SAVE ENVIRONMENT SAVE TAX!! ALL ABOUT SECTION 80EEB

If depreciation is allowed on any assets in earlier year then AO cannot reject the claim of the assessee in the subsequent year on the WDV carried forward from the earlier assessment year.

Right to use granted through licensing of a software is not “Royalty” for taxation u/s 9(1)(vi)

Whether Payment towards outsourcing services attracts TDS ?

Business Compliance Calendar for the month of November- 2019

Tax Trouble : Section 12A registration cancelled for 6 Trusts of Tata’s by Principal CIT

Extention for filing Annual Accounts under Bombay Public Trust Act

legal and binding responsibility lies upon Tribunal to decide appeal on merits, irrespective of appearance of assessee or his counsel before it or not

Clarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

Representation for further Extension of T ax Audit Report & ITR filing Date to 15.11.2019

ROC : Extension of last date of filing of MGT – 7 & AOC – 4

Capital gain exemption admissible even if the construction is done on land owned by Mother.

Late fee is not in the guise of a tax nor is it onerous. Late filing of TDS returns by the deductor causesinconvenience to everyone and s. 234E levies a fee to regularize the said latefiling: Bombay HC

Now, Assessee can add CA, ITP & Advocate as Authorized Representative in all e-Proceeding

Landmark Judgment: Chartered Accountant in whose favour POA is granted by the company is to be considered as Agent of accompany and service of notice to him is due service of Notice: Supreme Court

Depreciation Chart under the Income Tax Act -191 from AY 2003-04 to 2019-20 ( & Onwards )

Interesting Judgment : Reassessment not valid if done without disposal of assessee’s objections to reasons for reopening

Failure to deposit tax deducted in Government account – Assessee cannot escape from Prosecution