Nuns in state of 'Civil Death' liable to Pay Income Tax or Not? Supreme Court to Decide
The Supreme Court is set to review the question of whether nuns, who receive salaries, are obligated to pay income tax. Christian missionary orders,...
![TDS u/s 194 C Deduction on Common Maintenance Charges:Â ITAT Accepts Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-delhi-Income-tax-Common-maintenance-charges-TDS-Maintenance-Charges-taxscan.jpg "TDS u/s 194 C Deduction on Common Maintenance Charges:Â ITAT Accepts Additional Evidence [Read Order]")
![No Limitation filing Application for Compounding of Offence contrary to Section 279(2) of Income Tax Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Madras-High-court-Income-Tax-Act-Compounding-of-Offence-Application-Madras-High-Court-Ruling-Legal-News-on-Income-Tax-Offences-Madras-HC-Compounding-Offence-Case-TAXSCAN.jpg "No Limitation filing Application for Compounding of Offence contrary to Section 279(2) of Income Tax Act: Madras HC [Read Order]")
![TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-Delhi-Income-tax-TDS-Common-area-maintenance-charges-Income-tax-act-is-applicable-on-CAM-charges-ITAT-ruling-on-TDS-TAXSCAN-1.jpg "TDS u/S 194 C of Income tax act is applicable on CAM charges: ITAT [Read Order]")
Claiming of Past Year's TDS Credit: Industry demands Streamlined Online Process in Budget 2024, says current method Troublesome
Industry leaders are urging the government to address the TDS mechanism in the Budget 2024, seeking a solution to a major issue while allowing the claim of Tax Deducted at Source ( TDS ) for income...
Failure to Deduct TDS due to Lack of Awareness: Supreme Court Upholds Allahabad HC Order, Dismisses SLP [Read Order]
The Supreme Court of India has upheld the judgment of the High Court of Judicature at Allahabad, Lucknow Bench, regarding the failure to deduct Tax Deducted at Source (TDS). The case involved...
Unable to identify relevant Income disclosed in Income Tax Return for claim of TDS: ITAT directs Readjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench directed readjudication of matter due to an inability to identify the relevant income disclosed in the Income Tax Return for the claim of Tax...
![Unable to identify relevant Income disclosed in Income Tax Return for claim of TDS: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITR.jpg "Unable to identify relevant Income disclosed in Income Tax Return for claim of TDS: ITAT directs Readjudication [Read Order]")
Income Tax Filing for NRIs: Know the Returns and Forms Applicable for Non-Resident Individuals for AY 2023-2024
Non-Resident Individual is an individual who is not a resident of India for tax purposes. In order to determine whether an Individual is a Non-Resident or not, his residential status is required to...
Forex loss used for Working Capital Purpose of Assessee is a Revenue Expenditure and shall be allowed as Deduction u/s 37(1): ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the forex loss/liabilities used for the working capital purpose of the assessee is a revenue expenditure and shall be allowed...
![Forex loss used for Working Capital Purpose of Assessee is a Revenue Expenditure and shall be allowed as Deduction u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-Capital-Purpose-Expenditure-Forex-loss-TAXSCAN.jpg "Forex loss used for Working Capital Purpose of Assessee is a Revenue Expenditure and shall be allowed as Deduction u/s 37(1): ITAT [Read Order]")