Articles

A practical guide explaining when tax audit is applicable under Section 44AB, and how it interacts with presumptive taxation provisions like Sections 44AD, 44ADA, and 44AE.

Tax Audit Confusion? Here’s the Simple Truth Behind All Limits

KSCAA has urged CBDT to expedite pending Q4 TDS return processing and restore Form 16/Form 16A download facilities on TRACES to prevent disruptions during the ITR filing season.

KSCAA Flags Delay in Q4 TDS Return Processing, Urges CBDT to Restore Form 16 Download Facility

Judgement

The Income Tax Appellate Tribunal (Delhi) has quashed an assessment framed under Section 153C as the AO failed to record a valid satisfactory note

ITAT Deletes Notional Interest Addition on Interest-Free Loans to Subsidiaries and Remands Ad-hoc Capitalization of Installation Expenses

ITAT Quashes Section 153C Assessment for Lack of Proper Satisfaction Note holding it as a  Mechanical Satisfaction Note

News

Finance Minister says government remains open to suggestions on capital gains taxation and market concerns.

Govt Open to Feedback on Capital Gains Tax, Market Levies: Sitharaman

Notifications

The Government of Maharashtra has temporarily reduced the VAT rate under Schedule B, Entry 6 of the Maharashtra Value Added Tax Act, 2002.

Government of Maharashtra Notifies VAT Reduction from 18% to 7% on aviation fuel

Urban Company disclosed to the stock exchange regarding the receipt of a stamp duty demand from Delhi authorities over share allotment.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Tax Audit Confusion? Here’s the Simple Truth Behind All Limits

KSCAA Flags Delay in Q4 TDS Return Processing, Urges CBDT to Restore Form 16 Download Facility

ITAT Quashes Section 153C Assessment for Lack of Proper Satisfaction Note holding it as a Mechanical Satisfaction Note

Govt Open to Feedback on Capital Gains Tax, Market Levies: Sitharaman

Government of Maharashtra Notifies VAT Reduction from 18% to 7% on aviation fuel

Stamp Duty Dispute: Urban Company Challenges Delhi Government’s Rs 25 Lakh Penalty