IS IT COMPULSORY TO QUOTE DOCUMENT IDENTIFICATION NUMBER?
QUOTE DOCUMENT IDENTIFICATION NUMBER Query 1] Sir, Kindly clarify the following points in the Tax Column of “The Hitavada” Is…
Month: February 2018
today’s tax quote
“CERTAINTY IN THIS WORLD NOTHING IS CERTAIN BUT DEATH AND TAXES.” [button color=”” size=”” type=”outlined” target=”” link=””]Click here to…
Rashtriya Chemicals & Fertilizers Limited vs. CIT (ITAT Mumbai)
section 115JB, 263, 40(a)(i) (a) It is undisputed fact that the said item of expenditure viz. taxes borne by the assessee on deemed…
Reassessment-Notice u/s 148 -Escapement of income on account of sale of immovable property
Reassessment-Notice u/s 148 Vijay Harishchandra Patel v. ITO Decision: In assessee’s favour. Reassessment–Notice under section 148–Reason to believe–Escapement of income on…
CBDT notifies centralised communication scheme 2018 – issue of e-notice
centralised communication scheme 2018 CBDT notifies centralised communication scheme 2018 – issue of e-notice [button color=”” size=”” type=”outlined” target=”” link=”https://drive.google.com/file/d/1xi8WHMAarHNciErM2AUtQbed3Wzt6GM1/view?usp=sharing”]click…
Whether taxpayer should sale the shares before 31.03.2018 to avoid LTCG Tax?
to avoid LTCG Tax “Where there is an income tax, the just man will pay more and the unjust less…
Cash Payment not disallowable u/s 40A(3) if Genuineness proved: ITAT
judgement on section 40A(3) The following judgment perfectly elaborates the fact that section 40A(3) was introduced as anti tax measure.…
house rent: salaried tax payer preferred over self employed
house rent Query 1] I am paying a house rent for Rs 14,000/- per month and additional Rs. 1,200/- towards…
Exemption for more than one house available if purchased prior to 1-4-2015
Ravi Shankar v. Asstt. CIT Decision: In assessee’s favour. Capital gains–Deduction under section 54–Prior to amendment as on 1-4-2015–Limit on…
ICAI issues Notices to PNB Auditor
Notices to PNB Auditor Chartered accountants’ apex body ICAI today said it has issued show-cause notices to the auditors of…
Applicability of GST on Import Clearances other than Port of Importation
GST on Import Clearances Applicability of GST on Import Clearances other than Port of Importation Goods are imported in India…
Types of Supply under GST
Types of Supply under GST Miscellaneous Supplies under GST Regime except Section 7 of CGST Act Inward Supply Outward Supply…
What Government should do to control Bank Defaulters:
Bank Defaulters What Government should do to control Bank Defaulters About Author Name: CA Naresh Jakhotia – The Author is…
Few Financial Tips For Everyone
Financial Tips Few Financial Tips For Everyone Avoid buying property on loans as it eats most of your earnings unless…
Income totally exempt from Tax
income tax exemption Income totally exempt from Tax India follows progressive system of taxation- More earning results in more tax…
PNB Fraud: How It Happens?
pnb -How It Happens? Sharing this for your benefit. Excellent to Read. What actually happened in PNB scam? Let’s start…
CBDT issues Circular explaining Provisions of the Finance Act 2017 applicable FY 2017-18 AY 2018-19 onwards
CBDT Circular CBDT Circular –CBDT issues Circular explaining Provisions of the Finance Act 2017 applicable FY 2017-18 AY 2018-19 onwards…
Summary of LLP i.e. Limited Liability Partnership:-
Limited Liability Partnership Summary of LLP i.e. Limited Liability Partnership:- 1. LLP is a body corporate and it’s a legal…
