Income Tax

Income Tax 

A Quick Guide to Property Tax in Malta

February 4, 2018 Rajbir Chawla 0 Comments Malta, Property Gains Tax Malta, Save taxes Capital Gains Malta, Tax Planning Malta

Owning property in the island nation of Malta is a delight really and while that has a lot to do

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Income Tax 

A Guide to Capital Gains Tax in Perth Australia

January 29, 2018 Rajbir Chawla 0 Comments Capital Gains Tax in Perth Australia, How to Save Capital Gains Tax?, tax planning in Australia

Any time you sell a capital asset (i.e. – a real estate property or shares in a company) typically the

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Income Tax 

New tax rules amendments for religious organizations and institutions by Central Board of Direct Taxes

January 28, 2018 Rebecca Ghomes 0 Comments Central Board of Direct Taxes, Finance Act, financial regulations, Form 10 A, new clauses in  finance act of 2017, new tax rules amendments, Rule 17 A of income tax

Central Board of Direct Taxes issues regulations pertaining to any Finance Act or forms new regulations regarding tax in the

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Income Tax 

Jurisdictional Requirements should be met for Penal Charges to be applicable under Section 271AAA

January 28, 2018 Rebecca Ghomes 0 Comments Commissioner of Income Tax, conditions for immunity claiming, High court of Delhi, Justice S.Murlidhar and Justice Pratibha M. Singh, section 271AAA, Tax act

There is a protocol that is followed in every search and seizure operation conducted by the Income Tax Department. The

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Income Tax 

Basic Accounting Principles for Lawyers

January 11, 2018 Rajbir Chawla 0 Comments Accounting tools for Lawyers, advocates, best service advocate

Basic Accounting Principles for Lawyers Very few lawyers are also accountants and few accountants have a legal background. This means

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Income Tax 

The Assessing Officer cannot point Fake Purchase under section 69C

October 31, 2017October 31, 2017 Diksha Garg 0 Comments Income Tax, IT officer

The Assessing Officer cannot point Fake Purchase under section 69C, in a case where all the sales and purchase transactions

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Income Tax 

If you true in paying the Tax, CIT can also be wrong as clear from this case

October 31, 2017 Diksha Garg 0 Comments CIT, Income Tax, Tax

If you true in paying the Tax, CIT can also be wrong as clear from this case. The assessee filed

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Income Tax 

If a case is manually selected for the inspection, CIT needs to manifest the application of mind for granting approval for scrutiny

October 31, 2017 Diksha Garg 0 Comments CIT, Income Tax, manual inspection

If a case is manually selected for the inspection, CIT needs to manifest the application of mind for granting approval

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Income Tax 

Form 10A and Rule 17A May See an Amendment in Future: CBDT Issues Draft Notification

October 29, 2017 Diksha Garg 0 Comments CBDT, CBDT Directions

Central Board of Direct Taxes has issued a statement that the present Finance Act, 2017, will be incorporated with a

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Income Tax 

Reopening of assessment- Change of Opinion or Failure to apply Mind- Crescent Construction Co vs. ACIT (ITAT Mumbai)

October 20, 2017 Diksha Garg 0 Comments Income Tax, Reopening of assessment, section 114 of the Indian Evidence Act, Valid reasons for reopening of assessment

Discussion on reopening of assessments in the context of “change of opinion” vs. “failure to apply mind,” under s. 147/148,

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