Action against Statutory Auditor by RBI : Debarred to carry out audit for 2 years
Action against Statutory Auditor by RBI : Debarred to carry out audit for 2 years
Income Tax
A deity falls within the meaning of the word “individual” and can be treated as a unit of assessment
A deity falls within the meaning of the word “individual” and can be treated as a unit of assessment ITAT…
Corpus donations received by Trusts which was not registered u/s 12A/12AA are not taxable as they assume nature of “Capital receipt’
Corpus donations received by Trusts which was not registered u/s 12A/12AA are not taxable as they assume nature of “Capital…
Section 8 Company: Draft format of Memorandum & Article of Association
Section 8 Company: Draft format of Memorandum & Article of Association Whether charitable activities should be carried out by society,…
Fake ITC case of about Rs. 270 crores relating to diamonds unearthed by CGST Commissionerates
Fake ITC case of about Rs. 270 crores relating to diamonds unearthed by CGST Commissionerates Government of India Ministry of…
Income Tax raids reveals unauthorised chit fund business, and all the investments and pay-outs of more than Rs. 400 crore, in the last few years
Income Tax raids reveals unauthorised chit fund business, and all the investments and pay-outs of more than Rs. 400 crore,…
Corporate guarantee forms an international transaction and covered by Explanation to section 92B with retrospective effect
Corporate guarantee forms an international transaction and covered by Explanation to section 92B with retrospective effect Short Overview The Madras High…
ITAT exempts Bombay Chamber of Commerce for rendering services in relation to commercial activities
ITAT exempts Bombay Chamber of Commerce for rendering services in relation to commercial activities Bombay Chamber of Commerce & Mackinnon…
Finer point of income tax laws of personal taxation one should be aware of BY Balwant Jain
Finer point of income tax laws of personal taxation one should be aware of BY Balwant Jain Author Balwant…
Unexplained cash credit u/s 68: If the Department has accepted the factum of repayment, the additions under section 68 is not sustainable in law.
Unexplained cash credit u/s 68: If the Department has accepted the factum of repayment, the additions under section 68 is not…
Section 55 of Income Tax Act : Can Assessing Officer Reject , the valuation report ?
Section 55 of Income Tax Act : Can Assessing Officer Reject , the valuation report ? …
Income Tax raid on Pharma groups unearths unaccounted income of Rs 550 Cr
Income Tax raid on Pharma groups unearths unaccounted income of Rs 550 Cr 1. The Income Tax Department on…
Taxation of Income from Stock Market
Taxation of Income from Stock Market “The stock market is designed to transfer money from the active to the…
Cash seizure of over Rs. 142 crore in searches of Income Tax Department in Hyderabad
Cash seizure of over Rs. 142 crore in searches of Income Tax Department in Hyderabad Ministry of Finance…
Mere delay in enclosing a certified copy of order appealed against along with the appeal should not come in the way of assessee’s appeal for being considered on merits
Mere delay in enclosing a certified copy of order appealed against along with the appeal should not come in the…
Assessment order quashed as the password for the Video conference link was not provided
Assessment order quashed as the password for the Video conference link was not provided In Neerja Rateria Vs National Faceless…
Income Tax Raids reveals services of a Dubai based financial service provider to create a dubious and complex web of foreign companies and trusts
Income Tax Raids reveals services of a Dubai based financial service provider to create a dubious and complex web of…
Search is qua a ‘place’ and not necessarily qua the ‘Assessee’. Survey by its very nature could be of the entity and any place from where such entity may operate.
Search is qua a ‘place’ and not necessarily qua the ‘Assessee’. Survey by its very nature could be of the…
