CIT – Appeal has the jurisdiction to entertain additional claims made before them
CIT – Appeal has the jurisdiction to entertain additional claims made before them Short Overview The claim for deduction under…
Income Tax
Capital gains & Capital assets Vs Agricultural land outside municipal limits
Capital gains & Capital assets Vs Agricultural land outside municipal limits Short Overview Consideration received on sale of agricultural land in…
Acquisition and transfer of immovable property by NRIs in India?
Acquisition and transfer of immovable property by NRIs in India? Author Balwant Jain Reserve Bank of India (RBI)…
Two views possible: CIT cannot treat order as erroneous if AO has consciously adopted one view
Two views possible: CIT cannot treat order as erroneous if AO has consciously adopted one view Here is an interesting…
Notice u/s 148 issued by getting approval 15 minutes prior to issuance, Entire proceeding quashed by Bombay HC
Notice u/s 148 issued by getting approval 15 minutes prior to issuance, Entire proceeding quashed by Bombay HC IN THE…
Revisiting the 15 GST Proposals in Finance Bill 2022: An overview
Revisiting the 15 GST Proposals in Finance Bill 2022: An overview 1. Time-limit to avail ITC u/s 16(4) extended till…
Validity of Penalty for Non filing of annual return and balance sheet u/s 164 of the Companies Act, 2013 due to deactivation of Directors’ Identification Number(DIN) and resultant disqualifion
Validity of Penalty for Non filing of annual return and balance sheet u/s 164 of the Companies Act, 2013 due…
ABG Shipyard: Biggest bank fraud case in India
ABG Shipyard: Biggest bank fraud case in India Let us have a look at some of the prominent facts of…
The Revenue is under legal obligation to be consistent in its approach regarding taxability of any item. It cannot be purely on the whims and fancies of the Assessing Officer.: ITAT Delhi
The Revenue is under legal obligation to be consistent in its approach regarding taxability of any item. It cannot be…
Valentine Day Gift: Annual forms filing dates extended by MCA
Valentine Day Gift: Annual forms filing dates extended by MCA Relaxation on levy of additional fees is given till 15.03.2022…
Companies mandated to file report on Corporate Social Responsibility in Form CSR-2
Companies mandated to file report on Corporate Social Responsibility in Form CSR-2 In the Companies (Accounts) Rules, 2014 (hereinafter referred…
‘ESIC COVID-19 Relief Scheme’ under Section 19 of ESI Act as a welfare measure for employees
‘ESIC COVID-19 Relief Scheme’ under Section 19 of ESI Act as a welfare measure for employees EMPLOYEES’ STATE INSURANCE…
Updated Income Tax Return: Concept & Clarification
Updated Income Tax Return: Concept & Clarification Income Tax Return filing obligation is required to be carried out by the…
CGST Commissionerate in Navi Mumbai busts fake input tax credit racket, arrests proprietor of scrap metal firm
CGST Commissionerate in Navi Mumbai busts fake input tax credit racket, arrests proprietor of scrap metal firm CGST Commissionerate, Navi…
Reserve Bank of India RBI cautions Public Once Again against Fictitious Offers
Reserve Bank of India RBI cautions Public Once Again against Fictitious Offers The Reserve Bank of India has today reiterated…
Sale of developed plot is different from sale of land and covered under supply of construction service: AAAR
Sale of developed plot is different from sale of land and covered under supply of construction service: AAAR Recently, Gujarat…
Taxation of Future & Options & Intraday share transactions: Confusion & Clarification
Taxation of Future & Options & Intraday share transactions: Confusion & Clarification Trading in derivatives which may be in…
Master Circular by RBI on Asset Reconstruction Companies
Master Circular by RBI on Asset Reconstruction Companies RBI/2021-22/154 DOR.SIG.FIN.REC 84/26.03.001/2021-22 Febraury 10, 2022 All Asset Reconstruction Companies Dear Sir/Madam,…
