Income Tax

  • Income Tax

CBDT signs four more unilateral APAs pertaining to Manufacturing, Financial and Information Technology sectors of the economy.

CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs)…

7 years ago
  • Income Tax

Penalty 271J on CAs. Those afraid of the sword of Damocles should not aspire to be Dionysius. What impression are we offering by opposing

Penalty 271J on CAs. Those afraid of the sword of Damocles should not aspire to be Dionysius. What impression are…

7 years ago
  • Income Tax

Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction is questioned it is to be first decided.

Jurisdictional issue not general ground requiring no adjudication. Whenever jurisdiction of an authority to pass the order is questioned then…

7 years ago
  • Income Tax

India Austria Sign Protocol amending DTAC. Amendment to existing Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion

India Austria Sign Protocol amending DTAC. Amendment to existing Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion…

7 years ago
  • Income Tax

TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18

TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18 presented in Parliament on 1st…

7 years ago
  • Income Tax

Non-service of notice-onus is on Revenue to demonstrate that notice was issued in accordance with law-ITAT

Non-service of notice-onus is on Revenue to demonstrate that notice was issued in accordance with law. Assessee cannot be asked…

7 years ago
  • Income Tax

Penalty 271(1)(c)-Explanation need not proved completely. As long as the explanation is reasonable and bonafide penalty need not be imposed-ITAT

Penalty 271(1)(c)-Explanation need not proved completely. As long as the explanation is reasonable and bonafide penalty need not be imposed-ITAT…

7 years ago
  • Income Tax

Tax exemption-Partial withdrawal from NPS not exceeding 25% of the contribution made by an employee from assessment year 2018-19

Tax exemption-Partial withdrawal from NPS not exceeding 25% of the contribution made by an employee from assessment year 2018-19 Budget…

7 years ago
  • Income Tax

Power to survey to charitable institutions u/s 133A. Till now expression “business or profession” was used in the section

Power to survey to charitable institutions u/s 133A Extension of the power to survey to charitable institutions The existing provisions…

7 years ago
  • Income Tax

Power to call information us 133(6) by Investigation authorities can be exercised by the Joint-Deputy and the Assistant Director.

Power to call information us 133(6) by Investigation authorities can be exercised by the Joint Director, the Deputy Director and…

7 years ago