Income TaxIS IT COMPULSORY TO QUOTE DOCUMENT IDENTIFICATION NUMBER?28 Feb 20180QUOTE DOCUMENT IDENTIFICATION NUMBER Query 1] Sir, Kindly clarify the following points in the Tax Column of “The Hitavada” Is…
Income TaxMiscellaneousother topictoday’s tax quote28 Feb 20180“CERTAINTY IN THIS WORLD NOTHING IS CERTAIN BUT DEATH AND TAXES.” [button color=”” size=”” type=”outlined” target=”” link=””]Click here to…
Income TaxIT JudgementRashtriya Chemicals & Fertilizers Limited vs. CIT (ITAT Mumbai)27 Feb 20180section 115JB, 263, 40(a)(i) (a) It is undisputed fact that the said item of expenditure viz. taxes borne by the assessee on deemed…
Income TaxReassessment-Notice u/s 148 -Escapement of income on account of sale of immovable property26 Feb 20180Reassessment-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…
Income TaxCBDT notifies centralised communication scheme 2018 – issue of e-notice26 Feb 20180centralised 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…
Income TaxWhether taxpayer should sale the shares before 31.03.2018 to avoid LTCG Tax?26 Feb 20180to avoid LTCG Tax “Where there is an income tax, the just man will pay more and the unjust less…
Income TaxIT JudgementCash Payment not disallowable u/s 40A(3) if Genuineness proved: ITAT24 Feb 20180judgement on section 40A(3) The following judgment perfectly elaborates the fact that section 40A(3) was introduced as anti tax measure.…
Income Taxhouse rent: salaried tax payer preferred over self employed24 Feb 20180house rent Query 1] I am paying a house rent for Rs 14,000/- per month and additional Rs. 1,200/- towards…
Income TaxExemption for more than one house available if purchased prior to 1-4-201523 Feb 20180 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…
other topicICAI issues Notices to PNB Auditor23 Feb 20180Notices to PNB Auditor Chartered accountants’ apex body ICAI today said it has issued show-cause notices to the auditors of…
GSTApplicability of GST on Import Clearances other than Port of Importation22 Feb 20180GST on Import Clearances Applicability of GST on Import Clearances other than Port of Importation Goods are imported in India…
GSTGst ArticlePlace of supplyTime of SupplyTypes of Supply under GST21 Feb 20180Types of Supply under GST Miscellaneous Supplies under GST Regime except Section 7 of CGST Act Inward Supply Outward Supply…
other topicWhat Government should do to control Bank Defaulters:21 Feb 20180Bank Defaulters What Government should do to control Bank Defaulters About Author Name: CA Naresh Jakhotia – The Author is…
other topicFew Financial Tips For Everyone21 Feb 20180Financial Tips Few Financial Tips For Everyone Avoid buying property on loans as it eats most of your earnings unless…
ArticleIncome TaxIncome totally exempt from Tax20 Feb 20180income tax exemption Income totally exempt from Tax India follows progressive system of taxation- More earning results in more tax…
Income TaxPNB Fraud: How It Happens?20 Feb 20180pnb -How It Happens? Sharing this for your benefit. Excellent to Read. What actually happened in PNB scam? Let’s start…
ArticleCircularIncome TaxLatest UpdateCBDT issues Circular explaining Provisions of the Finance Act 2017 applicable FY 2017-18 AY 2018-19 onwards20 Feb 20180CBDT Circular CBDT Circular –CBDT issues Circular explaining Provisions of the Finance Act 2017 applicable FY 2017-18 AY 2018-19 onwards…
Income TaxSummary of LLP i.e. Limited Liability Partnership:-20 Feb 20180Limited Liability Partnership Summary of LLP i.e. Limited Liability Partnership:- 1. LLP is a body corporate and it’s a legal…