The Central Board of Direct Taxes (CBDT) has issued Notification No. 31/2023 on May 24, 2023, announcing a significant ...
In the case of Anil Ratanlal Bohra v. Assistant Commissioner of Income Tax (ACIT), the issue at hand revolved around th...
Introduction As the financial year has ended, many individuals and businesses find themselves concerned abou...
A partnership firm is a business arrangement where two or more individuals come together with the purpose of conducting...
The Ahmedabad ITAT has upheld the order of the CIT(A), which resulted in the deletion of an addition of Rs. 86.75 crore...
The case at hand revolves around the applicability of Section 69C of the Income Tax Act, which deals with unexplained e...
The method of accounting that an assessee chooses to use can significantly impact the computation of their income under...
Any expenditure that is incurred solely and necessarily in relation to the transfer of a capital asset can be deducted ...
Under the Income Tax Act, a non-resident Indian can be assessed directly or through an agent. Section 160(1)(i) defines...
The Income Tax Appellate Tribunal (ITAT) in Chennai has allowed an appeal by an individual Assessee engaged in the film...
The Mumbai Income Tax Appellate Tribunal (ITAT) recently issued a judgement in the case of Ajay Parasmal Kothari v. ITO...
The Income Tax Department has issued a notification on July 29th stating that the time limit for e-verification or hard...
Filing an income tax return is a legal obligation for every taxpayer in India. It is a way to report your income and ta...
Setting up a company in India can be a complex process, but with the right guidance and support, it can be made simpler...
India is a land of opportunities and offers an attractive market for entrepreneurs looking to start a business. With a ...
