Manner and contents of assessment order framed not determinative whether or not reopening is a case of change of opinion…
Frequently Asked Questions (FAQs) on Income Tax e-Verification Scheme 2021. The FAQs on the e-Verification Scheme, 2021 (hereafter…
There is no legal authority by or under which the revenue-authorities can make a lump-sum disallowance. Lump sun disallowance made…
Capital Gain Exemption u/s 54 and 54F for investment in residential house limited to Rs. 10 crores Section 54 and…
Increase in threshold limits for presumptive taxation schemes u/s 44AD and section 44ADA Under the existing provisions of Section…
Income Tax basic exemption limit and tax slabs for individuals & HUFs for AY 2024-25 The basic income tax exemption…
Direction for Special Audit u/s 142(2A) of CA firm quashed by ITAT as without meeting prerequisite of section 142(2A) ABCAUS…
Union Budget 2023-24. Direct Tax Highlights The Union Finance Minister Ms. Nirmala Sitharaman will present Budget 2023-24 in Parliament tomorrow…
Once income suffered TDS it cannot be said to be undisclosed income - ITAT ABCAUS Case Law CitationABCAUS 3650 (2023)…
Govt amends maturity period of Kisan Vikas Patra (KVP) and pre-maturity amount The Govt. has notified the Kisan Vikas Patra…