Income Taxother topicCo. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT4 years agoCo. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT …
Income TaxWhere the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such third party would not be justified: ITAT4 years agoWhere the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such…
Income TaxDisallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur4 years agoDisallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,’A’…
Income TaxIT JudgementSection 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty is not applicable.4 years agoSection 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty…
Head Of IncomeIncome TaxList of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards)4 years agoList of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards) WhatsApp Image 2023-02-27 at 23.18.39
IT JudgementSeconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT4 years agoSeconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT M/s. Google LLC (IT(IT)A No. 167 & 688/Bang/2021/22) Facts:…
Income TaxIT JudgementIf one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.4 years agoIf one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.…
Capital GainIncome TaxIncome taxRs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview4 years agoRs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview “I propose…
IT JudgementNo additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT4 years agoNo additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT ITAT Chandigarh has…
Income TaxWhether provision for warranty can be allowed as an expense under Income Tax Act?4 years agoWhether provision for warranty can be allowed as an expense under Income Tax Act? A warranty is written guarantee, issued…
Income TaxNon completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes paid4 years agoNon completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes…
Income Taxother topicAnnexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate4 years agoAnnexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate …
Income TaxPrima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur4 years agoPrima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur IN THE INCOME TAX…
Income TaxPurchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT4 years agoPurchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT …
Income TaxEnhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-20234 years agoEnhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-2023 243777_compressed
Income TaxCo-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT4 years agoCo-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT Shivani Madan…
Income TaxIncome taxCharitable Trust & Budget-2023 proposal to amend the time limit to file Form 9A and 10:4 years agoCharitable Trust & Budget-2023 proposal to amend the time limit to file Form 9A and 10: It is proposed…
GSTIncome TaxIncome taxAn overview of the Karnataka Budget for FY 2023-244 years agoAn overview of the Karnataka Budget for FY 2023-24 Tax Proposals Simplification of Profession Tax Act. Increase in exemption limit…