ICAI on Members using CA designation in the Social Media: Advisory for members while expressing views on professional/non-professional matters publicly
SC landmark Order on exemption u/s 10(23C): Whether institution has to exist solely for the purpose of education?
Denial of Registration to Charitable trust without reference to the clarifications of the appellant in the order for rejection of exemption: Order to be set aside -ITAT
Supreme Court Landmark Order on the interpretation of the interpretation of the General Public Utility
No reference made to the clarifications of the appellant in the order for rejection of exemption, order to be set aside: ITAT
Denial of permanent registration to the trust on the reason that “no credible evidence is furnished” and way forward
CIT(E) can’t cancel trust registration stating that ITR is incorrect & incomplete if AO is yet to complete assessment: ITAT
Deduction towards PF/ESIC no available if the employee share is not deposited before the due date under the relevant Act: Supreme Court
Salary income could be deemed to accrue or arise in India only if services is rendered in India.: ITAT Chennai
Section 68: Once the Assessee submits evidence in support of the credit and makes out a prima facie case, then the ‘onus of proof’ shifts to the AO
ITAT has laid down principles for applicability of section 68 of Income Tax Act in cases like Share Premium received etc