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Expenses allowed as deductions from income from other sources

By Taxwink Team | 18 Jan,2022

Expenses allowed as deductions from income from other sources   Generally, income derived by a taxp....

Tax on Advance forfeited on Property 

By Taxwink Team | 17 Jan,2022

Tax on Advance forfeited on Property    Introduction:  It is quite general in the real....

Income Tax on marriage gifts: Whether Taxable or not?

By Taxwink Team | 17 Jan,2022

Income Tax on marriage gifts: Whether Taxable or not?   Introduction: It is a part of the custom....

No addition under Section 50C for a difference of up to 10% of stamp duty value on a retrospective basis

By Taxwink Team | 16 Jan,2022

No addition under Section 50C for a difference of up to 10% of stamp duty value on a retrospective basis &n....

Place of supply for event-based services

By Taxwink Team | 13 Jan,2022

Place of supply for event-based services   “Place of Supply” is one of the most importa....

Definition of Relatives for the purpose of Income Tax Act, 1961

By Taxwink Team | 13 Jan,2022

Definition of Relatives for the purpose of Income Tax Act, 1961     Who is Relative und....

Tax Audit & ITR date extension Assessment Year 2021-22

By Taxwink Team | 12 Jan,2022

Tax Audit & ITR due dates for Assessment Year 2021-22 extended by CBDT   Tax Audit Due date for....

MCA DUE DATE EXTENSION FOR F.Y. 2020-21- GOOD NEWS FOR PROFESSIONALS AND ALL THE STAKEHOLDERS

By Taxwink Team | 29 Dec,2021

MCA DUE DATE EXTENSION FOR F.Y. 2020-21- GOOD NEWS FOR PROFESSIONALS AND ALL THE STAKEHOLDERS   The....

Relaxation for verification of Income Tax Returns for the Assessment Year 2020-21

By Taxwink Team | 29 Dec,2021

Relaxation for verification of Income Tax Returns for the Assessment Year 2020-21   The good news h....

Addition u/s 68 merely on the basis of doubts and suspicion not justified- ITAT Kolkata

By Taxwink Team | 21 Dec,2021

Addition u/s 68 merely on the basis of doubts and suspicion not justified- ITAT Kolkata    ....

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