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UNION BUDGET 2024: KEY HIGHLIGHTS ON INCOME TAX

The Union Finance Minister, Smt. Nirmala Sitharaman on Tuesday, presented her Seventh consecutive budget speech. The budget focuses on four…

4 months ago

Interest on Loan for Purchasing Agricutural Land not Allowable

Interest on Loan for Purchasing Agricutural Land not Allowable U/s 36 (III) of Income Tax Act (Kerala High Court) HIGH…

6 months ago

Penalty for failure to comply with notice issued under section 142(1) or 143(2) or direction for audit under section 142(2A)

Penalty for failure to comply with notice  under section 142(1) or 143(2) Penalty under section 272A is levied if a…

9 months ago

HIGHLIGHTS OF THE UNION BUDGET 2022-23-Direct and Indirect Taxes

DIRECT TAXES To take forward the policy of stable and predictable tax regime: Vision to establish a trustworthy tax regime.…

3 years ago

अप्रत्यक्ष कर- केंद्रीय बजट 2022-23 की मुख्य बातें

जीएसटी में असाधारण प्रगति वैश्विक महामारी के बावजूद जीएसटी राजस्व में उछाल है। इस बढ़ोतरी के लिए करदाता सराहना के…

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प्रत्यक्ष कर- केंद्रीय बजट 2022-23 की मुख्य बातें

प्रत्यक्ष कर- केंद्रीय बजट 2022-23 की मुख्य बातें स्थिर एवं संभावित कर व्यवस्था संबंधी नीति को आगे बढ़ाया जाएगा : विश्वसनीय…

3 years ago

Important F & Q Related to carry forward and set off of house property and speculative business losses ?

What are the provisions framed under the Income-tax Act in relation to carry forward and set off of house property…

3 years ago

Article on Tax Audit – with Tax Audit Applicability Charts

What is tax audit? ​​​​​ The dictionary meaning of the term "audit" is check, review, inspection, etc. There are various…

3 years ago

Case Law- Provisions of section 271AAB of Income Tax Act || Shiv Bhagwan Gupta S/o Lt. Badri Prasad G vs Asst Commissioner of Income Tax

Provisions of section 271AAB of Income IN THE INCOME TAX APPELLATE TRIBUNALPATNA BENCH “SMC” AT KOLKATA Shiv Bhagwan Gupta S/o…

3 years ago

Extension Due date of Income Tax compliances

Extension of time limits of -Income Tax Return, Audit Report, TDS Return and other Returns to provide relief to taxpayers…

4 years ago