Income TaxContempt petition against judge for not considering citation quoted by advocate.5 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 5 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 5 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 also5 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 Lender5 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 provision5 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 sales5 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 revenue5 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)5 years agoITC/ GST/ Service Tax paid out of pocket is an item of expenses deductible under section 37(1) Short Overview When input service…
Income TaxOne day delay can cost 3% of Interest5 years agoOne day delay can cost 3% of Interest “You must pay taxes. But there’s no law that says you gotta…
Income TaxIncome taxInsurance Sectors employee, Company’s dealer etc to be worst affected by TDS U/s 194R: CA Naresh Jakhotia5 years agoInsurance Sectors employee, Company’s dealer etc to be worst affected by TDS U/s 194R: CA Naresh Jakhotia Union Budget – 2022 has…
Income TaxAround 6.17 Cr ITR filed till 6th Feb 20225 years agoAround 6.17 Cr ITR filed till 6th Feb 2022 Government of India Ministry of Finance Department of Revenue Central Board…
Income TaxNon-payment of tax in time cannot be treated as a ‘willful attempt’ to evade tax; no prosecution: HC5 years agoNon-payment of tax in time cannot be treated as a ‘willful attempt’ to evade tax; no prosecution: HC There are…
Income TaxDigital Currency: RBI issues Press Release5 years agoDigital Currency: RBI issues Press Release Central Bank Digital Currency – Is This the Future of Money1 Introduction The…
Income TaxAdvisory on Search Revamped HSN Code Functionality5 years agoAdvisory on Search Revamped HSN Code Functionality The Search HSN functionality was earlier given as a measure of facilitation…
Income TaxDraft Due Diligence Report (DDR) Format5 years agoDraft Due Diligence Report (DDR) Format Draft Due Diligence Report (DDR) Format
IT JudgementNon filing of return of income under section 139(1) & validity of refusal of deduction under section 80-IC5 years agoNon filing of return of income under section 139(1) & validity of refusal of deduction under section 80-IC Short Overview As per…
Income TaxUAE announces introduction of corporate tax w.e.f. 1 June 2023: Top 10 Facts5 years agoUAE announces introduction of corporate tax w.e.f. 1 June 2023: Top 10 Facts With OECD adopting a minimum tax rate…