Income TaxTime, Tide & Taxman wait for None !!5 years agoTime, Tide & Taxman wait for None !! Time, Tide & Taxman wait for None !! Income Tax Act on…
Income TaxTaxation of comoensation received under NHAI Act.5 years agoTaxation of comoensation received under NHAI Act. KRISHNA KUMAR SHARMA vs. DEPUTY COMMISSIONER OF INCOME TAX (2021) 61 CCH 0245…
Income TaxTransactions where quoting PAN is mandatory5 years agoTransactions where quoting PAN is mandatory There are certain specified financial transactions in which quoting of PAN is…
Income TaxDissolution or Reconstitution of Partnership Firm to attract Income Tax5 years agoDissolution or Reconstitution of Partnership Firm to attract Income Tax Income Tax Act – 1961 is refined every year…
Income TaxLoss sustained by the assessee due to fluctuation in foreign exchange while implementing export contract is incidental to assessee’s course of business, therefore, such a loss is not a speculative loss but a business loss: HC5 years agoLoss sustained by the assessee due to fluctuation in foreign exchange while implementing export contract is incidental to assessee’s course…
Income TaxTDS u/s 194C or 194I : Lorry hire charges paid for vehicles5 years ago TDS u/s 194C or 194I : Lorry hire charges paid for vehicles ITAT CHENNAI THE ASST. COMMISSIONER OF INCOME TAX,…
Income TaxCopy of the Finance Act- 2021 with all amendment & Changes5 years agoCopy of the Finance Act- 2021 with all amendment & Changes The Finance Bill, 2021 as was presented on 1st February 2021 was…
Income TaxNew Tax Regime & Unabsorbed depreciation and business loss brought forward5 years agoNew Tax Regime & Unabsorbed depreciation and business loss brought forward Income Tax Return for the FY 2020-21…
Income TaxExtend the time period regarding Legal and Statutory compliances in the second wave of Covid 19: PDH Chamber Of Commerce And Industry appealed to FM5 years agoExtend the time period regarding Legal and Statutory compliances in the second wave of Covid 19: PDH Chamber Of Commerce…
Income TaxOnce books of account are rejected for want of supporting vouchers and details, then income of taxpayer is required to be estimated5 years agoOnce books of account are rejected for want of supporting vouchers and details, then income of taxpayer is required to…
Income TaxIncome which has not actually accrued to assessee can not be taxed5 years agoIncome which has not actually accrued to assessee can not be taxed Continental Construction Ltd Vs ACIT ITA…
Income TaxGovernment extends certain timelines for Tax Compliance in light of the raging pandemicGovernment extends certain timelines for Tax Compliance in light of the raging pandemic5 years agoGovernment extends certain timelines for Tax Compliance in light of the raging pandemic Government of India Department of Revenue…
Income TaxWhether turnover is relevant criterion for choosing entities as comparables in determination of ALP in transfer pricing cases?5 years agoWhether turnover is relevant criterion for choosing entities as comparables in determination of ALP in transfer pricing cases? MICROCHIP…
IT JudgementCutoff date for purpose of determining its taxability is date when assessee was found to be entitled to receive compensation and not date when it was actually received by assessee.5 years agoCutoff date for purpose of determining its taxability is date when assessee was found to be entitled to receive compensation…
Income TaxNo purchases can be rejected without disturbing the sales in case of a trader thus, additions should be limited to the extent of brining the GP rate on purchases at the same rate of other genuine purchases5 years agoNo purchases can be rejected without disturbing the sales in case of a trader thus, additions should be limited to…
IT JudgementValidity of addition under section 56(2)(viib) against issue of shares at premium if AO adopted NAV method rejecting DCF method adopted by assessee5 years agoValidity of addition under section 56(2)(viib) against issue of shares at premium if AO adopted NAV method rejecting DCF method adopted…
Income TaxICAI providing Financial Assistance of Rs. 1.50 Lakhs for its members5 years agoICAI providing Financial Assistance of Rs. 1.50 Lakhs for its members ICAI providing Financial Assistance of Rs. 1.50…
Income TaxAn excellent Representation by DTPA for disposal of appeals before the CIT (Appeals), continuation of physical hearings in ITAT and other Issues5 years agoAn excellent Representation by DTPA for disposal of appeals before the CIT (Appeals), continuation of physical hearings in ITAT and…