Supreme Court recalled the suo-moto limitation period order for filing of cases in view of the COVID second wave
Provisions of section 40(a)(ia) are attracted only if expenses are claimed in profit and loss account and not when the same are capitalized
Taxation of Income Surrendered in survey & relevant Head of income applicable to such surrendered income
If the company satisfies the condition, the claim for deduction of CSR expenses u/s 80G of the Act is to be allowed
CBIC directed officers to take stock of the pending investigation cases & other cases which warrant issuance of show cause notices