Unexplained investment in lands & validity of ddition in hands of partners, instead of assessee-firm
Unexplained investment in lands & validity of ddition in hands of partners, instead of assessee-firm Short Overview Where…
Income Tax
Format of declaration which should be taken by the seller from the buyer so as to avoid TCS U/s 206C(1H)
Format of declaration which should be taken by the seller from the buyer so as to avoid TCS U/s 206C(1H)…
Section 115BBE- Bleak line between Righteousness and Injustice.
Section 115BBE- Bleak line between Righteousness and Injustice. Author CA. R. S. KALRA ca.rskalra@yahoo.com 1.Introduction Recent amendments in section…
Proceedings under the PML Act is to be equated with prosecution initiated under the criminal proceedings for the offence punishable under the Indian Penal Code
Proceedings under the PML Act is to be equated with prosecution initiated under the criminal proceedings for the offence punishable…
Repayment of Old Loan by taking New Loan: Deduction of Interest
Repayment of Old Loan by taking New Loan: Deduction of Interest This was the issue before ITAT Jaipur…
Documents required for E-filing of appeal at ITAT: An overview
Documents required for E-filing of appeal at ITAT: An overview Income Tax Appelate Tribunal (ITAT) has also moved…
JOB work under GST
JOB work under GST Author CA. Kunal Pillay JOB work under GST Income Tax Act on Your Mobile…
GODHRA ELECTRICITY CO. LTD. vs. COMMISSIONER OF INCOME TAX
GODHRA ELECTRICITY CO. LTD. vs. COMMISSIONER OF INCOME TAX Real Income Theory as recognized by supreme court in Godhra…
Deduction towards PMS fees on the grounds of by diversion of income by overriding title
Deduction towards PMS fees on the grounds of by diversion of income by overriding title ITAT Mumbai in…
TAX-FREE INCOMES FOR SALARIED TAXPAYERS
TAX-FREE INCOMES FOR SALARIED TAXPAYERS There are various knowledge sharing materials which are provided by the Income Tax Department for…
5 Steps guide for Trust registration u/s 12AB
5 Steps guide for Trust registration u/s 12AB Procedure for registration is very simple and one can complete it…
Trust Registration u/s 12AB without irrevocable clause: CBDT need to smoothen the process
Trust Registration u/s 12AB without irrevocable clause: CBDT need to smoothen the process All the trust who are…
No dissolution clause in the trust deed- Whether Registration u/s 12AB can be denied?
No dissolution clause in the trust deed- Whether Registration u/s 12AB can be denied? Here is an interesting…
Applicability of TDS provision if amount of recipient is not chargeable to tax
Applicability of TDS provision if amount of recipient is not chargeable to tax Section 194N was introduced by FA-2019 which requires…
A mere book-keeping entry cannot be income, unless income has actually resulted: Supreme Court
A mere book-keeping entry cannot be income, unless income has actually resulted: Supreme Court Hon’ble Supreme court in…
Expenses made out of income of estate of deceased: Whether diversion of income by overriding title?
Expenses made out of income of estate of deceased: Whether diversion of income by overriding title? Supreme court…
Payment of Maintenance amount to wife and children under consent decree by is not diversion of income at source but application of income to discharge an obligation
Payment of Maintenance amount to wife and children under consent decree by is not diversion of income at source but…
Real income theory & diversion of income by overriding title as explained by Supreme Court
Real income theory & diversion of income by overriding title as explained by Supreme Court Here is an interesting observation…
