Income Tax

Ankit Mishra

10 Jan, 2023

Taxation ideas such as the Minimum Alternate Tax (MAT) and Alternative Minimum Tax (AMT) are relevant to both corporations and tax-paying individuals. The...

Shubhangi Jain

01 Jun, 2024

On 20th December 2022, the Income Tax Appellate Tribunal Mumbai pronounced a judgement in the case titled ACIT Vs Triple Securities Pvt. Ltd against the ap...

Shubhangi Jain

03 Jan, 2023

The ITAT Bangalore pronounced a judgement on 19th December 2022 in case titled M/s Mindtree Ltd Vs DCIT in respect of the cross-appeals against the order o...

Shubhangi Jain

31 Dec, 2022

Residential status is vital to determine the taxability of an individual in India for any particular financial year. The term residential status has been p...

Shubhangi Jain

30 Dec, 2022

According to the basic rule of the Income Tax Act 1961, the assessee must pay tax on income except in cases it is specifically non-taxable. The income on w...

Shubhangi Jain

22 May, 2024

Dividend is a crucial source of income for stock investors over the long term, and one of the ways in which such dividend is paid out is through stock divi...

Nikhil Mogha

26 Dec, 2022

In a landmark case of BBC World Distribution Ltd. vs ADIT, 2022, the Delhi ITAT has reiterated that any revenue earned by BBC through distribution of news...

Nikhil Mogha

29 May, 2024

The Delhi High Court in the case of Principal Commissioner of Income-tax v. Punjab & Sind Bank 2022, has dismissed the appeal of the principal commissi...