Tag Archives: Income tax

Income Tax Department search in J&K Region

By | June 12, 2019

Income Tax Department strikes again in J&K Region Posted On: 11 JUN 2019 The Income Tax Department conducted search and seizure operations today on a prominent business group based in Srinagar, covering 8 premises in Srinagar and 1 each at Bangalore and Delhi. The assessee group is engaged in the business of transportation, manufacturing of… Read More »

Taxation of Copyright Royalties in India : 2019 Book

By | June 11, 2019

Taxation of Copyright Royalties in India: Interplay of Copyright Law and Income Tax Price Rs 632 Click here to buy online Publisher: OakBridge Publishing (1 March 2019)   “This book written by Sri Ganesh Rajgopalan is an effort in unearthing the vast skies of intangibles. He has delved into various facets of intangibles. He brings to… Read More »

No TDS u/s 194C on hiring charges of crane : ITAT

By | May 13, 2019

A simpliciter payment towards hiring charges of cranes cannot be brought within the sweep of the definition of the term “work” as envisaged in Sec. 194C of the IT Act. IN THE ITAT AMRITSAR BENCH Bhangal Construction Co. v. Income-tax Officer, Ward-1, Phagwara N.K. SAINI, VICE-PRESIDENT AND RAVISH SOOD, JUDICIAL MEMBER IT APPEAL NO. 587 (ASR.) OF… Read More »

74 Changes in Income Tax Return 2019

By | May 13, 2019

Changes in Income Tax Return 2019 The Central Board of Direct Taxes (CBDT) has notified the Income-tax Return (ITR) Forms applicable for the Assessment Year 2019-20. These ITR Forms will be applicable for filing of income-tax return in respect of income earned during the previous year 2018-19 (between 01-04-2018 to 31-03-2019). The new forms incorporate… Read More »

Notice issued in name of dead person isn’t binding on legal representative : ITAT

By | May 10, 2019

The issue of a notice under Section 148 of the Act is a foundation for reopening of assessment. The sine qua non for acquiring jurisdiction to reopen an assessment is that such notice should be issued in the name of the correct person. This requirement of issuing notice to a correct person and not to… Read More »