Importance of Filing ITR for IT Freelancers in AY 23-24

18 Jun, 2023

Importance of Filing ITR for IT Freelancer...

Information technology (IT) freelancers have several compelling reasons to file their Income Tax Returns (ITR) for the ...

Reasons to file Income Tax Returns (ITR) for the Assessment Year 2023-2024 by Transporter

18 Jun, 2023

Reasons to file Income Tax Returns (ITR) f...

Transportation is a crucial driver of the Indian economy, connecting regions and facilitating the movement of goods, pe...

The Importance of Filing ITR for Salaried Individuals in AY 2023-24

17 Jun, 2023

The Importance of Filing ITR for Salaried ...

Salary-earning employees, like any other taxpayer, have several reasons to consider filing their Income Tax Returns (I...

Reason to File ITR by Senior Citizen For AY 2023-24

17 Jun, 2023

Reason to File ITR by Senior Citizen For A...

Senior citizens, like any other taxpayer, may be required to file their income tax returns (ITR) for the assessment yea...

Why Income Tax Return Filing is Important

16 Jun, 2023

Why Income Tax Return Filing is Important

Income tax return filing is a crucial process that individuals and businesses undertake to report their annual income a...

Why ITR is Filed

16 Jun, 2023

Why ITR is Filed

Introduction Filing income tax returns is a crucial responsibility for individuals and entities in most countries. ...

Why to File Income Tax Return

16 Jun, 2023

Why to File Income Tax Return

Filing an income tax return is a legal requirement in many countries, and it serves several important purposes. In this...

16 Jun, 2023

Directors Sentenced to Six Months Rigorous...

In the case of ITO v. Saloni Jewellers Pvt. Ltd., the defendants were found guilty of the offense under Section 276CC o...

15 Jun, 2023

Revenue Denied Condonation of Delay for Ta...

The Revenue has filed an appeal in the present case, requesting the condonation of a delay of 1223 days. It is worth no...

15 Jun, 2023

Supreme Court ruling: Assessing Officer ca...

The determination of the arm's length price (ALP) cannot be carried out by the Assessing Officer alone, as it is mandat...

Chennai ITAT Rules in Favor of Assessee, Deletes Addition of Demonetization Deposits Despite RBI Notification Violation

13 Jun, 2023

Chennai ITAT Rules in Favor of Assessee, D...

The Chennai Income Tax Appellate Tribunal (ITAT) has eliminated the addition of cash deposits made during the demonetiz...

Mumbai ITAT Upholds CIT(A) Order, Deletes Addition on Foreman Commission for Chit Fund Company

13 Jun, 2023

Mumbai ITAT Upholds CIT(A) Order, Deletes ...

The Mumbai Income Tax Appellate Tribunal (ITAT) has upheld the order of the Commissioner of Income Tax (Appeals) (CIT(A...

Mumbai ITAT Allows Section 54F Exemption for Assessee with Jointly-Owned Properties

13 Jun, 2023

Mumbai ITAT Allows Section 54F Exemption f...

In a recent decision, the Mumbai Income Tax Appellate Tribunal (ITAT) ruled that an assessee who jointly owns multiple ...

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

13 Jun, 2023

Mumbai ITAT: Non-Resident’s On-Money...

In a recent case, the Mumbai ITAT (Income Tax Appellate Tribunal) has made an important ruling regarding the applicabil...

ITR Filing

13 Jun, 2023

ITR Filing

Introduction Income tax return (ITR) filing is an essential financial responsibility that individuals and businesses...

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