Income TaxOYO Hotels filed for bankruptcy?5 years agoOYO Hotels filed for bankruptcy? There is a fake PDF file that is in circulation which says that OYO Hotels…
IT JudgementAssessee can’t escape from Sec. 271D penalty by depositing cash loan in bank a/c on same day; SLP dismissed5 years agoAssessee can’t escape from Sec. 271D penalty by depositing cash loan in bank a/c on same day; SLP dismissed …
Income TaxCBDT enhances threshold limit from Rs. 5,500 crore to Rs. 6,400 crore for CbCR5 years agoCBDT enhances threshold limit from Rs. 5,500 crore to Rs. 6,400 crore for CbCR Notification No. 31/2021, dated…
IT JudgementEntire amount of duty paid by the manufacturer, as shown in the invoice would be available as credit even if the price is reduced subsequently by discount or otherwise.5 years agoEntire amount of duty paid by the manufacturer, as shown in the invoice would be available as credit even if…
IT JudgementError committed by the CA in his audit report would not alter the intention of the assessee5 years agoError committed by the CA in his audit report would not alter the intention of the assessee Short Overview : Where…
Income TaxLast year TCS was collected @ 0.075%, Now, the rate is 0.10%. Whether Seller will be required to collect balance 0.025% in current year?5 years agoLast year TCS was collected @ 0.075%, Now, the rate is 0.10%. Whether Seller will be required to collect balance…
Income TaxBJP Professional Cell, Mumbai gave representations for Maharashtra to consider CA Services as Essential Service for allowing it to work5 years agoBJP Professional Cell, Mumbai gave representations for Maharashtra to consider CA Services as Essential Service for allowing it to work…
Income TaxWhy JSON utility for filing Income Tax Return: What difference it will make5 years agoWhy JSON utility for filing Income Tax Return: What difference it will make The return filing process has been shifted…
Income TaxUnjustified removal of Allahabad Bank SBA’s by Indian Bank : Chartered Accountant Association is fighting against this unjustified removal.5 years ago Unjustified removal of Allahabad Bank SBA’s by Indian Bank : Chartered Accountant Association is fighting against this unjustified removal. …
IT JudgementValidity of disallowance under section 14A if AO did not record any satisfaction with regard to genuineness of the claim of the assessee before invoking the powers under section 14A read with rule 8D5 years agoValidity of disallowance under section 14A if AO did not record any satisfaction with regard to genuineness of the claim of…
Income TaxHigh Value Transactions Notices: What can be done now as income tax return could not be revised5 years agoHigh Value Transactions Notices: What can be done now as income tax return could not be revised First, what this…
Income Tax“Corporate Compliance Calendar for the M/o April, 20215 years ago“Corporate Compliance Calendar for the M/o April, 2021 About ARTICLE: This article contains various Compliance requirements for the Month of…
Income TaxStep by Step Guide to file Income Tax Return Online5 years agoStep by Step Guide to file Income Tax Return Online Step by Step Guide to file Income Tax…
Income TaxCommon Investment & Expenditure which Give you Tax Benefit5 years agoCommon Investment & Expenditure which Give you Tax Benefit In order to get deductions in income tax you…
Income TaxAn Excellent Representation by Chartered Accountants Association, Surat for Timely release of Utilities and Stopping of Panic Messaging5 years agoAn Excellent Representation by Chartered Accountants Association, Surat for Timely release of Utilities and Stopping of Panic Messaging An Excellent…
NotificationNot jurisdictional CIT, but DIT (CPC) & CIT (Exemption), Bengaluru authorized for Charitable Trust Registration5 years agoNot jurisdictional CIT, but DIT (CPC) & CIT (Exemption), Bengaluru authorized for Charitable Trust Registration Registration & Renewal of Charitable…
Income TaxMerely because the assessee wrongly included the income in its return of income for a particular year, it could not confer jurisdiction to the department to tax that income in that assessment year, even though legally such income did not pertain to that year5 years agoMerely because the assessee wrongly included the income in its return of income for a particular year, it could not…
Income TaxComputation of capital gains is embedded in concept of valuation and merely for this reason question of capital gain arising in application cannot be held to be barred by clause (ii) of proviso to section 245R(2).5 years agoComputation of capital gains is embedded in concept of valuation and merely for this reason question of capital gain arising…