Blume Ventures Indus Valley Report 2024 Explainer
Blume Ventures Indus Valley Report 2024 Explainer a must watch for getting a deep dive into the Indian economy and how you can use it take strategic decisions for your … Read More
Author: CA Adityavikram Banka
The author is a Practicing CA, Founder of A. S. Banka Advisors Private Limited & Partner of Dhiraj & Dheeraj.
You can reach out to the author on : info@asbanka.com
www.asbanka.com
Taxation of unexplained income or investment
Taxation of unexplained income or investment: 1. Sec .68 of Income Tax Act– Cash Credits Where any sum is found credited in the books of an assessee maintained for any … Read More
20% Pre deposit is not a precondition for granting a stay on Income Tax Demand – HC (Delhi)
20% Pre deposit is not a precondition for granting a stay on Income Tax demand: National Association Of Software And Services Companies (NASSCOM) (TS-195-HC-2024(DEL)) Observations of the Hon Delhi HC … Read More
TDS exemption is available U/S 194C in case of a declaration, even when the transporter is not the owner: ITAT Jodhpur
TDS exemption is available U/S 194C in case of a declaration, even when the transporter is not the owner: ITAT Jodhpur Adhunik Khanan VA Parivahan Theka Sahakari Samiti Limited Vs. … Read More
Subscription to database is not royalty or professional fees and so not taxable: Delhi HC
Subscription to database is not royalty or professional fees and so not taxable: Delhi HC THE COMMISSIONER OF INCOME TAX – INTERNATIONAL TAXATION -3 Vs RELX INC Facts: 1. The … Read More
Interest on loan taken to invest in a subsidiary is allowable as a deduction: Bombay HC
Interest on loan taken to invest in a subsidiary is allowable as a deduction: Bombay HC PCIT Vs Videocon Industries Ltd. & Anr (Bombay High Court) (Income Tax Appeal No.434 … Read More
Individual Residential Status as per Income Tax Act
Individual Residential Status as per Income Tax Act. Taxation of individuals in India is primarily based on their residential status in the relevant tax year. An individual is said to … Read More
Eligibility Criteria for listing on SME Platform of BSE
New Eligibility Criteria for listing on SME Platform of BSE. BSE has revised its eligibility criteria for SME IPO listing on its platform from Jan 2024, bellow are some of … Read More
Whether agri operations on leased land be eligible for exemption under Income Tax Act?
Whether agri operations on leased land be eligible for exemption under Income Tax Act? Introduction: 1. Agriculture income earned by individuals and HUF is exempt under the Sec 10(1) of … Read More
FCRA Registration by Charitable Organisation for Foreign Donation
FCRA Registration for NGOs The Ministry of Home Affairs grants the FCRA registration as authorization to regulate foreign donations received by Indian nonprofit organisations. You must register with the Foreign … Read More