• twitter-icon

Search results for: Income Tax Act

Genius Software Features

Genius Best Tax Filing Software for CA, CS & Professionals

In Today’s taxation world, People are so confused about getting online e-filing. They do not complete the preparation of the papers and many accounting works. As we know there are several taxes applied by the Indian Government as well as income, service, TDS, wealth, etc. So we have to need software, which can e-file several […]

The Collection of Direct Tax has been hiked by 11.38 Percent

The gross rate of direct tax collection during April-January is hiked by 11.38 per cent at Rs 5,78,715 crore such as the tax has been hiked on Rs. 5,19,588 crore during the same period last year. Apart from this, the gross rate of Corporate tax is increased by 11.04 per cent on Rs. 3,28,413 crore […]

SAG Infotech Official Blog for Tax & GST Updates

Welcome to the official blog of SAG Infotech Private Limited Here you can find all the latest and updates news, articles, rules and regulation related to the taxation industry with official notifications including GST, Income Tax, TDS. One can also go through product-related articles and description and can request for a free demo through the query […]

How to Save Income Tax Legally in India

Best Ways to Save Big Amount of Income Tax in India

Tax payment to the government by any single person or any corporation is known as direct taxes, and tax paid for the use of goods and services is known as indirect taxes. The main aim of collecting taxes is to make out the expenditure of the government for the betterment of a nation. Submit Query […]

Bangalore ITAT's Order In The Case of Herbalife International India Pvt. Ltd. Vs DCIT (International Taxation)

Bangalore ITAT: In the Absence of Technical Skills, Payment to AE Abroad Doesn’t Come Under ‘FTS’

The Income Tax Appellate Tribunal (ITAT) of Bangalore in its judgment addressed the problem of whether the payments made via Herbalife International India Pvt. Ltd. to its associated enterprise (AE) abroad are authorized as “Fees for Technical Services” (FTS) under Indian tax laws and the India-USA Double Taxation Avoidance Agreement (DTAA). The case, Herbalife International […]

Chennai ITAT's Order in Case of National Contracting Company (India) Private Limited Vs. DCIT

ITAT Chennai: Classification Errors Don’t Disqualify Deductions in ITR

In the case of National Contracting Company (India) Private Limited vs. Deputy Commissioner of Income Tax (DCIT), the Chennai Income Tax Appellate Tribunal (ITAT) delivered a ruling. On June 24, 2024, the decision, pronounced, addresses the problem of whether a wrong classification in an Income Tax Return (ITR) can result in the refusal of a […]

Key Expectations from Budget 2024-25

Major Key Expectations from the Union Budget FY 2024–25 

In this post, you can find the key expectations of the Modi 3.0 government for the Union Budget FY 2024-25. We anticipate the Budget for 2024 to be announced in the second half of July 2024, after the conclusion of the Lok Sabha Elections 2024. This follows the National Democratic Alliance (NDA) securing a third […]

Kolkata ITAT's Order In Case of Supreme & Co. Pvt. Ltd Vs DCIT

Kolkata ITAT Order: Delayed EPF Contributions Not Claimable Under Section 36(1)(Va)

The Kolkata ITAT carried that delayed deposit of amount collected for employees’ contribution to PF renders claim of deduction u/s 36(1)(va) ineligible. Section 36(1)(va) of the Income Tax Act remarks that if the amount received towards employees’ contribution to PF is not deposited by the employer in the respective welfare account within the deadline, then […]

Bangalore ITAT's Order In Case of Carers World Wide vs Commissioner of Income Tax

CBDT Revised Deadline for Filing 10A/10AB Via Cir No. 07/2024: ITAT Deletes Order Denying Approval U/S 80G

The order was been quashed by the Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) rejecting the approval u/s 80G of the Income Tax Act as the Central Board of Direct Taxes ( CBDT ) has extended the deadline for filing Form 10A/10AB via press release on April 25, 2024, to June 30, […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Genius Software