Income TaxIT JudgementTransfer Order of Asst. Commissioner & Dy.Comm of Income Tax30 Jun 20190Transfer Order of Asst. Commissioner & Dy.Comm of Income Tax Order No. 142 of 2019 Transfer Order of Asst. Commissioner…
Company LawGSTIncome TaxIT Judgementother topicTDSBusiness Compliance Calendar for the month of July 201930 Jun 20190 Business Compliance Calendar for the month of July 2019 Special Caution: – Annual return of income for the assessment…
Income TaxPayment made for conduct of examination through affiliated centers and TDS U/s 194J30 Jun 20190Payment made for conduct of examination through affiliated centers and TDS U/s 194J Short Overview: In absence of any material…
Income TaxWhether different view on same set of material as available at the time of original assessment can be taken for return filed u/s 153A ?30 Jun 20190Whether different view on same set of material as available at the time of original assessment can be taken for…
Income TaxMere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient to attract protection : Karnataka HC29 Jun 20190Mere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient…
Income TaxAddition under section 68 towards Long-term capital gain on sale of shares deleted by ITAT Delhi29 Jun 20190Addition under section 68 towards Long-term capital gain on sale of shares deleted by ITAT Delhi Income Tax Act, 1961, Section…
Income TaxCBDT expands Terms of Reference for drafting new Direct Tax Law29 Jun 20190CBDT expands Terms of Reference for drafting new Direct Tax Law Notification F.no. 370149/230/2017, dated 24-06-2019 The Central Board of…
GSTTreatment of secondary or post-sales discounts under GST29 Jun 20190Treatment of secondary or post-sales discounts under GST Circular No. 92/11/2019-GST dated 7th March, 2019 was issued providing clarification on…
GSTClarification regarding applicability of GST on additional penal interest29 Jun 20190Clarification regarding applicability of GST on additional / penal interest Various representations have been received from the trade and industry…
IT JudgementLandmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land29 Jun 20190Landmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land Kolkata ITAT in Naiyer…
TDSTDS Return GSTR-9l7 Date Extended to August 31, 201929 Jun 20190TDS Return GSTR-9l7 Date Extended to August 31, 2019
IT JudgementBall pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT29 Jun 20190Ball pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT Aishika Pharma (P.)…
Income TaxAdhoc disallowance of expenses without finding any specific defects in books of account not justified29 Jun 20190Adhoc disallowance of expenses without finding any specific defects in books of account not justified M/s Vijay Infrastructure Limited Vs…
DTAADTAA between India and Qatar28 Jun 20190DTAA between India and Qatar QATAR Agreement for avoidance of double taxation and prevention of fiscal evasion with Qatar Whereas…
IT JudgementDisallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income28 Jun 20190Disallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income Karnataka High…
Income TaxMaking a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of income.28 Jun 20190Making a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of…
GSTProposed change in CGST Rules as per draft notification28 Jun 20190Proposed change in CGST Rules as per draft notification Proposed change in CGST Rules as per draft notification “87(13) A…
Income TaxIs it worthwhile to reintroduce Estate Duty or Inheritance Tax?28 Jun 20190Is it worthwhile to reintroduce Estate Duty or Inheritance Tax? However, is it worthwhile? 13 countries in the last 20…