Income Tax8000 cases involving fake ITC of over Rs. 35000 crore in FY 2020-215 years ago8000 cases involving fake ITC of over Rs. 35000 crore in FY 2020-21 Ministry of Finance CGST Zones and Directorate…
IT JudgementGST is applicable on sale of plot after Development by developer5 years agoGST is applicable on sale of plot after Development by developer Applicability of Indirect tax on construction industries has been…
IT JudgementMadras HC denies transition of accumulated CENVAT credit from shut down factory in Tamil Nadu to new GSTIN in Andhra Pradesh5 years agoMadras HC denies transition of accumulated CENVAT credit from shut down factory in Tamil Nadu to new GSTIN in Andhra…
Income TaxContract to Infosys for Rs. 4242 Cr & a great reply to an Application under RTI5 years agoContract to Infosys for Rs. 4242 Cr & a great reply to an Application under RTI An RTI…
Income TaxNotice u/s 148 issued under old regime stayed by Bombay High Court5 years agoNotice u/s 148 issued under old regime stayed by Bombay High Court Validity of CBDT’s notification extending time to issue…
Income TaxAn overview of Section 197 of the Income Tax Act: By CA Raj Maniyar5 years agoAn overview of Section 197 of the Income Tax Act: By CA. Raj Maniyar Author CA. Raj Maniyar …
Income TaxFAQ on Application for Extension of Registration Period for Casual / Non Resident Taxable Person5 years agoFAQ on Application for Extension of Registration Period for Casual / Non Resident Taxable Person Can a taxpayer registered for…
IT JudgementAdvance for share application money can’t be treated as loan just because shares were allotted after delay of 6 months: ITAT5 years agoAdvance for share application money can’t be treated as loan just because shares were allotted after delay of 6 months:…
IT JudgementCapital Gain Exemption: Due date for furnishing the return of income u/s 139(1) is subject to the extended period provided u/s 139(4)5 years agoCapital Gain Exemption: Due date for furnishing the return of income u/s 139(1) is subject to the extended period provided…
Income TaxSection 53A of the Transfer of Property Act vis a vis Section 2(47) of the Income Tax Act: An overview5 years agoSection 53A of the Transfer of Property Act vis a vis Section 2(47) of the Income Tax Act: An overview…
Income TaxIf the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B5 years agoIf the PF amount had been deposited within permissible grace period, no disallowance can be made u/s 43B …
Income TaxEntries in the books of account are not relevant for rejecting the claim of the assessee if it is otherwise allowable5 years agoEntries in the books of account are not relevant for rejecting the claim of the assessee if it is otherwise…
IT JudgementOnce the assessee is entitled to avail of deduction u/s 80P, the entire amount hat are attributable to any one or more activities must be given by way of deduction: Supreme Court5 years ago Once the assessee is entitled to avail of deduction u/s 80P, the entire amount hat are attributable to any one…
Income TaxWaiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part1)5 years agoWaiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part1)…
Income TaxAll about Composition Scheme under GST5 years agoAll about Composition Scheme under GST Eligibility for Composition Scheme: Businesses with annual turnover up to Rs 1.5 crore…
Income TaxKnow the liquidity of the PPF account by Premature Withdrawal, Loan & Closure5 years agoKnow the liquidity of the PPF account by Premature Withdrawal, Loan & Closure Do not leave yourself or your…
IT JudgementFlats held as stock in trade and validity of its taxation on Notional Basis5 years agoFlats held as stock in trade and validity of its taxation on Notional Basis ITAT MUMBAI DCIT. CIR-3 (1)…
Income TaxSmart phones which do function equivalent to the computers – Depreciation can be claimed @60%5 years ago Smart phones which do function equivalent to the computers – Depreciation can be claimed @60% ITAT DELHI M/S. FALCON BUSINESS…