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MINISTRY-OF-CORPORATE-AFFAIRS

MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.

Taxation of ESOPs

Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024

Amendments made in Form 3CD effective from AY 2024-25

TDS on Partner’s Remuneration introduced in the Budget 2024

RBI allows Indian Resident to open foreign currency accounts in GIFT City under LRS

Lower Tax Deduction certificate (TDS)

Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai

Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC

Legal precedents on Ad- Hoc Disallowances

Monday, May 19, 2025

Tag: Residential Status

Individual Residential Status as per Income Tax Act
Income Tax

Individual Residential Status as per Income Tax Act

CA Adityavikram Banka February 23, 2024

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

Income TaxNRI TaxationResidential Status
ITAT case on salary earned by the non resident outside India – Devi Dayal vs DCIT, 2024, Delhi ITAT
Case Law Case Law IT Income Tax ITAT

ITAT case on salary earned by the non resident outside India – Devi Dayal vs DCIT, 2024, Delhi ITAT

CA Adityavikram Banka February 10, 2024

ITAT case on salary earned by the non resident outside India Devi Dayal vs DCIT, 2024, Delhi ITAT (ITA Nos. 835 & 836/Del/2023) Facts: 1. The Appellant was deputed to … Read More

Case LawIncome TaxITATNRI TaxationResidential Status
ITAT Mumbai judgement on whether employment includes self employment for the purpose of determining residential status
Case Law Income Tax ITAT

ITAT Mumbai judgement on whether employment includes self employment for the purpose of determining residential status

admin January 19, 2024

ITAT Mumbai judgement on whether employment includes self employment for the purpose of determining residential status ACIT Vs Nishant Kanodia (ITA No. 2155/Mum./2023) Facts: 1. The assessee, being an individual, … Read More

Case LawIncome TaxITATResidential Status

Recent Posts

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024

INCOME TAX

  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024
  • Lower Tax Deduction certificate (TDS)

Corporate Law

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Eligibility Criteria for listing on SME Platform of BSE
  • FCRA Registration by Charitable Organisation for Foreign Donation
  • Key Managerial Personnel: Section 203 of the Companies Act, 2013
  • How Stock Market Work – IPO – Animated Video

CASE LAW

  • Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai
  • Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC
  • Legal precedents on Ad- Hoc Disallowances
  • Additions cannot be made based on profit assumptions: Punjab & Haryana HC
  • Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GOODS & SERVICE TAX (GST)

  • Remuneration paid to directors to attract GST – AAR
  • CBIC notifies the changes recommended in the 43rd GST Council meeting
  • Key points from 43rd GST Council Meeting
  • Presentation on E-Invoice Under GST
  • Extension of Due Date of GST for March & April 2021 Return

OTHER POSTS

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024

AY 2021-22 Budget Changes Case Law CBDT CBIC Circular Companies Act Corporate Law Director Dividend DTAA Due Date Extension Finance Act fundraising FY 2020-21 GST GST Council GSTN GSTR1 GSTR3B GST Refund GST Return High Court IBC Income Tax initial public offering Insolvency and Bankruptcy Code International Taxation ipo ITAT LLP MCA Notification NRI NRI Taxation Permanent Establishment (PE) RBI RCM Residential Status Reverse Charge Mechanism startup strategy TDS Unexplained Income

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