Payments received in INR may nevertheless be classified as foreign income depending on: The location of the source or client. The nature of the transaction. Accurate classification in the tax return ...
Pre-Budget 2025 discussions highlight the need for clarity in taxation laws concerning Virtual Digital Assets (VDAs). Ambiguities exist in determining the “Cost of Acquisition ( ...
But his appointment was denied due to the pendency of a criminal case under Section 498A IPC. It also must be disclosed here that the rejection was premised on a circular that barred candidates with ...
When dealing with income tax and TDS-related documents, understanding the password formats used to access these files is essential. These files, such as ITR V, Form 16, Form 26AS, or TDS certificates, ...
Supreme Court granted bail to women who is accused in complaint filed u/s. 44 of the Prevention of Money Laundering Act, 2002 since there is no possibility of the trial concluding in near future.
In this case, the notice under Section 143 (2) under which jurisdiction was assumed by the assessing officer was issued to a non-existent company. The assessment order was issued against the ...
Before ITAT was submitted that assessee was not provided with sufficient opportunity before AO to furnish the details. Considering the submission ITAT remanded back the matter to AO.