Income TaxKnow how your leave incashment is taxed by Balwant Jain4 years agoKnow how your leave incashment is taxed by Balwant Jain Author Balwant Jain Generally,all employees areeligible to avail certain number…
Income TaxNo addition can be done against the fictitious entry in the books of accounts4 years agoNo addition can be done against the fictitious entry in the books of accounts There was an interesting…
Income TaxCOMPILATION OF ARTICLES ON SOME MOST IMPORTANT CONCEPTS OF INSURANCE4 years agoCOMPILATION OF ARTICLES ON SOME MOST IMPORTANT CONCEPTS OF INSURANCE Author CS Deepak P. Singh As you…
Income TaxITAT has to consider the additional evidence application under Rule 29 before proceeding ahead with the final hearing.4 years agoITAT has to consider the additional evidence application under Rule 29 before proceeding ahead with the final hearing. The Rule…
Income TaxPAN, address, e-mail ID of company members cannot be inspected: MCA4 years agoPAN, address, e-mail ID of company members cannot be inspected: MCA . MCA amends the Companies (Management and Administration) Rules,…
Income TaxSOME IMPORTANT JUDGEMENTS ON INCOME TAX, GST, & IBC OTHER CORPORATE LAWS BY CS DEEPAK SINGH4 years agoSOME IMPORTANT JUDGEMENTS ON INCOME TAX, GST, & IBC OTHER CORPORATE LAWS BY CS DEEPAK SINGH CASE-1 Applicant’s…
Income TaxAdmissibility of writ petition against reassessment order u/s 148: Supreme Court observed the High Court order rejecting writ under Article 226 as cryptic, nonspeaking and non-reasoned – Restored the matter back to HC4 years agoAdmissibility of writ petition against reassessment order u/s 148: Supreme Court observed the High Court order rejecting writ under Article…
Income TaxBonus paid to Directors of the Company who were the only shareholders is disallowable u/s 36(1)(ii) as it was nothing but in lieu of dividend: Delhi High Court4 years agoBonus paid to Directors of the Company who were the only shareholders is disallowable u/s 36(1)(ii) as it was nothing…
Income TaxForeign exchange fluctuation loss incurred for the purpose of borrowing in the business of financing and leasing is a revenue expenditure allowable u/s 37: WIPRO Finance Limited Vs CIT4 years agoForeign exchange fluctuation loss incurred for the purpose of borrowing in the business of financing and leasing is a revenue…
Income TaxFailure of AO to issue scrutiny notice in time couldn’t be cured by resorting to sec. 292BB: HC4 years agoFailure of AO to issue scrutiny notice in time couldn’t be cured by resorting to sec. 292BB: HC PCIT v.…
Income TaxAbsence of notice u/s 143(2) cannot be cured by application of Sec 292BB of IT Act: Delhi HC4 years agoAbsence of notice u/s 143(2) cannot be cured by application of Sec 292BB of IT Act: Delhi HC Here is…
Income TaxNo to Cash Transactions- The Income Tax Way4 years agoNo to Cash Transactions- The Income Tax Way “Cash is King” has been the world known phrase for…
Income TaxSOME IMPORTANT JUDGEMENTS ON INSURANCE4 years agoSOME IMPORTANT JUDGEMENTS ON INSURANCE Author CS Deepak P. Singh CASE-1 R. Geethabanu v. Government of…
Income TaxNon Filing of GST Returns and cancellation of GST Registration by the Department: Madras HC restored with the remark “ No useful purpose will be served by keeping such assessee out of the Goods and Services Tax regime”4 years agoNon Filing of GST Returns and cancellation of GST Registration by the Department: Madras HC restored with the remark “ No…
Income TaxCondonation of delay of 238 days in filing appeal granted by ITAT – Considered medical grounds for admitting the Appeal4 years agoCondonation of delay of 238 days in filing appeal granted by ITAT – Considered medical grounds for admitting the Appeal…
Income TaxSupreme Court stays High Court observation declaring faceless assessment as non est u/s 144B(9) in view of repeal of section 144B(9) W.R.E.F. 01.04.2021 by FA-20224 years agoSupreme Court stays High Court observation declaring faceless assessment as non est u/s 144B(9) in view of repeal of section…
Income TaxWho is entitled to gratuity and how it is taxed in India4 years agoWho is entitled to gratuity and how it is taxed in India Author Balwant Jain The income…
Bank AuditIncome TaxAuditors may face ban on non-audit work in large cos4 years agoAuditors may face ban on non-audit work in large cos