Bank Audit Special : Bank relaxed from urgent Audit requirements – Finance Ministry withdrawn earlier stipulations
Interesting Case : Allowability of Depreciation if Assessee’s business was not going on because of illegal strike by workers
Validity of Penalty under section 271(1)(c) towards Concealment or furnishing of inaccurate particulars of dditional income declared in revised return filed after service of section 143(2) notice
Sum received from display of advertisement on assessee’s undergoing real estate project is a business income or house property income?
Capital gains exempt under section 54EC need not be reckoned for purpose of computing book profit u/s 115JB
Validity of Detention of goods along with conveyance if E-way Bill do not indicate correct number of vehicle that was carrying the goods
March Ending Compliances :- Change of Financial Year From 31st March to 30th April 2020 or 31st December 2020 OR Simple Date Extension by 2 Month
Income Tax Officers Association appealed for extending the financial year closure date from 31st March 2020 to 30th April 2020