Bad Debts Written Off: If an item falls under Sections 30 to 36, but is excluded by an Explanation to Section 36 (1) (vii) then Section 37 cannot come in play
Now ROC to carry out Physical verification of the Registered Office of the Company: Display the company information in the Board
Reassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6 Years
Section 40(a)(ia) not only covers cases where amount is yet to be paid but also those cases where amount has actually been paid.
HC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist and Turn ahead
Ease of doing business: Foreign Exchange Management (Overseas Investment) Rules, 2022 – Revised regulatory framework for overseas investment provides for simplification of the existing framework for overseas investment
Rule 40G & Form No. 29D: Application before AO for refund of TDS paid (Grossed up) where it was not deductible u/s 195 (other than Interest)
Before issuing Notice U/s 148 – CBDT Caution instructions after Rs. 50 Lakh fine order by Allahabad High Court