An interesting decision (observation) in respect of Provisions of section 201 in respect of TDS on payments to Non-Residents-
Existing liability may include Self Assessment Tax (SAT) – A justification for adjustment of cash seized against SAT
Pune ITAT on Explanation 2 to Section 132B of the Income Tax Act, 1961 inserted by the Finance Act, 2013 w.e.f. 01.06.20103 is ‘prospective’ or restrospective?
Whether cash seized by income tax department can be adjusted as self assessment tax or can be treated as advance tax?
Payment made to legal heir of deceased partner for services rendered by him during his tenure in the firm is an allowable expenditure
The High Court of Kerela has held that human error which can be detected by the naked eyes cannot be capitalised for penalisation.
Difference between ‘storage or warehousing’ service and ‘renting of storage premises’ service explained- (AAR Gujarat)
Interesting case: Introduction of stock-in-trade as capital contribution in to firm also attracts s. 45(3)