Salaried Citizen Alert! EPF Credits, Deposits and Transactions into Accounts Linked with Paytm Payments Bank to Stop from Tomorrow.

Top Stories Salaried Citizen Alert! EPF Credits, Deposits and Transactions into Accounts Linked with Paytm Payments Bank to Stop from Tomorrow EPF Organization instructs Field Officers to not entertain Paytm…

Continue ReadingSalaried Citizen Alert! EPF Credits, Deposits and Transactions into Accounts Linked with Paytm Payments Bank to Stop from Tomorrow.

Income Earned from letting out of Auditorium is Eligible for Exemption u/s 11 of Income Tax Act, When Income is applied to Objects of Trust: ITAT [Read Order]

Top Stories Income Earned from letting out of Auditorium is Eligible for Exemption u/s 11 of Income Tax Act, When Income is applied to Objects of Trust: ITAT [Read Order]…

Continue ReadingIncome Earned from letting out of Auditorium is Eligible for Exemption u/s 11 of Income Tax Act, When Income is applied to Objects of Trust: ITAT [Read Order]

No bar for Assessing Authority to issue more than one notice under Income Tax Act: Kerala HC [Read Order]

The Kerala High Court ruled that there is no bar for assessing authority to issue more than one notice under Income Tax Act, 1961. Earlier, the petitioner had approached the…

Continue ReadingNo bar for Assessing Authority to issue more than one notice under Income Tax Act: Kerala HC [Read Order]

Salaried Employees receive Income Tax Notice seeking Evidence for Deduction Claims in AYs 2021-22, 2022-23 and 2023-24

Top Stories Salaried Employees receive Income Tax Notice seeking Evidence for Deduction Claims in AYs 2021-22, 2022-23 and 2023-24 Salaried Employees receive Income Tax Notices asking for evidence of deductions…

Continue ReadingSalaried Employees receive Income Tax Notice seeking Evidence for Deduction Claims in AYs 2021-22, 2022-23 and 2023-24

Order passed by PrCIT without considering Written Submissions: Kerala HC directs to pass Fresh Orders [Read Order]

The Kerala High Court directed to pass fresh orders as the order was passed by the Principal Commissioner of Income Tax ( PrCIT ) without considering written submissions. The petitioner…

Continue ReadingOrder passed by PrCIT without considering Written Submissions: Kerala HC directs to pass Fresh Orders [Read Order]

Assessee Entitled to claim TDS Deduction in year on which Corresponding Income offered to Tax on non claiming of Double Deduction: ITAT [Read Order]

Top Stories Assessee Entitled to claim TDS Deduction in year on which Corresponding Income offered to Tax on non claiming of Double Deduction: ITAT [Read Order] Assessee Entitled to Claim…

Continue ReadingAssessee Entitled to claim TDS Deduction in year on which Corresponding Income offered to Tax on non claiming of Double Deduction: ITAT [Read Order]

Newly Launched Enhanced E-Invoicing Portal: GSTN releases GST Invoicing Portal Advisory

Top Stories Newly Launched Enhanced E-Invoicing Portal: GSTN releases GST Invoicing Portal Advisory GSTN issues Advisory on latest GST e-invoicing Portal Updates. Read On to Stay Updated By Manu Sharma…

Continue ReadingNewly Launched Enhanced E-Invoicing Portal: GSTN releases GST Invoicing Portal Advisory

Non reply to Section 133(6) of the Income Tax Act, Notice cannot necessarily lead to Disallowance of Petty Expenses: ITAT [Read Order]

Top Stories Non reply to Section 133(6) of the Income Tax Act, Notice cannot necessarily lead to Disallowance of Petty Expenses: ITAT [Read Order] Non reply to Section 133(6) of…

Continue ReadingNon reply to Section 133(6) of the Income Tax Act, Notice cannot necessarily lead to Disallowance of Petty Expenses: ITAT [Read Order]

Formation of Trust for Compliance of CSR Requirements not Reason for Denying Registration u/s 12AA of Income Tax Act: SC condones Delay of 265 Days [Read Order]

The Supreme Court condoned delay of 265 days in the challenge regarding the judgment that the formation of trust for compliance of corporate social responsibility ( CSR ) requirements not…

Continue ReadingFormation of Trust for Compliance of CSR Requirements not Reason for Denying Registration u/s 12AA of Income Tax Act: SC condones Delay of 265 Days [Read Order]