REIMBURSEMENT OF EXPENSE FOR CONDUCTING EXAMS – WHETHER LIABLE TO TDS?

ITC not available on cranes given on hire from H.O. to branch where payments are netted off against receivables

Income tax return cannot be treated as defective for belated reciept of ITR- V for carry for of losses

Principle of valuing inventory at lower of cost or market price is applicable only if the business is continuing.

Whether section 44AD can be applied for few trucks and regular provision for other trucks?

Whether dis allowance u/s 40A, 43B etc permissible in case of taxpayer opting for presumptive scheme of taxation?

Whether scrip-wise computation of Long Term Capital Gains (LTCG) from sale of Shares/Mutual Funds is required to be filled in ITR?

Whether date of filing revised return is relevant for carry forward of loss benefit?

CBDT issues clarifications on return of income for AY 19-20

Revised Monetary Limits for filing of IT Appeals by the Income Tax Department

All about TDS on cash withdrawals

Can unabsorbed depreciation be c/f in case the ROI filed after due date?

Settlement Commissioner is free to grant further time for payment

Common meeting point of flat makes it a single unit

Commision paid to doctors for referring patients for diagnosis is not allowable as a business expenditure.

ITC can be availed on full GST charged on undiscounted supply invoice of goods or services issued by supplier

If the assessee fails to satisfy any one of the conditions of s. 271AAA(2), the assessee cannot escape the penalty u/s 271AAA(1) of the Act.

DTAA between India and Philippines