ITAT Allows Withdrawal of Appeal with Option to Reinstate if Vivad Se Vishwas Application Fails
Ramrao Mannaji Nandakumari Vs ITO (ITAT Bangalore) Income Tax Appellate Tribunal (ITAT) Bangalore dismissed the appeal filed by the assessee, […]
SEBI Sets Timelines for Mutual Fund NFO Fund Deployment
Securities and Exchange Board of India (SEBI) has issued a circular setting timelines for Asset Management Companies (AMCs) to deploy
SEBI Sets Timelines for Mutual Fund NFO Fund Deployment Read Post »
SEBI Introduces Regulatory Framework for Specialized Investment Funds
Securities and Exchange Board of India (SEBI) has introduced a regulatory framework for Specialized Investment Funds (SIF) through amendments to
SEBI Introduces Regulatory Framework for Specialized Investment Funds Read Post »
Presumptive Taxation for Non-Residents: Key Provisions
Special provision from commutating the profit and gains of business profession on preventive Basis in case of non-resident The provision
Presumptive Taxation for Non-Residents: Key Provisions Read Post »
Understanding Standard Deduction: A Key Tax Benefit
Introduction Understanding various tax deductions can have a big impact on a person’s tax liability, which is why taxation is
Understanding Standard Deduction: A Key Tax Benefit Read Post »
Monthly Remuneration to Non-Executive Directors: Permissibility & Legal Provisions
Introduction: Monthly remuneration to Non-Executive Director (hereinafter referred as, “NED”) refers to a fixed, regular payment made to non-executive directors (who is
Monthly Remuneration to Non-Executive Directors: Permissibility & Legal Provisions Read Post »
IBBI Defers Action Against Insolvency Professional in Related Party CoC Dispute
Insolvency and Bankruptcy Board of India (IBBI) has issued an order deferring action against Insolvency Professional (IP) Naren Sheth concerning
IBBI Defers Action Against Insolvency Professional in Related Party CoC Dispute Read Post »
Substantive Additions Require Evidence; Protective Additions Apply to Ownership Uncertainty
Manjulaben Bipinbhai Patel Legal Heir of Late Bipinbhai P. Patel Vs DCIT (ITAT Ahmedabad) In the case of Manjulaben Bipinbhai
Interest from co-operative banks remains eligible for Section 80P(2)(d) deduction
Borivali Jankalyan Sahakari Patpedhi Ltd. Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT) Mumbai has ruled in favor
Interest from co-operative banks remains eligible for Section 80P(2)(d) deduction Read Post »
ITAT Mumbai Allows Section 80P(2)(d) Deduction on Co-Op Bank Interest
Pathare Prabhu Co–operative Housing Society Ltd. Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT) Mumbai recently ruled in
ITAT Mumbai Allows Section 80P(2)(d) Deduction on Co-Op Bank Interest Read Post »