Income Tax Payment (India)

By | February 21, 2019

Income Tax Payment e-Payment of Taxes (Income Tax) online (India) Who has to Pay Income Tax Electronically How to check your Income Tax Payments and TDS details ? Do’s and Dont’s of Challans to be used for Income tax payments Advance Income Tax Provisions, Payment Challan, Utility ; Examples How to check Payment of Income… Read More »

No adjournment because of appellant’s counsel being out of station : SC

By | February 20, 2019

SUPREME COURT OF INDIA Ram Siromani Tripathi v. State of Uttar Pradesh A. K. SIKRI, S. ABDUL NAZEER AND M.R. SHAH, JJ. CIVIL APPEAL NOS. 9142 AND 9144 OF 2010 & 6156 OF 2012 FEBRUARY  7, 2019 R.K. Ojha, Adv., Balraj Dewan and Dr. Vinod Kumar Tewari, AOR’s for the Appellant. Pramod Swarup, Sr. Adv. Ms. Prerna Swarup, Ms. Alka Sinha, Advs. Ravindra Kumar and Anuvrat Sharma, AOR’s for the… Read More »

No Income Tax on sales tax waiver as it is capital receipt : HC

By | February 20, 2019

HIGH COURT OF BOMBAY Commissioner of Income-tax-LTU v. Indian Petrochemicals Corpn. Ltd. AKIL KURESHI AND M.S. SANKLECHA, JJ. IT APPEAL NO. 1428 OF 2016 JANUARY  22, 2019 Tejveer Singh for the Appellant. J.D. Mistri, Sr. Adv., P.C. Tripathi and Amit Mathur for the Respondent. ORDER 1. The Revenue is in Appeal against the Judgment of the Income Tax Appellate Tribunal (in short “the Tribunal”),… Read More »

How to Buy LIC Policies Online

By | February 20, 2019

You can buy LIC Policies (Life Insurance Corporation of India) through internet. Buy LIC Policies Online For a customer who is comfortable using the internet and has some experience of having made an online purchase, buying life insurance online is an easy and a logical option. It’s fast, easy and secure – just fill in… Read More »

Pay Income Tax on Capital Gain of Land if Possession handed over even if agreement to sell cancelled later on : HC

By | February 20, 2019

The argument of the learned senior counsel for the assessee that contract was subsequently rescinded will not be of any help because the contract was rescinded only subsequent to the assessment year and what we are concerned for the purpose of the Act is the transactions which took place during the assessment year. HIGH COURT… Read More »