TAX BY MANISH: HAPPY CA DAY

Monday, 1 July 2013

HAPPY CA DAY

Dear All,

Today is CA DAY and we are very proud to be associated with such a great profession.

No comments:

Mere execution of JDA with developer does not trigger capital gains tax in real estate transactions

Recently Bangalore ITAT recently delivered an important ruling clarifying that merely executing a Joint Development Agreement (JDA) does n...

TDS CPC – (Centralized Processing Cell) – New website launch

A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
Eligibility for GST Input Tax Credit (ITC) related to expenses on IPO/Bonus/Right Issues:

An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
Recent Judicial Developments in Income Tax: Key Rulings from Supreme Court, High Courts and ITAT

Recent judicial pronouncements across different forums have clarified several important aspects of Indian income tax law, particularly relat...
Navigating the New Foreign Remittance Compliance Regime under ITA 2025

The transition to the Income-tax Act, 2025 (ITA 2025) and the accompanying Income-tax Rules, 2026 introduces a significantly overhauled co...
Section 58 of the Income Tax Act, 2025: A Unified Presumptive Taxation Regime for Small Taxpayers

The newly enacted Income Tax Act, 2025, marks a significant step toward simplification by consolidating multiple presumptive taxation sche...
Deduction for Gratuity Contributions to LIC Without a Trust: Legal Analysis under Sections 36(1)(v), 40A(7), and 43B of the Income-tax Act, 1961

Introduction Employee welfare is a cornerstone of corporate responsibility, and gratuity forms a critical part of the social security benefi...
Tax Saving by International Holding

The overall effective tax rate of a U.S. multinational corporation may have significant impact on the value of its stock. Therefore, it ...
Major Shift in LDC Framework: Act Now

A significant change under Section 395(1) of the Income-tax Act, 2025 is reshaping how Lower Deduction Certificates (LDCs) operate via TRACE...
A Deep Dive into the Taxation of Carbon Credit Income in India

Introduction: India's Green Economy and the Tax Conundrum India stands as a global powerhouse in the fight against climate change, c...
Big Relief for Taxpayers: Delay in Form-67 Not Fatal for Foreign Tax Credit

In a landmark ruling, the ITAT, Hyderabad Bench, in the case of Amith Vishnaw Gudimela, held that a delay in filing Form-67 cannot be the so...