement benefits. Understand the...
Income Tax : Detailed insights into Section 89 of the Income Tax Act 1961, which offers tax relief on arrears or advance salary, pension, or co...
Income Tax : First of all, we should understand the concept of – Why Tax Relief is given to Taxpayers? Income Tax is Calculated on Assess...
Income Tax : Here’s all you need to know about the Relief when salary, etc. is paid in arrears or in advance: There are cases wherein an empl...
Goods and Services Tax : Analysis of N.R. Patel & Co. Vs Assistant Commissioner case by Kerala High Court. Court rules on assessment/refund order merit und...
Goods and Services Tax : Jharkhand High Court drops criminal proceedings under CGST Act, Section 174 IPC. Summon duly replied. Analysis of the case - Satye...
Income Tax : ITAT Kolkata held that once the TDS is deducted then the liability resulting from the non-deposit of TDS by the deductor cannot be...
Income Tax : ITAT Pune directs re-adjudication in Anita Anil Rangale's case, emphasizing employees' non-entitlement to ERS and company's lack o...
Income Tax : Explore landmark ruling in Citibank N.A Vs S.K. Ojha case by Bombay High Court, confirming that post-Kar Vivad Samadhan Scheme det...
Analysis of N.R. Patel & Co. Vs Assistant Commissioner case by Kerala High Court. Court rules on assessment/refund order merit under KGST Act. Full judgment.
Jharkhand High Court drops criminal proceedings under CGST Act, Section 174 IPC. Summon duly replied. Analysis of the case – Satyendra Singh Kushwah vs. State of Jharkhand.
ITAT Kolkata held that once the TDS is deducted then the liability resulting from the non-deposit of TDS by the deductor cannot be fasten on the deductee. Hence, denial of TDS credit to deductee unjustified.
Delve into intricacies of Section 89 of Companies Act, 2013, governing beneficial interest in company shares. Learn about declarations, compliances, and role of registered and beneficial owners.
ITAT Pune directs re-adjudication in Anita Anil Rangale’s case, emphasizing employees’ non-entitlement to ERS and company’s lack of obligation under Sec 89.
Learn how to calculate tax relief under Sections 89 and 89A for arrears, gratuity, and foreign retirement benefits. Understand the steps and eligibility criteria.
Detailed insights into Section 89 of the Income Tax Act 1961, which offers tax relief on arrears or advance salary, pension, or compensation. Learn about eligibility, conditions, and more.
Explore landmark ruling in Citibank N.A Vs S.K. Ojha case by Bombay High Court, confirming that post-Kar Vivad Samadhan Scheme determination, the Assessing Officer lacks jurisdiction to reopen tax assessments under Section 143 of Income Tax Act. Unearth key insights from this case setting a precedent for businesses under KVSS.
Taxpayers can claim a deduction under Section 89 of the Income Tax Act when they receive any part of their salary in advance or arrears. This rule also applies to arrears of family pensions. What is the relief under Section 89 of the IT Act? When employees receive back pay or compensation along with their […]
ITAT Pune held that payment made voluntarily by the employer out of appreciation for the employee falls outside the rigours of Section 17(3)(iii) of the Income Tax Act.
