![Transferees Eligible to Claim TDS Credit Even if Certificates are in Name of Amalgamated/Demerged Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Tax-Deducted-at-Source-Section-40aia-of-the-Income-Tax-Act-ITAT-Income-Tax-Appellate-Tribunal-taxscan.jpg "Transferees Eligible to Claim TDS Credit Even if Certificates are in Name of Amalgamated/Demerged Company: ITAT [Read Order]")
Transferees Eligible to Claim TDS Credit Even if Certificates are in Name of Amalgamated/Demerged Company: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the AO to allow Tax Deducted at Source ( TDS ) credit to transferees, even if...
![Payments on Transactional Charges not covered u/s 194J(1)(ba) of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/097164cd-1ac6-4369-a337-9642d092d668.jpg "Payments on Transactional Charges not covered u/s 194J(1)(ba) of Income Tax Act: ITAT deletes Penalty [Read Order]")
TDS has been Duly Deducted on Entire Salary Payments to Expats and Deposited into Govt account: ITAT deletes Addition of Rs. 1.83 crore [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Tax Deducted at Source ( TDS ) has been duly deducted on the entire salary payments to expats and deposited into the...
FY 2023-24 ITR Filing for Salaried Employees: Know How to Download Form 16, Form 16A and Form 27D from TRACES Portal
Filing Income Tax Returns ( ITR ) is a crucial annual exercise that all taxpayers must undertake diligently. As per the Income Tax Act, taxpayers are required to provide various documents to...
Unjust Retention of Money or Property of Another is against Fundamental Principles: Jharkhand HC directs JBVNL to Refund TDS [Read Order]
The Jharkhand High Court has held that any unjust withholding of money or property from another party goes against the fundamental principles of justice, fairness, and good conscience and directed...
Should You File ITR Now or Closer to the July 31 Due Date for FY24? Know the Sweet-Spot Timing for Income Tax Return Filing
Early Filing Statistics By April 29, a significant number of taxpayers had already filed their ITRs for FY 2023-24, with over 5.92 lakh returns submitted. Of these, more than 5.38 lakh were...
Direct Tax Code under works, set to Replace Income Tax Act and Revamp Capital Gains, TDS Provisions
Official sources have indicated that if re-elected, the Narendra Modi government plans to prioritize the implementation of the long-pending Direct Taxes Code ( DTC ). Discussions are already underway...
