Advisory for taxpayers for uploading multiple invoices/ credit/ debit notes as supporting documents with refund application (RFD-01)
Power of CIT(A) in respect of Fee under section 234E charged and cancelled holding TDS return as non-est
Since Assessee has not tendered cogent evidence to explain as to how the shares in an unknown company had jumped to an higher amount in no time – It needs to be treated as Bogus LTCG
Where Assessee is continuously in the business of exploration and production of oil, expenditure incurred by it on abandoned project is in normal course of its business and such expenditure is allowable as revenue expenditure
Providing hostel and transport facility to students was incidental to achieve object of providing education & so is not in the nature of business
Another Bonanza in the PipeLine : Bank Loan for Paying dues under Sabka Vishwas – Legal Disputes Resolution Scheme ?
Disallowance of Interest Expenses on the ground that the borrowed funds were used for acquiring Shares of group Companies.
Whether any payment made for the purpose of Know-how acquired in process of manufacturing is a Revenue Expenditure or not ?
Director Identification Number (DIN) : A Mandatory requirement for all the directors as per Companies Act,2013.
In order to reduce the profit Purchases were made at the higher rate and Sales were at the lower rates
CHARTERED ACCOUNTANTS and Advocates are just facilitators for Tax compliance and cannot be liable for prosecution without any corroborative evidence
Property used by the Assessee for the purpose of its business cannot be considered to be a vacant property as per section 23
