Koshambi Legal and Taxation

25/11/2025

The ruled that goods transported with a valid and authentic cannot be detained or seized. The Court strongly criticised the department for subjecting a registered taxpayer to unnecessary litigation despite full compliance with requirements.

22/08/2025

🚨 BIG TAX RELIEF & UPDATE for MIDDLE-CLASS SALARIED EMPLOYEES 🚨

Two important changes affect perquisites under Section 17(2) of the IT Act:

🔹 Rule 3C – Salary Threshold for Perqs

✅ Earlier: Relief applied only if salary ≤ ₹50,000 p.a. (an archaic limit, almost no one benefited).
✅ Now: Raised to ₹4,00,000 p.a.
✅ Employees with salary ≤ ₹4L can enjoy exemption on perquisites like:
• Rent-free or concessional accommodation
• Motor car facility
• Domestic help (sweeper, watchman, gardener, attendant)
• Gas, electricity, water supplied by employer
• Educational & medical facilities
• Free meals, concessional travel, gifts & vouchers, credit card bills etc.

🔹 Rule 3D – Gross Total Income Ceiling

✅ Applies to proviso (vi) of Section 17(2).
✅ Now, exemption on specified securities / sweat equity shares allotted free or at concessional rate will be available only if GTI ≤ ₹8,00,000.

Note: Earlier, relief was meaningless due to the ₹50k cap. Now, exemptions are real for junior staff, entry-level employees & middle-income taxpayers.

06/08/2023

27/06/2023

बिल्डर से भवन खरीदने वालों के हित में उपभोक्ता फोरम का महत्वपूर्ण आदेश -

28/05/2023

Consumer forum order in our favor and against insurance company Iffco Tokyo
Great Success

Congratulations to our client Nalanda Builders and developers

Advocate Tushar Chaudhary
+91- 7252000602

05/04/2023

According to section 160 of CrPC

01/04/2023

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