50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS…
Penalty u/s 272A(1)(d) deleted as counsel misled by filing inaccurate return and not informed of assessment and penalty notices ABCAUS…
Gain on sale of fixed assets was not taxable under income tax act as sale consideration was reduced from block…
CBDT has notified new Income Tax Rule 133 for furnishing details of TDS u/s 194BA in quarterly TDS Statements .…
CBDT issues FAQs / Guidelines clarifying provisions of TDS u/s194BA on winnings from online games - Read Circular…
Exemption u/s 54B denied for investment in agricultural land made in the name of wife. ITAT followed decision of jurisdictional…
Income Tax relief u/s 90 for tax paid in a foreign country can not be denied for mere delay in…
CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities In the Finance…
Merely because assessee accepted disallowance made by Assessing Officer, it cannot automatically lead to conclusion that assessee under reported income…
No TCS on payments using international Debit or Credit cards upto Rs 7 lakh per financial year under Liberalised Remittance…