The Delhi High Court has held that mere use of the expression ‘yes, i am satisfied’ by the Principal Commissioner of...

The Supreme Court has remanded the matter to AO to determine the purpose for which short term Fixed Deposit (FD)...

Table of ContentsSection 194DA – TDS Rate Changes on Life Insurance Policy PayoutsSection 194A – TDS Rate Changes on...

Table of ContentsBackgroundRelevant ProvisionsConclusionFAQsDepreciation Can Only Be Set Off Against what sources? ...

Table of ContentsBackgroundSubmissions ConclusionWhat Is An Integral Part Of Order Generation In E-Assessment? The...

Table of ContentsBackgroundConclusion - Depreciation On Toll RoadsFAQsOn which assets depreciation is not allowed?Is...

Table of ContentsBackgroundConclusion - Technological Impediment Can’t Harass AssesseeFAQsCan Technological Impediment...

Table of ContentsBackgroundConclusion - No Income Tax on Credit Card FeeFAQsIs Income Tax on Credit Card Fee...

Table of ContentsSupreme Court - DIRECT TAX WEEKLY FLASHBACKDelhi High Court Bombay High Court - DIRECT TAX WEEKLY...

Table of ContentsBackground Arguments - Section 264 Revisionary Power Conclusion FAQsWhat is section 264 under the...

Table of ContentsBackgroundConclusionFAQsCan Income Tax Dept. Quote Supreme Court’s Decision in Abhisar Buildwell Case...