Exemption under section 11: Income-tax payment made by assessee was an application of income

Agricultural Income: Even Nursery at Home could result in Agricultural Income

Allowability of Set off of loss in respect of Sham and collusive transactions between the sister concerns

The activity of preparation of development plans and to execute works in connection with supply of water, disposal of sewerage and provisions of other services, is a “charitable activities” eligible for exemption under section 11

Income Tax Return filing by a CA firm @ Rs. 90/-: What more ?

Employee Stock Option Plan (ESOP): Concept & Taxation

CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions

No Penalty for loans acceptance in cash if there exists a reasonable cause

TCS CODE FOR TDS PAYMENT & TDS CODE FOR TCS PAYMENT

If AO has not made any primary, independent enquiry, addition done u/s 68 during reassessment is not valid

No disallowance under section 43B towards electricity duty which is collected as an agent on behalf of the Government

If amenities charges in respect of leased building is forming an integral part of the building, it would be taxable as ‘Income from house property’

Before you begin Tax Audit for FY 2019-20, Know important points in Form No. 3CD

Eligibility of deduction under section 36(1)(ii) towards bonus or commission to directors

If no addition is made on subject-matter for issue of reassessment notice under section 148, no addition could be sustained on other counts

Representation against Discrimination amongst Firms/ Members in MEF Application 2020-21

Income Tax Raid: Growing tendency to inform the media, even before the completion of investigation is a crude attempts to claim credit for imaginary investigation breakthroughs should be curbed: Supreme Court

Computing Turnover for Trading in Derivatives, Futures and Options & audit provisions thereto