Deduction not allowed to cooperative societies for interest received from banks: ITAT
Deduction not allowed to cooperative societies for interest received from banks: ITAT Krishnarajapet Taluk Agri Pro Co-op Marketing Society…
Income Tax
Firms which have undertaken Statutory Audit of enterprises whose equity or debt securities are listed in India or abroad covered under Peer Review Process
Firms which have undertaken Statutory Audit of enterprises whose equity or debt securities are listed in India or abroad covered…
New “Tax Credit Mismatch” feature introduced in the New Income Tax Portal
New “Tax Credit Mismatch” feature introduced in the New Income Tax Portal The features in the new income tax…
Seized documents along with statement recorded u/s 133A constitute valid piece of evidence, which can be used in assessing undisclosed income
Seized documents along with statement recorded u/s 133A constitute valid piece of evidence, which can be used in assessing undisclosed…
Assessee unable to present its case properly before the AO or before the CIT(A) due to old age: Whether case can be remanded?
Assessee unable to present its case properly before the AO or before the CIT(A) due to old age: Whether case…
Transfer Pricing Issue: AO was not justified in re-characterising the transaction of issue of debentures/CCDs as that of equity shares
Transfer Pricing Issue: AO was not justified in re-characterising the transaction of issue of debentures/CCDs as that of equity shares…
Rel Home Finance Ltd: How funds are diverted to promoters pocket – An order worth reading
Rel Home Finance Ltd: How funds are diverted to promoters pocket – An order worth reading This 100 pg order…
Whether immunity from disallowance of expenses on account of non/short deduction of taxes can be granted if assessee/payer furnishes certificate in prescribed form No. 26A?
Whether immunity from disallowance of expenses on account of non/short deduction of taxes can be granted if assessee/payer furnishes certificate…
Validity of deduction towards depreciation on intangible assets
Validity of deduction towards depreciation on intangible assets KONTOOR BRANDS PVT LTD IT (TP) A No. 1285/Bang/2017 Short Overview of…
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…
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…
