Income TaxPoints to be kept in mind for making Bankable Loan Proposal: By CA Sweta Makwana5 years agoPoints to be kept in mind for making Bankable Loan Proposal: By CA Sweta Makwana Author CA. Sweta Makwana…
Income TaxCompanies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 20215 years agoCompanies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 2021 MCA inserts vide Notification No. G.S.R. 580(E) dated…
IT JudgementInteresting Judgement: Profit from the sale of jaggery is not an agricultural income as conversion of sugarcane into jaggery was also not an essential process to make sugarcane marketable.5 years agoInteresting Judgement: Profit from the sale of jaggery is not an agricultural income as conversion of sugarcane into jaggery was…
IT JudgementActivity of assessee for converting gold bricks, biscuits or bars, into jewellery amounted to production or manufacture of a new article and accordingly, qualifies for deduction under section 80-IB.5 years agoActivity of assessee for converting gold bricks, biscuits or bars, into jewellery amounted to production or manufacture of a new…
Income TaxInput tax credit is not admissible on Air-conditioning and Cooling System and Ventilation System, as this is blocked credit falling under Section 17(5)(c) CGST Act.5 years agoInput tax credit is not admissible on Air-conditioning and Cooling System and Ventilation System, as this is blocked credit falling…
Income TaxKnow about Section Code in Form No. 26AS5 years agoKnow about Section Code in Form No. 26AS Form NO. 26AS merely mentions the section quote and doesn’t mention…
Income TaxINCREASE IN THE COST OF INCOME TAX DEPARTMENT IN FY 2020-21; REVEALED RTI APPLICATION5 years agoINCREASE IN THE COST OF INCOME TAX DEPARTMENT IN FY 2020-21; REVEALED RTI APPLICATION As new and new technology…
Income TaxPower of Court to admit additional ground during appeal: Assessee submitted that the additional grounds were legal grounds and go to the root of the matter and all the facts necessary for the adjudication of the grounds were on record.5 years agoPower of Court to admit additional ground during appeal: Assessee submitted that the additional grounds were legal grounds and go…
Income TaxReversal of ITC in cases of loss by consumption of input which is inherent to manufacturing loss is misconceived: Madras HC5 years agoReversal of ITC in cases of loss by consumption of input which is inherent to manufacturing loss is misconceived: Madras HC…
Income TaxSave Rs. 4242 Cr, Restore Old Income Tax Portal: Indian Taxpayers5 years agoSave Rs. 4242 Cr, Restore Old Income Tax Portal: Indian Taxpayers Union Minister for Finance & Corporate Affairs Smt.…
Income TaxImportance of SFT Code in Form No. 26AS: What does it signify5 years agoImportance of SFT Code in Form No. 26AS: What does it signify SFT refers to the Specified Financial Transaction.…
Income TaxCapital Gain Tax on Joint Development Agreement : Only Taxability is postponed and not the date of Transfer5 years agoCapital Gain Tax on Joint Development Agreement : Only Taxability is postponed and not the date of Transfer Income…
Income TaxEnjoy ! Laban & Lassi have same contents and characteristics and is exempt from GST: AAR Karnataka5 years agoEnjoy ! Laban & Lassi have same contents and characteristics and is exempt from GST: AAR Karnataka. Recently, Gujarat…
Income TaxDate after Dates! FM asked Infosys to resolve the issue till 15th September! Taxpayers suggest the restoration of old income tax portal which would not only result in saving of around Rs. 4000 Cr of the Government but also result in better compliance for the taxpayers.5 years agoDate after Dates! FM asked Infosys to resolve the issue till 15th September! Taxpayers suggest the restoration of old income…
IT JudgementWrit maintanable on the Principles of Natural Justice if sufficient opportunity was not granted to petitioner5 years agoWrit maintanable on the Principles of Natural Justice if sufficient opportunity was not granted to petitioner Article 226 Since…
Income TaxKnow about TCS Section Code in Form No. 26AS5 years agoKnow about TCS Section Code in Form No. 26AS Form No. 26AS merely mentions the section code and doesn’t…
Income TaxPayment of interest by way of conversion into loans: SC allows deduction u/s 43B5 years agoPayment of interest by way of conversion into loans: SC allows deduction u/s 43B Commissioner of Income-tax, Delhiv. M.M. Aqua…
Income TaxBooking flat which yet to be constructed under a housing project is eligible for sec. 54 relief: ITAT5 years agoBooking flat which yet to be constructed under a housing project is eligible for sec. 54 relief: ITAT SMT.…