Income TaxThe existence of books of account is a condition precedent for invoking of the power of addition under section 685 years agoThe existence of books of account is a condition precedent for invoking of the power of addition under section 68…
Income TaxTime given to assessee to file response against draft assessment order was only 1 day: Bombay HC set aside the assessment5 years agoTime given to assessee to file response against draft assessment order was only 1 day: Bombay HC set aside the…
Income TaxKey Features of the Limited Liability Partnership (Second Amendment) Rules, 20225 years agoKey Features of the Limited Liability Partnership (Second Amendment) Rules, 2022 1. There can be 5 Desiganted partners (without having…
Income TaxBefore you Borrow Money- Know about the source of the Lender5 years agoBefore you Borrow Money- Know about the source of the Lender Conversion of black money through loans and advances has…
Income TaxSection 263 revisonary proceedings under Income Tax Act, 1961 against a dead person are null and void5 years agoSection 263 revisonary proceedings under Income Tax Act, 1961 against a dead person are null and void Author…
Income TaxTaxation of Non-Resident Individual (NRI) Part 3 : FAQ’S on Taxability of NRI By: Ayushi Raja 5 years agoTaxation of Non-Resident Individual (NRI) Part 3 : FAQ’S on Taxability of NRI By: Ayushi Raja (The author is…
Income TaxLandmark Judgement by Hon’ble supreme Court : Dues of Secured Creditor has priority over Dues of Central Excise Dept.5 years agoLandmark Judgement by Hon’ble supreme Court : Dues of Secured Creditor has priority over Dues of Central Excise Dept. There…
Income TaxThe management of business affairs in a company is not the sole duty of a Director, the results of a company’s performance is a team work of the Board of Directors: NCLT, Kochi5 years agoThe management of business affairs in a company is not the sole duty of a Director, the results of a company’s performance is a team work…
IT JudgementDeduction towards Expenditure on freebies to medical professionals & violation of Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 20025 years agoDeduction towards Expenditure on freebies to medical professionals & violation of Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations,…
Income TaxINTRODUCTION TO HINDU UNDIVIDED FAMILY By: Manjiri S. Gupta5 years agoINTRODUCTION TO HINDU UNDIVIDED FAMILY By: Manjiri S. Gupta (The author is an Article Assistant at SSRPN & CO.…
IT JudgementOutstanding payables in the books of accounts & it’s Taxation5 years agoOutstanding payables in the books of accounts & it’s Taxation Short Overview As regards outstanding payables in assessee’s books, AO…
IT JudgementAcceptance and repayment of cash for personal purpose between near relatives and penalty under section 271D & 271E5 years agoAcceptance and repayment of cash for personal purpose between near relatives and penalty under section 271D & 271E Short Overview…
IT JudgementContract Farming – Whether Agricultural income?5 years agoContract Farming – Whether Agricultural income? Short Overview Income from contract farming done by assessee cannot be treated as agricultural…
Income TaxPURCHASE & SALE OF IMMOVABLE PROPERTY BELOW STAMP DUTY VALUE & INSTANCES WHEN NOTIONAL INCOME WILL NOT BE TAXABLE By: Manjiri S. Gupta5 years agoPURCHASE & SALE OF IMMOVABLE PROPERTY BELOW STAMP DUTY VALUE & INSTANCES WHEN NOTIONAL INCOME WILL NOT BE TAXABLE By:…
Income TaxSupreme Court’sVerdict on FIR Registration and Investigation.5 years agoSupreme Court’sVerdict on FIR Registration and Investigation. Author FCS Deepak Pratap Singh DECISION OF MADRAS…
Income TaxRent payment to wife and HRA Deduction5 years agoRent payment to wife and HRA Deduction One of the most common questions by the salaried taxpayers is whether I…
Income TaxPermanent Registration of Charitable Trust by filing Form NO. 10AB: Representation for releasing the Utility5 years agoPermanent Registration of Charitable Trust by filing Form NO. 10AB: Representation for releasing the Utility To The Chairman Central Board…
Income TaxNo Prosecution proceedings for non-filing of ITR on second PAN which was issued inadvertently to assessee: HC5 years agoNo Prosecution proceedings for non-filing of ITR on second PAN which was issued inadvertently to assessee: HC There are cases…