Articles

Know the banking transactions that can raise a red flag and get you an income tax notice.

Bank Transactions that Can Get You Income Tax Notice

News

MCA issues an Office Memorandum outlining temporary manpower and administrative arrangements for newly created Regional Director and Registrar of Companies offices nationwide.

MCA Issues Office Memorandum on Manpower Arrangement for Newly Created RD and ROC Offices

Judgement

Madras High Court dismisses writ challenging ITC disallowance and penalty under Section 74(1); allows assessee to file appeal within 15 days without additional pre-deposit.

High Court Dismisses Writ Against GST ITC Demand; Grants Liberty to File Appeal Without Further Pre-Deposit

ITAT holds that Rs. 5.89 crore receipts for software reseller licences are not taxable as fee for technical services or royalty; exempts income under India-US DTAA.

ITAT Rules Software Receipts Not Taxable as Fee for Technical Services under India–US DTAA

ITAT Rules Software Receipts Not Taxable as Fee for Technical Services under India-US DTAA

ITAT holds payments for IT-infrastructure use made to Belgian AE are not royalty under India–Belgium DTAA; disallowance u/s 40(a)(i) deleted.

ITAT Holds IT, Infrastructure Allocations Not Taxable as Royalty under India-Belgium DTAA

If your refund ever gets stuck due to the bank account closure, you must immediately update your current bank account details on the income tax department's e-filing portal.

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Bank Transactions that Can Get You Income Tax Notice

MCA Issues Office Memorandum on Manpower Arrangement for Newly Created RD and ROC Offices

High Court Dismisses Writ Against GST ITC Demand; Grants Liberty to File Appeal Without Further Pre-Deposit

ITAT Rules Software Receipts Not Taxable as Fee for Technical Services under India-US DTAA

ITAT Holds IT, Infrastructure Allocations Not Taxable as Royalty under India-Belgium DTAA

What Happens to Your Refunds if Your Bank Account is Closed After ITR Filing