TAX
Revaluation of Capital Asset Made Liable to Capital Gains Tax
The Commissioner of Income Tax V/s M/s Mansukh Dyeing and Printing Mills (Partnership Firm) [Civil Appeal No. 8258 & 8259 of 2022]
December 12, 2022
The Commissioner of Income Tax V/s M/s Mansukh Dyeing and Printing Mills (Partnership Firm) [Civil Appeal No. 8258 & 8259 of 2022]
The CBDT has, vide Circular No 18 of 2022, dated 13 September 2022, aimed to remove difficulties on implementation of TDS on benefits or perquisites under Section 194R of the Income Tax Act
Faceless Appeal Scheme 2021 introduced In order to fix the hiccups and incorporate the changes requested by taxpayers.
This article expounds a recent decision regarding tax liability on the purchase of computer software from a non-resident distributor/ manufacturer.