Once income had been treated as unexplained cash credit under section 68, it could not be treated as business income and, therefore, deduction under section 80P(2) could not be allowed
Whether Payment made by Assessee Hospital for catering services is a technical service liable for TDS U/s 194J ?
Composite supply or mixed supply if Contract is for supply, Installation, testing & commissioning Air-Conditioners ?
Landmark Judgement : Assessee could not be held liable for levy of late filing charges under section 234E for the period prior to June, 2015 in the absence of amendment to section 200A
Whether recent date extension is applicable to Non audit cases of Companies, Trust and Societies or not?
Important Issue : Taxation on Reconstitution of partnership firm and division of assets between retiring and continuing partners through family arrangement.
Higher stock shown to get higher cash credit limit from bank – Whether Addition for levy income Tax is sustainable ?
Finally, RTCA has filed writ petition before Honourable Rajasthan High Court today for Tax Audit Tax Report Date Extension !!
Income from letting out shopping malls along with other facilities was chargeable to tax as business income
Validity of search conducted by AO couldn’t be challenged for first time during appeal after 3 years of search
Eligibility of Capital gains deuction if Assessee failed to deposit unutilized amount of capital gains in capital gains scheme account by date of filing of return of income