Income Tax

  • Income Tax

TDS on Rent us 194IB-Quarterly return Form 26QC and TDS certificate Form No. 16C notified by CBDT

TDS on Rent us 194IB-Quarterly return Form 26QC and TDS certificate Form No. 16C notified for individuals/huf not covered under…

7 years ago
  • Income Tax

Safe Harbour Rules for International Transaction-Amendment to Rules, CBDT Notification 46/2017

Safe Harbour Rules for International Transaction Eligible Assessee/Transactions. Amendment to Rule 10TA 10TB, Rule 10TC 10TD MINISTRY OF FINANCE Department…

7 years ago
  • Income Tax

TDS Refund Claim Form 26B can be EVC verified in addition to DSC

TDS Refund Claim Form 26B can be EVC verified in addition to DSC. Amendment to Rule 31A (3A). Information to…

7 years ago
  • Income Tax

Cost Inflation Index AY 2018-19 Base Year 2001-02 Notified by CBDT. List-Table of CII from FY 2001-02 to FY 2017-18

Cost Inflation Index AY 2018-19 Base Year 2001-02 Notified by CBDT. List-Table of CII 100 for FY 2001-02 and 272…

7 years ago
  • Income Tax

Only real income can be taxed under Income Tax Act – Bogus Purchase addition restricted to 10%

Only real income can be taxed under Income Tax Act. Even if whole transaction is not verifiable only income component…

7 years ago
  • Income Tax

Exemption from STT chargeability u/s 10(38) on sale of equity shares. CBDT Notifies exempt transactions.

Sale of long term equity shares chargeable u/s 10(38) from AY 2018-19 if not chargeable to securities transaction tax  CBDT…

7 years ago
  • Income Tax

When substantial question of law admitted by High Court, it is apparent that addition is debatable – ITAT

When substantial question of law admitted by High Court, it is apparent that addition is debatable - ITAT ABCAUS Case…

7 years ago
  • Income Tax

Extension of Form 16 furnishing due date to employee to 15-06-2017 instead of 31st May, 2017

Extension of Form 16 furnishing due date to employee to 15-06-2017 instead of 31st May, 2017 for FY 2016-17. Amenment…

7 years ago
  • Income Tax

Personal jewellery of family members found during survey in physical stock was to be excluded during assessment – ITAT

Personal jewellery of family members found during survey in physical stock was to be excluded during assessment as the burden…

7 years ago
  • Income Tax

Addition for liability existing in balance sheet u/s 41(1). CIT(A) had no locus standi to enhance assessment – ITAT

Addition for liability existing in balance sheet u/s 41(1). CIT(A) had no locus standi to enhance the assessment for the…

7 years ago