Daily Archives: February 16, 2023

No Interest under Section 234A if the tax due had already been paid which was not less than the tax payable on the returned income : Supreme Court

By | February 16, 2023

No Interest under Section 234A if the tax due had already been paid which was not less than the tax payable on the returned income : Supreme Court SUPREME COURT OF INDIA Commissioner of Income-tax v. Pranoy Roy ASHOK BHAN AND V.S. SIRPURKAR, JJ. CA NO. 448 OF 2003 AND 3125 OF 2006 SEPTEMBER  17, 2008 P.V.… Read More »

Sec. 234B(2A) interest is levied on additional income tax payable after providing set-off of all prepaid taxes: HC

By | February 16, 2023

Sec. 234B(2A) interest is levied on additional income tax payable after providing set-off of all prepaid taxes: HC HIGH COURT OF GUJARAT Shiv Shipping and Logistics v. Income Tax Settlement Commission Addl. Bench II MS. SONIA GOKANI AND SANDEEP N. BHATT, JJ. R/SPECIAL CIVIL APPLICATION NO. 6290 OF 2021 FEBRUARY  1, 2023 S.N. Soparkar and B.S. Soparkar, Advs. for the… Read More »

Non Filer of ITR , Interest to be levied only till date of payment of self-assessment tax : ITAT

By | February 16, 2023

Non Filer of ITR , Interest to be levied only till date of payment of self-assessment tax : ITAT IN THE ITAT RAJKOT BENCH Dhirendra Narbheram Sheth v. Income-tax Officer Ward-2(3)(5), Rajkot WASEEM AHMED, ACCOUNTANT MEMBER MS. MADHUMITA ROY, JUDICIAL MEMBER I T APPEAL NO. 181 (RJT.) OF 2022 [ASSESSMENT YEAR 2011-12] FEBRUARY  3, 2023… Read More »

How to download form 16 for salaried employees

By | February 16, 2023

How to download form 16 for salaried employees Form 16 is a certificate issued by an employer to its employees, which contains details of the employee’s salary, tax deductions, and other relevant information. It is used by employees to file their income tax returns. If you are a salaried employee and need to download your… Read More »