New Scheme of Restructuring of loans by RBI : A Short Overview
New Scheme of Restructuring of loans by RBI : A Short Overview Retail borrowers and small businesses will be permitted…
Income Tax
MCA Clarification on spending of CSR funds
MCA Clarification on spending of CSR funds 1. ‘Establishment of medical oxygen generation and storage plants’, ‘manufacturing and…
BJP CA Cell, Mumbai appealed for reduction of Custom Duty & GST on Mask, Oxygen Concentrator, Vaccine etc in view of pandemics: Highly needed Representation
BJP CA Cell, Mumbai appealed for reduction of Custom Duty & GST on Mask, Oxygen Concentrator, Vaccine etc in view…
BJP CA Cell demands waiver of Interest & Penalty on Profesion Tax & VAT considering Critical Situation : An Apt & Timely Representation
BJP CA Cell demands waiver of Interest & Penalty on Profesion Tax & VAT considering Critical Situation : An Apt…
Expenses incurred to make the house habitable is eligible for capital gain exemption.
Expenses incurred to make the house habitable is eligible for capital gain exemption. What are the expenses /…
CBDT notified the manner in which Leave Travel Concession is to be claimed as per the amendment made by Finance Act 2021.
CBDT notified the manner in which Leave Travel Concession is to be claimed as per the amendment made by Finance…
All about deduction u/s 80C
All about deduction u/s 80C Section 80C Bare Act Deduction in respect of life insurance premia, deferred annuity,…
Standard Format of Power of Attorney for Income Tax Cases
Standard Format of Power of Attorney for Income Tax Cases POWER OF ATTORNEY FOR REPRESENTATION BEFORE______________________________ (Name…
Switches, routers, printer, server etc cannot be used without computer & so they form part of peripherals of the computer and entitled to depreciation at the same rate
Switches, routers, printer, server etc cannot be used without computer & so they form part of peripherals of the computer…
Order passed by Assessing Officer in the name of the assessee without specifying that the income is chargeable to tax in the hands of the assessee as a representative assessee of a non-resident need to be quashed
Order passed by Assessing Officer in the name of the assessee without specifying that the income is chargeable to tax…
E-commerce Transactions & TDS U/s 194-O
E-commerce Transactions & TDS U/s 194-O Introduction: Section 194O has been introduced in the Union Budget 2020.…
Step by Step Procedure for Registration of Charitable Trust at Income Tax Portal
Step by Step Procedure for Registration of Charitable Trust at Income Tax Portal New or old, all the…
Doctors and Hospitals on the income tax radar: Covid-19
Doctors and Hospitals on the income tax radar: Covid-19 Doctors and Hospital are on the income tax radar…
If the security deposit continues as a liability in the books of the assessee club, the assessing officer could treat as income
If the security deposit continues as a liability in the books of the assessee club, the assessing officer could treat…
Audited books cannot be rejected in such a casual manner. Ad hoc disallowances are arbitrary and cannot be upheld.
Audited books cannot be rejected in such a casual manner. Ad hoc disallowances are arbitrary and cannot be upheld. …
Validity of addition done on account of credit worthiness by CIT after giving an opportunity to the AO to rebut the submissions
Validity of addition done on account of credit worthiness by CIT after giving an opportunity to the AO to rebut…
Key Take away from RBI Governor: No new Moratorium only Restructuring norms relaxed along with new window for fresh restructuring
Key Take away from RBI Governor: No new Moratorium only Restructuring norms relaxed along with new window for fresh restructuring…
Section 206AA of the Act does not override the provision of Section 92 of the Income Tax Act
Section 206AA of the Act does not override the provision of Section 92 of the Income Tax Act …
