Man wins tax case against ₹8 lakh cash deposit notice
A taxpayer's victory over Income Tax Department reveals crucial rules about cash deposits and presumptive taxation. Learn how proper documentation saved him from unnecessary tax liability.
Category : Search result: presumptive taxation
Madras HC: Crypto Legal & Taxable in India
In a groundbreaking judgment, Madras High Court declares cryptocurrency trading legal in India and classifies profits as taxable income. Discover how this ruling reshapes India's crypto landscape and what it means for your digital investments.
Father Wins ITAT Case Against TDS Notice on Ancestral Property
Read how a father successfully challenged an income tax notice for TDS on ancestral property jointly sold with son. Key ITAT ruling explained.
UAE NRIs: Tax Rules for Unlisted Indian Shares
UAE-based NRIs trading unlisted Indian shares through NRO accounts must understand critical tax implications on capital gains, TDS deductions, and DTAA benefits to avoid compliance pitfalls.
Germany-India Tax Treaty Changes Hit NRI Investors
Major tax implications for NRIs as Germany-India DTAA changes eliminate capital gains tax exemption on listed Indian shares. Learn how this impacts your investments.
Supreme Court's Landmark Tax Relief for Foreign Companies
In a groundbreaking verdict, India's Supreme Court provides crucial tax clarity for multinational corporations, settling long-standing disputes over royalty payments and transfer pricing adjustments.
High GST Dips Bengaluru's Deepavali Ethnic Wear Sales 30%
Bengaluru's festive season sees significant drop in ethnic wear sales as 12% GST on items above ₹1000 dampens shopping spirit. Retailers report 30% decline despite festive discounts.
India's ₹1.5L Cr GST Shortfall: Who Pays?
Massive GST revenue gaps force honest taxpayers to bear burden of widespread evasion. Analysis reveals systemic flaws in India's tax infrastructure and compliance challenges.
Zomato parent gets ₹64 crore UP tax notice
Uttar Pradesh tax authorities slap Zomato's parent company with a massive ₹64.17 crore notice over alleged GST discrepancies. Get the complete breakdown of the tax demand and company's response.
CBIC Extends GSTR-3B Deadline to Oct 25
In a major compliance relief for businesses, CBIC extends GSTR-3B filing deadline to October 25, 2023. Get all details about the extension for monthly and quarterly filers and what it means for Indian taxpayers.
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