Stay of Demand of Income Tax by the Assessing Officer does not require an assessee to make a pre-deposit
Stay of Demand of Income Tax does not require and Pre-deposit of Tax by Assessee as has been held in following case where the Assessing... Read More
stay of demand
Flipkart India Private Limited vs. ACIT : The department cannot demand payment of tax dues but have to grant complete stay if the assessment is “unreasonably high pitched”
Flipkart India Private Limited vs. ACIT (Karnataka High Court) The applicant raised the contentions in support of the petition for stay of demand: The Issue:... Read More
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA