Income TaxIf no exempt income is received or receivable on exempt income, no disallowance u/s 14A is warranted.5 years agoIf no exempt income is received or receivable on exempt income, no disallowance u/s 14A is warranted. Here is…
IT JudgementThe word ‘production’ or ‘produce’, when used in juxtaposition with the word ‘manufacture’ takes in bringing into existence new goods by a process which may or may not amount to manufacture: Supreme Court5 years agoThe word ‘production’ or ‘produce’, when used in juxtaposition with the word ‘manufacture’ takes in bringing into existence new goods…
IT JudgementHC set-aside faceless assessment order as it was passed without issuing draft assessment order5 years agoHC set-aside faceless assessment order as it was passed without issuing draft assessment order Anju Jalaj Batra v. National E-Assessment…
Income TaxAll About Tax Audit Applicability for AY 2021-22 by CA.Yashika Pittie5 years agoAll About Tax Audit Applicability for AY 2021-22 by CA.Yashika Pittie Author CA. Yashika Pittie Bhageria Section 44AB…
Income TaxREASSESSMENT IN THE CALENDAR YEAR 2021:VALIDITY OF NOTICES-TWO SET OF LAWS & THREE TIME ZONES5 years agoREASSESSMENT IN THE CALENDAR YEAR 2021:VALIDITY OF NOTICES-TWO SET OF LAWS & THREE TIME ZONES Author CA. Shashi Bekal, Advocate…
Income TaxMahaRera: Clarification on Real estate agent registration and renewal of such registration.5 years agoMahaRera: Clarification on Real estate agent registration and renewal of such registration. MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Date : 06/07/2021…
Income TaxSpecial GST Levy Mechanism for person dealing in second hands goods5 years agoSpecial GST Levy Mechanism for person dealing in second hands goods Aadhya Gold Private Limited (GST AAR Karnataka) [Advance…
IT JudgementEnglish decisions holding that incidence of tax could be avoided if permissible in law cannot be applied in Indian scenario and are obsolete5 years agoEnglish decisions holding that incidence of tax could be avoided if permissible in law cannot be applied in Indian scenario…
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…