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Know Significant Income Tax Changes w.e.f. July 1st 2023
The Central Government has made revisions to the income tax act, which have been officially documented as the Finance Act, 2023. Certain amendments...
“Don’t Delay, Link it Today”: Income Tax Department to Deactivate Unlinked PAN from 1st April, Urges Taxpayers to Link Adhaar with PAN
As the Government is all set to deactivate all PAN Cards that are not linked with aadhaar card, the income tax department has issued an urgent notice to all taxpayers advising them to link their PAN...
EHL Ltd and The Lalit Golf and Spa Resort fails to respond notice u/s 133(6): ITAT to deletes Addition on Marketing Expenses [Read Order]
Plainly because only 2 out of 17 parties failed to respond to the notice sent under section 133(6) of the Income Tax Act, the Mumbai Income Tax Appellate Tribunal (ITAT) instructed the Assessing...
![EHL Ltd and The Lalit Golf and Spa Resort fails to respond notice u/s 133(6): ITAT to deletes Addition on Marketing Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/EHL-Ltd-and-The-Lalit-Golf-and-Spa-Resort-respond-notice-ITAT-Marketing-Expenses-TAXSCAN.jpg "EHL Ltd and The Lalit Golf and Spa Resort fails to respond notice u/s 133(6): ITAT to deletes Addition on Marketing Expenses [Read Order]")
Shell Companies and Illegal Loan Apps under Tax Scanner: Income Tax Dept & GST Dept to cancel PANs and GSTINs
In a move to tackle tax evasion and other economic offences through the shell companies and illegal loan applications, the income tax department and the GST department have started to cancel the...
