Latest Happening in Income Tax in India
As an NRI (Non-Resident Indian), in the midst of the hustle and bustle of life across borders, it’s common to overlook aspects related to your property back in India. Property…
Every individual and organization operating within the boundaries of a nation is governed by the country’s taxation policies. Within these policies, a set of ground rules establishes the clarity required…
Investing in real estate has always been a popular financial strategy, but did you know that buying property in a joint name can come with its own set of income…
The world of finance and taxation can often seem like a labyrinth, especially when it comes to understanding the nuances of the Income Tax Act. However, with the right guide,…
Taxation forms a significant part of any country’s financial framework, playing a pivotal role in the development and growth of the nation. Among the various forms of taxes, Income Tax…
The Income Tax Return (ITR) filing deadline for the Financial Year 2022-23 (FY 2022-23) is fast approaching, with a due date of July 31, 2023. The Assessment Year (AY) for…
CBDT has extended due date of filing Tax Audit Report electronically only to 31st October, 2013 and has given an option to file Tax Audit Report physically before 30th September,…
It has been held by the Honorable ITAT Pune in the case of Amruta Organics Pvt. Ltd. Vs DCIT that penalty u/s 271(1)(c) cannot be levied where there is a…
In the recent case law of Sanofi Pasteur Holding SA Vs Dept of Revenue, Andhra HC there are various landmark analysis of various provision of DTAA, Income Tax as well as,…
[img w=”599″ h=”377″]https://www.ahujaandahuja.in/wp-content/uploads/2012/09/tax-saving-house2.jpg[/img] A penny saved is a penny earned. Nothing can be truer than this when it comes to smart investing through better tax planning. Many investors look at…
The Honorable Supreme Court in its judgement dated 11th September, 2012 has held that change in legal position due to reversal of a judgement by a higher court is not…
The Honorable Supreme Court in its judgement dated 12th September, 2012 has held that the onus to prove that the donors of gift has financial capacity to give gifts is…