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Payment Made Overseas For Providing Information On Tariff Change Is Not 'FTS' And Hence Does Not Warrant TDS Deduction U/s 195: Delhi ITAT

The New Delhi ITAT held that no tax is deductible at source u/s 195 on payments made to overseas logistics company for rendition of logistics services, as such services cannot be treated as fees...

India
Ananya-kapoor
Salil-kapoor
Indiar-carriers-pvt-ltd
Division-bench
Income-tax-act
Kul-bharat
Judicial-member
Accountant-member

Additions U/s 69C Based Merely On CBIC Information Can't Be Sustained: Delhi High Court

The Delhi High Court sets aside the assessment order and remits the matter to AO on the ground that the additions of Rs.70.10 Cr. made under Section 69C as unexplained expenditure based merely on...

Ananya-kapoor
Salil-kapoor
Sumit-lalchandani
Justice-vibhu-bakhru
Justice-tara-vitasta-ganju
High-court
Division-bench
Income-tax-officer
Assessing-officer
Tarun-chanana

Unexplained Expenditure Addition Merely Based On CBIC Instruction Not Sustainable: Delhi High Court

Unexplained Expenditure Addition Merely Based On CBIC Instruction Not Sustainable: Delhi High Court
livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.

Delhi
India
Justice-vibhu-bakhru
Salil-kapoor
Justice-tara-vitasta-ganju
Delhi-high-court
Central-board
Indirect-taxes
Income-tax-act
Assessing-officer
For-petitioner

Unexplained Expenditure Addition Merely Based On CBIC Instruction Not Sustainable: Delhi High Court

Unexplained Expenditure Addition Merely Based On CBIC Instruction Not Sustainable: Delhi High Court
livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.

Delhi
India
Justice-vibhu-bakhru
Justice-tara-vitasta-ganju
Salil-kapoor
Delhi-high-court
Central-board
Indirect-taxes
Income-tax-act
Assessing-officer
For-petitioner

Reopening Or Abatement Of Assessment To Be Triggered Only Upon Discovery Of Material: Delhi High Court

The Delhi High Court has held that a reopening or abatement would be triggered only upon the discovery of material that is likely to “have a bearing on the determination of the total income” and would...

Delhi
India
Salil-kapoor
Justice-purushaindra-kumar-kaurav
Justice-yashwant-varma
Delhi-high-court
Income-tax-act
Income-tax
For-petitioner
Eopening
Abatement

Agra Portfolio Pvt. Ltd. vs Pr. Commissioner Of Income Tax - 1, & Anr. on 4 April, 2024

Agra Portfolio Pvt. Ltd. vs Pr. Commissioner Of Income Tax - 1, & Anr. on 4 April, 2024
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

Bombay
Maharashtra
India
Delhi
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Karnataka
Hyderabad
Andhra-pradesh
Sanjay-kumar
Sumit-lalchandani
Salil-kapoor

Share Market Highlights 13 March 2024: Sensex sheds 906 pts, Nifty slips below 22k amidst turmoil in small-, mid-cap segments

Share Market Highlights 13 March 2024: Sensex sheds 906 pts, Nifty slips below 22k amidst turmoil in small-, mid-cap segments
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Bharuch
Gujarat
India
United-states
Japan
Sanghi
Haryana
Saudi-arabia
Germany
Telangana
Andhra-pradesh
Medchal

Trade setup for Wednesday: 15 things to know before opening bell

Based on the OI percentage, 70 stocks saw long unwinding. These include Tata Chemicals, Hindustan Copper, Ipca Laboratories, BPCL, and Aditya Birla Fashion & Retail.

Mumbai
Maharashtra
India
United-kingdom
Andheri
Hindustan
India-general
Indraprastha
Haryana
United-states
American
Dalmia-bharat

Provisions Of Section 148 Under Old Regime Including TOLA Can't Be Applied To New Regime: Calcutta High Court

The Calcutta High Court has held that if the provisions of the old regime of Section 148 of the Income Tax Act, including Taxation and other Laws (Relaxation and Amendment of Certain Provisions) Act,...

India
Calcutta
West-bengal
Balaram-patra
Rajarshi-chattterjee
Prithu-dudhoria
Smarajit-roy-chowdhury
Kumar-dugar
Riddhiman-mukherjee
Omnarayan-rai
Arijit-sarkar
Amit-agarwal

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