Guidelines for taxation of partnership firms on its reconstitution in respect of the provisions of section 9B and section 45(4): A Short overview
Interest issue: Validity of detention if two e-way bills for transportation wherein on e-way bill expired
No deduction towards PMS fees as it was not permissible in the computation mechanism provided in section 48
Computation of Sales, turnover, gross receipts for the purpose of Section 194Q of the Income Tax Act – 1961
CBDT issued guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961
Registration can’t be denied if carrying out operations outside India were ancillary to main object of trust: ITAT
Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.