PAN-Aadhaar linking is not mandatory for these exempted category
The Centre has made it mandatory to link Aadhaar with Permanent Account Number (PAN) before March 31, 2023. If a […]
Income Tax, Income Tax News, News
Income Tax
Important Pronouncements, Income Tax, Income Tax Case Law
Addition to be made for unexplained cash found during search proceedings
The ITAT, Chennai in R. Muthukumar v. Deputy Commissioner of Income Tax [ITA No.: 3090/Chny/2019 dated February 15, 2023 has
Important News, Income Tax, Press Release, Press Release
Income Tax Dept launched a Mobile app ‘AIS for Taxpayer’ to facilitate taxpayers
The Income Tax Department has launched a Mobile app, namely, ‘AIS for Taxpayer’ to facilitate taxpayers to view their information as available
Income Tax, Press Release, Press Release
Govt has taken various steps to ensure the continuity and stability of taxation, as well as to simplify and rationalise various provisions to reduce the compliance burden
The Government has taken a number of measures in recent years to maintain continuity and stability of taxation, further simplify
Income Tax, Income Tax News, News
Income Tax sends Rs 8 crore recovery notice to a labourer in Bulandshahr
In a shocking incident, the Income Tax department sent a notice to a labour for recovery of Rs 8 crores. The person,
Important Pronouncements, Income Tax, Income Tax Case Law
Application of GAAR Provisions cannot be a ground for denial of Tax benefit under India- Singapore DTAA
The ITAT, New Delhi in Reverse Age Health Services Pte Ltd v. DCIT [ITA No.1867Del/2022 dated February 17, 2023] has
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Track your Taxes and TDS just on a click; Income Tax Department launches AIS Application
The Income Tax Department has launched a Mobile app for Taxpayers to view Annual Information Statements (AIS). AIS App is a free
Income Tax, Income Tax News, News
ESPN Star Sports gets tax breather, ITAT not to add ₹752 crore to its income for AY15
In a breather for ESPN Star Sports, Delhi bench of Income Tax Appellate Tribunal (ITAT) deleted an addition of ₹752 crore to its income for
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ITAT rules in favour of Flipkart on alleged ₹1,700 crore marketing intangibles
Bangalore Income Tax Appellate Tribunal (ITAT) allows Flipkart appeal to allow deductions towards ESOP expenditure. The company filed a loss return
Important Pronouncements, Income Tax, Income Tax Case Law
Deemed rent not applicable on unsold flats by builder treated as stock-in-trade
The ITAT, Pune in Pride and Expert Properties Pvt. Ltd. v. ACIT [ ITA No.860/PUN/2022 dated February 14, 2023] has