Direct tax Income tax returns cannot be e-filed without quoting an Aadhaar number despite the March 13 Supreme Court order directing the govt. should not make it mandatory to quote… Read More
Direct Tax: Gujarat HC dismisses assessee's writ, upholds reassessment initiated (beyond 4 years period) on the basis of information received from Investigation Wing of the Department for AY 2010-2011; [TS-123-HC-2018(GUJ)] Delhi… Read More
All about the Limited Liability Partnership It is a tactful process of incorporation of LLP and it includes a step by step process. LLP is an emerging small business entity… Read More
Direct Tax: Delhi ITAT dismisses Revenue’s appeal and deletes addition u/s 68 on assessee-company during AY 2006-07, holds that the entire assessment proceedings are vitiated because of non-service of notice… Read More
FOREIGN INWARD REMITTANCE CERTIFICATE BRIEF INTRODUCTION As a merchant or service exporter who receives international payments from customers, a FIRC is a vital document to possess. This guide is meant to assist global eCommerce sellers comprehend… Read More
File Income tax returns need for bitcoin profits earn: Profited from Bitcoins or other Cryptocurrencies and not sure how to file your income tax returns? Did you know gains from… Read More
Direct Tax: SC rules against the Revenue in a batch of over 50 appeals, holds that receipts by premises cooperative societies (assessees) from its members, on account of non-occupancy charges, transfer… Read More
Direct tax The Finance Bill, 2018 as passed by Lok Sabha has inserted a new proviso in section 145A to provide that the securities held by a scheduled bank or… Read More
Direct tax Kolkata ITAT deletes penalty levied u/s 271E (for violating conditions u/s 269T by repaying loan other than through banking channels) for conversion of loan into equity by assessee-company… Read More
All about the Advance Tax under Income Tax law The month of March has its own significance in many ways. Be it in terms of being considered the last month… Read More