Compensation Awarded for Land Acquired Under Provisions of Karnataka Highways Act Not Exempt from Tax Under RFCTLARR Act
Case Details: Commissioner of Income-tax (TDS) vs. Tushira Industries – [2024] 168 taxmann.com 169 (Karnataka) Judiciary and Counsel Details Krishna S. Dixit & Vijaykumar A. Patil, JJ. M. Thirumalesh & Roopa Anvekar, Advs. for the Appellant. C.M. Chandrashekar, Senior Counsel, J.M. Anil Kumar, Adv. & V.S. Kalasurmath, HCGP for the Respondent. Facts of the Case The assessee, a […]
Extension of due date for furnishing return of income for the Assessment Year 2024-25
Publish Date : Saturday, October 26, 2024 source
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A/10/10B/10BB for Assessment Year 2018-19 and subsequent assessment years
Publish Date : Monday, November 18, 2024 source
Assessee is Not Obligated to Check Portal Post Registration Cancellation; SCN Must Be Served Through Alternative Means | HC
Case Details: Ahs Steels v. Commissioner of State Taxes – [2024] 168 taxmann.com 150 (Allahabad) Judiciary and Counsel Details Shekhar B. Saraf & Vipin Chandra Dixit, JJ. Praveen Kumar & Vaibhav Singh for the Petitioner. Facts of the Case The petitioner was aggrieved by the order passed under Section 73 of the Act since the GST registration […]
CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents
Publish Date : Wednesday, October 16, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1207/Press-Release-CBDT-Notifies-Amendments-in-Income-tax-Rules-dated-17-10-2024.pdf source
[Opinion] The Ever-Increasing Role of Compliance Officers | Guiding Boards Through the Labyrinth of Governance
Dr. Sudheendhra Putty – [2024] 168 taxmann.com 291 (Article) In the dynamic and increasingly complex world of corporate governance, the role of compliance officers has shifted from being administrative backroom operators to key figures at the heart of board decision-making. As companies navigate an era defined by heightened regulatory scrutiny, escalating ethical expectations and expanding […]
Hon’ble Union Finance Minister Smt Nirmala Sitharaman presides over the 165th Income Tax Day celebrations at Delhi
Publish Date : Wednesday, August 21, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1197/Press-Release-Honble-Union-Finance-Minister-Smt-Nirmala-Sitharaman-presides-over-the-165th-Income-Tax-Day-dated-21-08-2024.pdf source
CBDT relaxes provisions of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar
Publish Date : Wednesday, August 7, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1195/CBDT-relaxes-provisions-of-TDS-TCS-in-the-event-of-death-of-deductee-collectee-07-08-2024.pdf source
[Opinion] The ‘as is where is’/‘as is’ Enigma – An Analysis
Sahana R & Derlene Joshna – [2024] 168 taxmann.com 287 (Article) The GST Council has been proactive in settling contentious issues under GST through recommendations to the Central Board of Indirect Taxes (“CBIC” or “Board”) to issue circulars clarifying the tax treatment in respect of several transactions. Recently, the GST Council has recommended the Board […]
CBDT participates in special Campaign 4.0
Publish Date : Wednesday, October 16, 2024 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1205/Press-Release-CBDT-participates-in-special-Campaign-4.0-dated-16-10-2024.pdf source