CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions
CBDT condones of Delay in the filing of Form 10BB by Trusts and institutions Under the provisions of section 10(23C)…
IT Judgement
If amenities charges in respect of leased building is forming an integral part of the building, it would be taxable as ‘Income from house property’
If amenities charges in respect of leased building is forming an integral part of the building, it would be taxable…
Eligibility of deduction under section 36(1)(ii) towards bonus or commission to directors
Eligibility of deduction under section 36(1)(ii) towards bonus or commission to directors Short Overview Where directors of assessee-company were entitled to…
If no addition is made on subject-matter for issue of reassessment notice under section 148, no addition could be sustained on other counts
If no addition is made on subject-matter for issue of reassessment notice under section 148, no addition could be sustained…
If certain investments have not earned exempt income, no disallowance of expenditure having nexus with such investments can be done
If certain investments have not earned exempt income, no disallowance of expenditure having nexus with such investments can be done…
Cancellation of the registration of charitable trust since inception & interesting observation by Delhi ITAT
Cancellation of the registration of charitable trust since inception & interesting observation by Delhi ITAT Charitable trusts are on the…
Capital gain is to be offered on mercantile basis in year in which possession is given
Capital gain is to be offered on mercantile basis in year in which possession is given Short Ovewview Where assessee…
Holding for 13 years: Whether Land can be considered as Investment and not stock?
Holding for 13 years: Whether Land can be considered as Investment and not stock? Short Overview The period of holding…
Rate of Tax & Classification of goods: PVC tufted Coir Mats and Matting
Rate of Tax & Classification of goods: PVC tufted Coir Mats and Matting 2019 TaxPub(GST) 0256 (AAR-Ker) : (2019) 090…
Applicability of section 40A(2)(b) in case of estimation of income without doubting expenses incurred by assessee
Applicability of section 40A(2)(b) in case of estimation of income without doubting expenses incurred by assessee Short Overview Provisions of…
What if Property let out to certain company for business purpose but no rent shown to be collected?
What if Property let out to certain company for business purpose but no rent shown to be collected? Short Overview…
Validity of addition under section 50C if no reference is done to valuation officer despite being request made by assessee
Validity of addition under section 50C if no reference is done to valuation officer despite being request made by assessee…
Dear Taxpayer, please note that reopening of assessment by income tax officer simply because of information received without application of mind is not valid
Dear Taxpayer, please note that reopening of assessment by income tax officer simply because of information received without application of…
GST: Consumables sent on job work consumed in the process of galvanising should be treated as supply in terms of section 143(3)?
GST: Consumables sent on job work consumed in the process of galvanising should be treated as supply in terms of…
Landmark Judgment :Addition deleted by court as it was made under section 68 and not under section 69:
Landmark Judgment :Addition deleted by court as it was made under section 68 and not under section 69: Dirisala Bala…
Addition under section 69C against Bogus purchases if there is no dispute as regards corresponding sales
Addition under section 69C against Bogus purchases if there is no dispute as regards corresponding sales Short Overview As there…
Dear Taxpayer, if you have deducted tax at source but failed to credit the same to government account within prescribed time then you could not escape from the rigour of prosecution under section 276B.
Dear Taxpayer, if you have deducted tax at source but failed to credit the same to government account within prescribed time…
Validity of Levy of IGST and penalty : E-way bill not generated for movement of goods
Validity of Levy of IGST and penalty : E-way bill not generated for movement of goods IN THE APPELLATE AUTHORITY,…
