By depositing Rs. 2, 00,000/- in NPS, whether entire amount can be claimed as deduction under Chapter VI-A
By depositing Rs. 2, 00,000/- in NPS, whether entire amount can be claimed as deduction under Chapter VI-A QUERY: I…
Month: July 2019
Merely for the reason that parties did not appear before AO or the assessee could not produce parties in person before AO, the whole set of documents produced to prove genuineness of transactions, could not be disregarded.
Merely for the reason that parties did not appear before AO or the assessee could not produce parties in person…
Income Tax Department clarifies on the suicide note by CCD Founder V.G.Siddhartha blaming attachment by income tax official for harrassmmet
Income Tax Department clarifies on the suicide note by CCD Founder V.G.Siddhartha blaming attachment by income tax official for harrassmmet…
Trial run of Offline Tool of New Return of GST, for familiarisation & feedback by the taxpayers
Trial run of Offline Tool of New Return of GST, for familiarisation & feedback by the taxpayers Subject: Trial run…
Addition under section 68 for cash deposit in bank account out of opening balance
Addition under section 68 for cash deposit in bank account out of opening balance Short Overview : As assessee had duly…
Welcome Judgement by Supreme Court : ITC to be given to the purchaser even if tax is not deposited by seller
Welcome Judgement by Supreme Court : ITC to be given to the purchaser even if tax is not deposited by…
Attachment of shares by income tax Department – Reason behind suicide of Owner of CCD chain
Attachment of shares by income tax Department – Reason behind suicide of Owner of CCD chain
Flat booking with builder is to be treated as ‘Construction’ for claiming deduction benefit under section 54.
Flat booking with builder is to be treated as ‘Construction’ for claiming deduction benefit under section 54. ITA No. 5899/DEL/2015),…
PCIT vs. Paramshakti Distributors Pvt. Ltd (Bombay High Court)
PCIT vs. Paramshakti Distributors Pvt. Ltd (Bombay High Court) IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL…
Failure to deposit installment within prescribed time in Income Declaration Scheme, 2016 & Condonation of delay on account of personal reason
Failure to deposit installment within prescribed time in Income Declaration Scheme, 2016 & Condonation of delay on account of personal…
Business deduction under section 36(1)(ii) towards Bonus or commission if recipient director having held shares for some period during the year
Business deduction under section 36(1)(ii) towards Bonus or commission if recipient director having held shares for some period during the…
Sec. 80-IB deduction couldn’t be allowed subsequently if same wasn’t claimed in ITR filed by assessee
Sec. 80-IB deduction couldn’t be allowed subsequently if same wasn’t claimed in ITR filed by assessee INCOME TAX : Where…
Deduction under section 80-IA on Value of electricity provided to sister concerns, which was generated in assessee’s own captive plant
Deduction under section 80-IA on Value of electricity provided to sister concerns, which was generated in assessee’s own captive plant…
Applicability of Tax deduction at source under section 195 on Payment made to foreign parties towards supply of equipments if title in goods passed outside India
Applicability of Tax deduction at source under section 195 on Payment made to foreign parties towards supply of equipments if…
Gold at all time High- Know its taxation
Gold at all time High- Know its taxation Where gold speaks every tongue is silent- Proverb Gold prices are at…
Last year, my turnover was Rs. 1.15 Crore & was covered by presumptive taxation. Whether TDS provision applicable for this year?
Last year, my turnover was Rs. 1.15 Crore & was covered by presumptive taxation. Whether TDS provision applicable for this…
Business deduction under section 36(1)(va)–Employee’s contribution to Provident fund
Business deduction under section 36(1)(va)–Employee’s contribution to Provident fund CASE LAW DETAILS CASE NAME: High Volt Electricals (P.) Ltd. Vs…
Employee’s contribution to Provident fund & applicability of amended Section 43B on employees contribution
Employee’s contribution to Provident fund & applicability of amended Section 43B on employees contribution High Volt Electricals (P.) Ltd. v.…
