Mumbai ITAT: Non-Resident’s On-Money from Foreign Income Not Taxable Under Section 69

In a recent case, the Mumbai ITAT (Income Tax Appellate Tribunal) has made an important ruling regarding the applicability of Section 69 of the Income Tax Act. The tribunal held that Section 69, which deals with unexplained investments, cannot be applied to on-money paid by a non-resident from foreign sourced income. The case involved a …

ITR Filing

Introduction Income tax return (ITR) filing is an essential financial responsibility that individuals and businesses must fulfill. It not only ensures compliance with the law but also allows taxpayers to take advantage of various benefits and exemptions. While the process may seem daunting at first, with the right knowledge and guidance, filing your ITR can …

CA in Faridabad

Hiring a Chartered Accountant (CA) in Faridabad can bring about numerous advantages and significant long-term benefits for businesses and individuals alike. The following are some key benefits of engaging the services of a CA in Faridabad, expressed using elaborate language: In conclusion, the advantages of engaging a CA in Faridabad extend far beyond immediate financial …

CA in Faridabad

Introduction In today’s complex business landscape, financial management plays a crucial role in the success and growth of any organization. To navigate through intricate financial regulations, compliance requirements, and optimize tax strategies, businesses in Faridabad, a prominent industrial hub in India, often turn to Chartered Accountants (CAs) for expert guidance. This article delves into the …

CA firm in Faridabad

Introduction: The city of Faridabad, located in the vibrant state of Haryana, is rapidly becoming an economic powerhouse. With its booming industrial sector and a thriving business community, Faridabad has emerged as a hub for entrepreneurship and commerce. Amidst this dynamic landscape, the services of a trusted Chartered Accountant (CA) firm play a pivotal role …

CA in Sector 34, Gurgaon

Introduction Sector 34 in Gurgaon is a thriving business hub, housing a diverse range of enterprises. Navigating the complex realms of finance and taxation in such a competitive environment can be challenging. However, businesses in Sector 34 can find solace in the presence of reputable Chartered Accountant (CA) services. These CAs in Sector 34, Gurgaon, …

CA in Sector 33, Gurgaon

Introduction: Gurgaon, the bustling financial hub of Haryana, attracts businesses and individuals seeking reliable and professional assistance in navigating the complexities of taxation, accounting, and financial management. Within Gurgaon, Sector 33 emerges as a prominent center for commerce and trade. To meet the increasing demands of the local business community, numerous Chartered Accountants (CAs) have …

CA in Sector 32, Gurgaon

Introduction In the bustling corporate hub of Gurgaon, Sector 32 stands as a prominent district where businesses from diverse industries flourish. Efficient financial management and compliance with complex tax and regulatory laws are crucial for the success of any enterprise. This is where Chartered Accountants (CAs) come in. In Sector 32, Gurgaon, businesses have access …

CA in Sector 31, Gurgaon

Introduction Sector 31 in Gurgaon is a vibrant commercial hub known for its entrepreneurial spirit and thriving business ecosystem. As businesses in the area continue to flourish, the need for reliable and comprehensive financial services, including chartered accountancy (CA) expertise, becomes increasingly vital. This article explores the CA services available in Sector 31, Gurgaon, highlighting …

CA in Sector 30, Gurgaon

Introduction Sector 30 in Gurgaon is a thriving commercial hub that houses a wide range of businesses, from startups to established enterprises. As the local economy grows and financial matters become increasingly complex, the demand for professional accounting services has surged. Chartered Accountants (CAs) play a crucial role in ensuring compliance, managing finances, and providing …

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