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Direct Tax

Tax Department knows your money even in multiple bank accounts

Tax Department knows your money even in multiple bank accounts

Posted by By CA ALOK KUMAR May 7, 2023Posted inCBDT, Central Board Of Indirect Taxes & Customs, Income Tax Department, NRI TaxationNo Comments
Tax Department knows your money even in multiple bank accounts
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Govt wants Exemption-Free Income Tax Regime with lower Tax Rate – Revenue Secretary

Posted by By CA ALOK KUMAR February 5, 2023Posted inBudget 2023, Direct Tax, Income Tax, New Tax RegimeNo Comments
New_Tax_Regime_with_Exemption_Free_Lower_Tax_Rate_@Caalokkumar
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NRI Taxation - Non-Resident Taxpayers can file Form 10F manually until March 31, 2022 to Claim TDS Benefit

NRI Taxation – Non-Resident Taxpayers can file Form 10F Manually till March 31, 2023 to Claim TDS Benefit

Posted by By CA ALOK KUMAR December 23, 2022Posted inForm 10F, Income Tax Act 1961, NRI Taxation, Tax Residency Certificate, TRCNo Comments
NRI Taxation - Non-Resident Taxpayers can file Form 10F manually until March 31, 2022 to Claim TDS Benefit
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Expenditure During the Establishment & Commencement of a New Business are Deductible: ITAT Pune Bench

Posted by By CA ALOK KUMAR December 23, 2022Posted inCourt Judgement, Direct Tax, Income Tax, Income Tax Act 1961No Comments
Expenditure During the Establishment & Commencement of a New Business are Deductible: ITAT Pune Bench
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Benefit of CBDT instruction no 1916 providing Ceiling on Holding of Jewellery can be Extended to Jewellery held by Minor Son and Daughter: ITAT

Jewellery held by Minor Son and Daughter: Benefit of CBDT Circular can be Extended

Posted by By CA ALOK KUMAR December 14, 2022Posted inDirect Tax, High Court, Income Tax, Income Tax Act 1961, Judicial Decision, source of incomeNo Comments
Benefit of CBDT instruction no 1916 providing Ceiling on Holding of Jewellery can be Extended to Jewellery held by Minor Son and Daughter: ITAT
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Search & Seizure – Alleged unrecorded sale

Search & Seizure – Alleged unrecorded sale

Posted by By CA ALOK KUMAR December 14, 2022Posted inDirect Tax, Income Tax, Income Tax Act 1961No Comments
Search & Seizure - Alleged unrecorded sale
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Income Tax Slab Rate Under New Tax System & Old Tax Regime – Its Important for TaxPlanning

Income Tax Slab Rate Under New Tax System & Old Tax Regime – Its Important for TaxPlanning

Posted by By CA ALOK KUMAR December 14, 2022Posted inCentral Government, Direct Tax, Finance Acts, Income Tax, Income Tax Act 1961, source of incomeNo Comments
Income Tax Slab Rate Under New Tax System & Old Tax Regime - Its Important for TaxPlanning
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Direct Tax Collections in India for the Financial Year 2021-22

Income Tax Collections for the Financial Year 2022–23 – Growth of 31%

Posted by By CA ALOK KUMAR November 12, 2022Posted inCentral Government, Direct Tax, Finance Acts, Income Tax, Income Tax Act 1961, source of incomeNo Comments
Direct Tax Collections in India for the Financial Year 2021-22
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