Ans. Finance Bill, 2025 amended section 10 (10D) of the Income-tax Act, 1961 so as to provide that proceeds received on a ...

Gujarat High Court held that refund entitled to assessee on the basis of order passed by CIT (A) cannot be unjustifiably adjusted against subsequent year’s demand. Accordingly, AO directed to credit ...

Ministry of Micro, Small, and Medium Enterprises (MSME) has issued a notification under the MSME Development Act, 2006, mandating companies to report payment delays to micro and small enterprises. As ...

2. Therefore, to facilitate completion of pending departmental work, all the Income Tax Offices throughout India shall remain open on 29 th, 30 th and 31s t March, 2025. This direction is issued for ...

Office: 2nd Floor, Department of Trade & Taxes, Vyapar Bhawan, Indraprashtha Estate, New Delhi-110002 EPABX : 23352310 to 14 | Extn. : 3666, 3667 | Ph. :23318682 a) Lack of Clarity on Documentation ...

ITAT Raipur held that exemption under section 54B of the Income Tax Act is allowable since pre-condition regarding usage of ...

The Foreign Currency Transfer of Shares (“FC-TRS”) form facilitates the reporting of the transfer of equity instrument in ...

ITAT Nagpur held that addition merely on the basis of dumb documents, loose paper containing scribbling, rough/vague notings ...

ITAT Delhi held that disallowance made u/s. 14A under the normal provisions of the Act not justified as section 44 overrides ...

3. Appellant trust contends that Form 9A has been filed along with return of income and before due date u/s 139 (4) of the ...

Most group travel policies offer 24-hour on-call emergency assistance. It means you could be able to them any time you need ...

1. Deduct tax and deposit the same along with interest and penalty implications; 2. Alternatively, forego the HRA exemption ...