Income TaxDeduction towards Brokerage while computing Capital Gain: An issue before ITAT Pune4 years agoDeduction towards Brokerage while computing Capital Gain: An issue before ITAT Pune There was an interesting issue before Pune ITAT…
Income TaxDeduction towards interest to MSME : Caution by the Tax Auditor4 years agoDeduction towards interest to MSME : Caution by the Tax Auditor It may be noted that interest paid or payable…
Income TaxNo penalty u/s 271(1)(c) is imposable where assessee erroneously accounts provision for interest twice 4 years agoNo penalty u/s 271(1)(c) is imposable where assessee erroneously accounts provision for interest twice Gujarat State Electricity Corporation Ltd Vs…
Income taxA Welcome move by CBDT: Knowledge sharing series by CBDT on Budget 20224 years agoA Welcome move by CBDT: Knowledge sharing series by CBDT on Budget 2022 A Welcome move by CBDT: Knowledge sharing…
Income TaxValidity of addition u/s 68 when assessee has proved genuineness of transaction and AO possesses no adverse material against assessee4 years agoValidity of addition u/s 68 when assessee has proved genuineness of transaction and AO possesses no adverse material against assessee…
Income TaxRBI may wait for a few more months to raise interest rates, says survey4 years agoRBI may wait for a few more months to raise interest rates, says survey Faced with relatively low inflation amid…
Income taxBudget 2022-23 thoughtful policy agenda for India: IMF chief Georgieva4 years agoBudget 2022-23 thoughtful policy agenda for India: IMF chief Georgieva The Union budget presented by Finance Minister Nirmala Sitharaman recently…
Income TaxCBDT chairman explains why huge collections are expected from ‘crypto tax’4 years agoCBDT chairman explains why huge collections are expected from ‘crypto tax’ The imposition of 30 per cent tax on proceeds…
Income taxIncome TaxUnion Budget 2022-23- Proposed Changes relating to Income Tax Search and Seizure Provisions 4 years agoUnion Budget 2022-23- Proposed Changes relating to Income Tax Search and Seizure Provisions Author CA.Mohit Gupta Introduction:-…
Income TaxContempt petition against judge for not considering citation quoted by advocate.4 years agoContempt petition against judge for not considering citation quoted by advocate. IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL…
Income TaxWhether for purposes of sec. 28(iv), amount received on account of share capital ought not to be treated as business income 4 years agoWhether for purposes of sec. 28(iv), amount received on account of share capital ought not to be treated as business…
Income TaxCIT can exercise the revisionary power U/s 263 for making addition towards items which was wholly unconnected to the issue for which case was reopened 4 years agoCIT can exercise the revisionary power U/s 263 for making addition towards items which was wholly unconnected to the issue…
Income TaxCo-operative Societies: Whether Member includes Nominal Members also4 years agoCo-operative Societies: Whether Member includes Nominal Members also In the case of co-operative Societies, whether a Member includes Nominal Members…
Income TaxBefore you Accept the Loan on Hundi: Ensure that you are able to prove the source of the Lender4 years agoBefore you Accept the Loan on Hundi: Ensure that you are able to prove the source of the Lender
Income TaxFiling of return is mandatory even without income: An Overview of the provision4 years agoFiling of return is mandatory even without income: An Overview of the provision It is a wrong presumption that the…
Income TaxBogus purchases & validity of its disallowance without questioning corresponding sales4 years agoBogus purchases & validity of its disallowance without questioning corresponding sales Shoer Overview Once bogus purchases had gone into profit…
IT JudgementValidity of Cancellation of GST for the reason that purchasing dealer and selling dealer acted in connivance to fraud revenue4 years agoValidity of Cancellation of GST for the reason that purchasing dealer and selling dealer acted in connivance to fraud revenue…
IT JudgementITC/ GST/ Service Tax paid out of pocket is an item of expenses deductible under section 37(1)4 years agoITC/ GST/ Service Tax paid out of pocket is an item of expenses deductible under section 37(1) Short Overview When input service…