Key Restrictions on Cash Transactions under the Income-tax Act, 1961
Key Restrictions on Cash Transactions under the Income-tax Act, 1961. The Income-tax Act, 1961, imposes strict restrictions on high-value cash…
Income Tax Act
Income Tax
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𝗣𝗲𝗻𝗮𝗹𝘁𝘆 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟮𝟳𝟬𝗔 – 𝗨𝗻𝗱𝗲𝗿𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝘃𝘀 𝗠𝗶𝘀𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗼𝗳 𝗜𝗻𝗰𝗼𝗺𝗲
𝗣𝗲𝗻𝗮𝗹𝘁𝘆 𝘂𝗻𝗱𝗲𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟮𝟳𝟬𝗔 – 𝗨𝗻𝗱𝗲𝗿𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝘃𝘀 𝗠𝗶𝘀𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗼𝗳 𝗜𝗻𝗰𝗼𝗺𝗲 Under Section 270A of the Income Tax Act, underreporting of…
Significant Economic Presence (SEP) under the Income-tax Act, 2025
Significant Economic Presence (SEP) under the Income-tax Act, 2025 Understand Significant Economic Presence (SEP) under the Income-tax Act, 2025 effective…
Income-Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26)
Income-Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26) When you’re planning your taxes for the year, knowing…
Tax implications on Diwali Gifts, Perquisites & any kind of Gifts in India
Tax implications on Diwali Gifts, Perquisites & any kind of Gifts in India In India, the tax implications on gifts…
Think Your Bank Transactions Go Unnoticed? Think Again.
Think Your Bank Transactions Go Unnoticed? Think Again. Your friendly savings account might seem private, but the Income Tax Department…
Simplified Guidelines for Compounding of Offences under the Income-tax effective 17/10/24:
Simplified Guidelines for Compounding of Offences under the Income-tax effective 17/10/24: The Central Board of Direct Taxes (CBDT) issued revised…
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025:
Notional Rent and Self-Occupied House Provisions under the Income Tax Act, 2025: As per the Finance Bill 2025, which amended…
Can F&O loss be set off against capital gains
Can F&O loss be set off against capital gains? Question: Whether loss incurred from trading in futures and options (F&O)…
Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai
Non-deposit in Capital Gains Account Scheme Not Fatal to Section 54 Exemption: ITAT Chennai Krishnamoorthy Vijayaraghavan v. Income Tax Officer…