ICAI released various Handbooks under Direct Taxation; Download Copy
The Institute of Chartered Accountants of India (“ICAI”) released various Handbooks under Direct Taxation. 1. Handbook on FAQs on House […]
ICAI, Important News, Income Tax
Income Tax
Important News, Income Tax
Income Tax Department has issued Update on Form 10
The Income Tax Department has issued the Latest Update regarding Form 10 is now available for filing vide Notification No.
Income Tax, News
Transfer Pricing; High Courts not precluded from scrutinising ITAT’s determination of arm’s length price: Supreme Court
The Supreme Court has ruled that the High Court is not precluded from considering the determination of the arm’s length
Income Tax, News
I-T survey on Tollywood film production house, residence of top producer
A team of Income Tax (I-T) officials from Mumbai on Wednesday surveyed a Tollywood film production house over allegations of
Income Tax, News
ITAT quashes penalty notice which was silent on specification of Charges
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the penalty notice, which was silent on the
Important News, Income Tax
Govt is considering a revamp of Income Tax law to streamline capital gains, income tax rules: Sources
As per the recent tweet by ET Now, stated that the government is considering a revamp of Income Tax law
Income Tax, News
Income Tax Act; For a company to be a “Resident” in India, Domicile or Registration irrelevant; test is where De Facto Control Lies : Supreme Court
The Supreme Court has ruled that under the Income Tax Act, 1961, the domicile or the registration of the company
Income Tax, News
Capital Gains Tax: Tweak in the offing? What Finance Ministry said on Income Tax revamp
After news reports suggested that there could be some tinkering in the tax structure, the Finance Ministry on Tuesday dismissed the claims. Clearing the
Important News, Income Tax
Income Tax Department has issued Update on Form 52A
The Income Tax Department has issued the Latest Update regarding Form 52A is now available for filing vide Notification No.
Income Tax, News
Mere delay in remittance of TDS doesn’t attract penalty u/s 271C of the IT Act: Supreme Court
The Supreme Court has ruled that no penalty is leviable under Section 271C of the Income Tax Act, 1961 on