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Adwaid M S

Adwaid M S

Adwaid M S is a BBA-LL.B (Hons.) student at Government Law College Kozhikode with a deep passion for Space and Sports Laws, combining his legal acumen with a keen interest in quizzing and intellectual pursuits.

    What Would Happen If India Goes Tax Free?

    If India were to go tax free; that is, eliminating all forms of direct and indirect taxation; it would represent a radical transformation in public finance, economic structure, and social policy....

    What Would Happen If India Goes Tax Free?
    Adwaid M S

    ITAT Gives Rural Trust Second Shot at 80G Tax Benefits After Portal Confusion [Read Order]

    The Income Tax Appellate Tribunal (ITAT) Ahmedabad has granted a small rural trust from Surat district, another chance to secure crucial 80G tax-exempt status after its initial application was...

    ITAT Gives Rural Trust Second Shot at 80G Tax Benefits After Portal Confusion [Read Order]
    Adwaid M S

    ITAT Slams CIT(A) for Skipping Remand Report, Orders Re-Hearing in Rs. 99.5 Lakh Cash Deposit Case

    The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has set aside an order by the Commissioner of Income Tax (Appeals) for failing to call for a remand report in a case involving unexplained...

    ITAT Slams CIT(A) for Skipping Remand Report, Orders Re-Hearing in Rs. 99.5 Lakh Cash Deposit Case
    Adwaid M S

    ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]

    The Income Tax Appellate Tribunal (ITAT) Ahmedabad has granted a taxpayer another opportunity to explain the source of funds for a ₹50 lakh property purchase made back in 2011. The tribunal set...

    ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]
    Adwaid M S

    ITAT Grants Second Chance; Trust's 12AB & 80G Registration Denial Set Aside for Fresh Hearing [Read Order]

    The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has given a trust, another opportunity to secure tax-exempt registrations under Sections 12AB and 80G(5) of the Income Tax Act. The tribunal...

    ITAT Grants Second Chance; Trusts 12AB & 80G Registration Denial Set Aside for Fresh Hearing [Read Order]
    Adwaid M S

    ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]

    The Income Tax Appellate Tribunal (ITAT) Ahmedabad has granted a taxpayer another opportunity to explain the source of funds for a ₹50 lakh property purchase made back in 2011. The tribunal set...

    ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase Source [Read Order]
    Adwaid M S

    Zero Tax up to Rs. 12.75 Lakh u/s 87A, But Will Short-Term Capital Gains Still Attract Income Tax?

    Introduction Imagine earning ₹12.5 lakh a year from your salaried job and not paying a single penny as income tax. Sounds incredible? This is exactly what the government promised with the...

    Zero Tax up to Rs. 12.75 Lakh u/s 87A, But Will Short-Term Capital Gains Still Attract Income Tax?
    Adwaid M S

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