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S.68- cash credit foreign gifts. Judgment popularly referred as case of P.Mohankala deserves a reconsideration in view of facts found by Tribunal which were analyzed in a reasonable manner by High Court.
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By: - DEVKUMAR KOTHARI
Dated:
November 22, 2022
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DEVKUMAR KOTHARI
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Hyper technical attempt to defeat a provision and its object will be to invite the elephant in the room. Case of SBI about TDS from salary issue LTC exemption.
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
November 18, 2022
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Unnecessary litigation by revenue on settled legal position is causing brain drain: Reassessment not permissible on mere change of opinion recently reiterated by the Supreme Court.
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By: - DEVKUMAR KOTHARI
Dated:
November 8, 2022
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DEVKUMAR KOTHARI
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Play safe and file ITR by 31st October 2022 for AY 2022-23 in cases in which any audit report under provisions of Income-tax Act, 1961 is not required to be electronically furnished. Although audit report under other enactment is required. Extended date of Seventh November, 2022 may not apply in such cases.
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By: - DEVKUMAR KOTHARI
Dated:
November 2, 2022
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Income Tax Act, 1961 Authorities and Tribunal are Court
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By: - DEVKUMAR KOTHARI
Dated:
October 29, 2022
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Charitable institution, society or trust should solely engage itself in educational activities and not in any activity of profit to enjoy tax exemption
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By: - Bimal jain
Dated:
October 29, 2022
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Pr.CIT , V Kolkata Vs. SWATI BAJAJ VERY RELEVANT AND VITAL SURVEILLANCE MEASURES OF STOCK EXCHANGES AND SEBI NOT BROUGHT TO NOTICE OF HIGH COURT LEADING TO WRONG CONCLUSION OF PRICE RIGGING AND MANIPULATION BY INVESTORS.
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By: - DEVKUMAR KOTHARI
Dated:
October 28, 2022
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Pr.CIT , V Kolkata Vs. SWATI BAJAJ VERY RELEVANT AND VITAL PROVISIONS OF INDIAN EVIDENCE ACT MISSED BY COUNSELS LEADING TO A JUDGMENT WHICH NEED SERIOUS RECONSIDERATION OTHERWISE TAX AUTHORITIES ARE LIKELY TO APPLY PRESUMPTIONS TO DISCARD MANY TYPE OF EVIDENCE.
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By: - DEVKUMAR KOTHARI
Dated:
October 27, 2022
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REFUSAL OF ASSESSEE TO TAKE NOTICE IS A GOOD SERVICE
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By: - DR.MARIAPPAN GOVINDARAJAN
Dated:
October 19, 2022
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TAX AUDIT REPORT (TAR) - specified date need to be changed.
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By: - DEVKUMAR KOTHARI
Dated:
October 18, 2022
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DETERMINATION OF INCOME TAX UNDER SECTION 115BBE OF INCOME TAX ACT, 1961
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By: - DR.MARIAPPAN GOVINDARAJAN
Dated:
October 15, 2022
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International Taxation
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By: - Atul Sharma
Dated:
October 13, 2022
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Faceless assessment notice u.s. 133.6 of Income-tax Act:
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By: - DEVKUMAR KOTHARI
Dated:
October 12, 2022
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APPELLATE JURISDICTION OF HIGH COURT FOR INCOME TAX CASES
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By: - DR.MARIAPPAN GOVINDARAJAN
Dated:
October 7, 2022
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S.234F - Delayed Filing of ROI- mandatory fees is not justified.
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By: - DEVKUMAR KOTHARI
Dated:
September 30, 2022
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Faceless assessment rectification and appeals- Authorities must look into records of all related proceedings information on portal of department and should not act unreasonably to harass taxpayers by raising huge demands.
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By: - DEVKUMAR KOTHARI
Dated:
September 1, 2022
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Interest on TDS late payment u/s 201(1A) of the Income-Tax Act 1961
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By: - Pradeepta Pyne
Dated:
August 26, 2022
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Utilisation of ITC excise duty with output tax, considered as actual payment and allowed as deduction u/s 43B of IT Act
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By: - Bimal jain
Dated:
August 25, 2022
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S.194-IA - TDS BY TRANSFEREE OF IMMOVABLE PROPERTY analysis and discussions.
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By: - DEVKUMAR KOTHARI
Dated:
August 23, 2022
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AUTHORISATION FOR SEARCH UNDER SECTION 132 OF INCOME TAX ACT, 1961
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By: - DR.MARIAPPAN GOVINDARAJAN
Dated:
August 20, 2022
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