Newly incorporated Company to automatically get enrollment certificate and registration certificate under the Maharashtra Professional Tax Act, 1975
PSU employee can not be treated as “Government Employee” for the purpose of taxation of Leave Encashment Under Section 10(10AA)(i)
No incriminating material found during the course of search : Addition not sustainable as it is outside the scope of section 153A.
Arrest of a CA in Jodhpur: Who Next? -Time for Tax Consultants to review &revisit their routine activities
Alleged bogus LTCG of penny stock : Probability of preponderance without any direct evidence to prove the transactions as non-genuine or sham or demonstrating appellant’s involvement in any kind of manipulation is illegal and cannot sustain.
GST: Electricity charges paid by applicant to electricity supply authority for power consumed towards common facilities and separately recovered from members is liable to GST as consideration received for supply of maintenance services to members
If the assessee uses motor lorries partly for own use and for hire charges he is not entitled to claim excess depreciation @ 30% as per the provisions of Sec. 32 of the Income Tax Act
If the undertaking is held for more than three years, it constitutes a “long-term capital asset” even if it consists of the some depreciable assets
Interesting Issue in GST : Admissibility of Input tax credit on Motor vehicle used for demonstration purpose
Capital Gain Exemption first, Loss adjustmentthereafter: Jaipur ITAT allowed capital gain exemption u/s 54F before set off of loss of other assets.
Music formed the raw material for assessee engaged in manufacturing and sale of music cassettes, compact discs (CDs) etc.
No GST payable on the mobilization advance which has been received prior to implementation of GST for providing works contract service
Rule 11 of ITAT Rules, 1963 empowers the appellant to urge any ground not set forth in the memorandum of appeal & it also empowers Tribunal
GST : GST on Printing services provided on the direction of foreign entity to recipient located in India
GST: Eligibility and conditions for taking input tax credit in case of Zer o Rated supply & Refund of IGST paid on Export of goods
