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	Cat_id	id	Subject	Body	Date	AuthorName	BlogImage	SEOImage	BodyText	Keywords	Description	cnt	cat	VisitorCount	Pagename
Penalty for non - disclosure of foreign assets in Income Tax Return KPB Mumbai Tribunal in the case of Ms. Shobha Thawani  has upheld penalty of Rs. 10 lakhs per assessment year (Rs. 30 lakhs) levied under the Black Money Act, 2015 for non-disclosure of foreign financial ........ View More 21/11/2023 | 0 comments | Visitor's Count: 44
TCS ON FOREIGN REMITTANCES UNDER LRS TO INCREASE FROM 1ST OCTOBER, 2023 KPB Background Tax Collection at Source (‘TCS’) is the tax collected by the receiver of payment from the payer on undertaking certain transactions specifically sale of certain goods and provision of cert ........ View More 26/09/2023 | 0 comments | Visitor's Count: 60
Mumbai Trib.: LTCG arising from sale of unlisted shares of Indian company taxable in the hands of a ........ KPB Legatum Ventures Limited v/s. ACIT, International Taxation ITA No. 1627/Mum/2022 A.Y.: 2018 - 19 Facts of the Case The assessee, a foreign company, declared a total income of Rs. NIL in its re ........ View More 26/09/2023 | 0 comments | Visitor's Count: 31
IMPACT OF INCOME APPLICATION RESTRICTIONS ON CORPUS DONATIONS BETWEEN TRUSTS OR INSTITUTIONS KPB Introduction With effect from April 1, 2023, significant amendments to the Income-tax Act, 1961, have been introduced, specifically affecting donations made by charitable or religious trusts to other ........ View More 26/09/2023 | 0 comments | Visitor's Count: 31
TAXING DONATIONS MADE BY ONE CHARITABLE OR RELIGIOUS INSTITUTION TO ANOTHER KPB Background In the world of philanthropy, well-known charitable or religious institutions often receive the most donations. This is because they have a wider reach and are more recognized in philanthr ........ View More 26/09/2023 | 0 comments | Visitor's Count: 42