Income TaxExtention for filing Annual Accounts under Bombay Public Trust Act30 Oct 20190Extention for filing Annual Accounts under Bombay Public Trust Act Extention for Trust accounts
IT Judgementlegal and binding responsibility lies upon Tribunal to decide appeal on merits, irrespective of appearance of assessee or his counsel before it or not30 Oct 20190legal and binding responsibility lies upon Tribunal to decide appeal on merits, irrespective of appearance of assessee or his counsel…
Income TaxClarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 201930 Oct 20190Clarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 Circular Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (1)
Income TaxRepresentation for further Extension of T ax Audit Report & ITR filing Date to 15.11.201930 Oct 20190Representation for further Extension of T ax Audit Report & ITR filing Date to 15.11.2019 Re-Representation TAR Extn. 15.11.2019
Income TaxROC : Extension of last date of filing of MGT – 7 & AOC – 430 Oct 20190ROC : Extension of last date of filing of MGT – 7 & AOC – 4
Income TaxCapital gain exemption admissible even if the construction is done on land owned by Mother.30 Oct 20190Capital gain exemption admissible even if the construction is done on land owned by Mother. An interesting judgment is delivered…
TDSLate fee is not in the guise of a tax nor is it onerous. Late filing of TDS returns by the deductor causesinconvenience to everyone and s. 234E levies a fee to regularize the said latefiling: Bombay HC29 Oct 20190Late fee is not in the guise of a tax nor is it onerous. Late filing of TDS returns by…
Income TaxNow, Assessee can add CA, ITP & Advocate as Authorized Representative in all e-Proceeding29 Oct 20190Now, Assessee can add CA, ITP & Advocate as Authorized Representative in all e-Proceeding Another feature has been added at www.incometaxindiaefiling.gov.in…
IT JudgementLandmark Judgment: Chartered Accountant in whose favour POA is granted by the company is to be considered as Agent of accompany and service of notice to him is due service of Notice: Supreme Court29 Oct 20190Landmark Judgment: Chartered Accountant in whose favour POA is granted by the company is to be considered as Agent of…
Income TaxDepreciation Chart under the Income Tax Act -191 from AY 2003-04 to 2019-20 ( & Onwards )29 Oct 20190Depreciation Chart under the Income Tax Act -191 from AY 2003-04 to 2019-20 ( & Onwards ) Block of…
IT JudgementInteresting Judgment : Reassessment not valid if done without disposal of assessee’s objections to reasons for reopening29 Oct 20190Interesting Judgment : Reassessment not valid if done without disposal of assessee’s objections to reasons for reopening short overview : Not…
IT JudgementFailure to deposit tax deducted in Government account – Assessee cannot escape from Prosecution29 Oct 20190Failure to deposit tax deducted in Government account – Assessee cannot escape from Prosecution short overview : Since the material placed…
Income TaxExemption under section 54F is available even if the amount is not deposited in capital gains tax account scheme29 Oct 20190Exemption under section 54F is available even if the amount is not deposited in capital gains tax account scheme An…
TDSTDS Return Late fee (or GST Late fee) is an allowable expenditure29 Oct 20191 CommentTDS Return Late fee (or GST Late fee) is an allowable expenditure Before the question of allowability or disallowability…
Income TaxNo prosecution proceedings if tax was deposited belatedly after coercive steps taken by dept.: HC29 Oct 20190No prosecution proceedings if tax was deposited belatedly after coercive steps taken by dept.: HC Vyalikaval House Building Co operative…
Income TaxCompensation received by builder for extinction of its right to sue was non-taxable capital receipt: Mumbai ITAT29 Oct 20190Compensation received by builder for extinction of its right to sue was non-taxable capital receipt: Mumbai ITAT Chheda Housing Development…
IT JudgementLate Fee u/s 234E of the Income Tax Act is nothing but a privilege or special service allowed to a deductor for late filing of the TDS statements26 Oct 20190Late Fee u/s 234E of the Income Tax Act is nothing but a privilege or special service allowed to a…
Income TaxHospital providing health care services – Whether ITC onequipment can be claimed?26 Oct 20190Hospital providing health care services – Whether ITC onequipment can be claimed? M/S. Royal Care Speciality Hospital Ltd. (GST AAR…