The Patna High Court in the case of M/s Overseas Enterprises having their office at 2263, 1st Floor, Room No. 11, Gali Raghunandan, Naya Bazar,... Read More
Income Tax
Any failure on the part of a deductor in filing of TDS returns or statements or late filing of TDS returns or statements shall attract... Read More
The Gujarat High Court in a recent judgment pronounced on 26.4.2014 in the case of Rajmoti Industries vs. ACIT, held that payment through any crossed... Read More
Which Is Better: Will or Gift Deed?
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Query: I own a plot of land purchased from my own income and i wish to give it to one of my two sons. Please... Read More
After filling an Income Tax Return, the department verifies the same by going through the information given by the assessee in his return of income.... Read More
The Union Finance Minister in the latest Finance Bill has inserted a new section 80EE of the Income Tax Act dealing with additional deduction regarding... Read More
It has been recently proposed that in case of non-deduction or non-payment of TDS on payments made to residents of the country according to section... Read More
It has been recently held by the ITAT Mumbai in the case of Heranba Industries Ltd. (PAN/GIR No.- AAACH3787Q) vs. DCIT 9(2), ITA No.2292/Mum/2013, Mumbai,... Read More
Any individual who falls under as any of the following categories is obligated to furnish Annual Information Return an assessee; or a prescribed person at... Read More