India’s next big corporate reform: Decriminalise over 100 offences by year-end
A proposed update to a 2023 legislation aims to make it easier to do business in India without the fear of fines, court ...
Kiplinger10h
The 10-Year Rule for Inherited IRAs
thus allowing the funds in the accounts to grow tax-free for decades. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to ...
Tax Guru14h
No Section 56(2)(x) Addition for Agreement Value Reduction Due to GST Rate Hike: ITAT Mumbai
1. The Appellant states that the notice issued u/s. 143 (2) of the Act is bad in law, illegal and void-ab-initio. The consequential assessment order passed is bad-in-law, illegal and void-ab-initio. 2 ...
Tax Guru18h
ITAT Allows Section 54 Exemption for Overseas Property Purchase Before 2014 Amendment
This is an appeal filed by the Revenue. The relevant assessment year is 2011-12. The appeal is directed against the order of the Commissioner of Income Tax (Appeals)-57, Mumbai [in short ‘CIT (A)’]and ...