Income TaxPen Drive containing details of Rs. 150 Cr & Rs. 70 Cr found in Income Tax Raids at Mumbai6 years agoPen Drive containing details of Rs. 150 Cr & Rs. 70 Cr found in Income Tax Raids at Mumbai Ministry…
IT JudgementHire charges paid to cab drivers liable for sec. 194C TDS even if no written contract exists6 years agoHire charges paid to cab drivers liable for sec. 194C TDS even if no written contract exists Sri Balaji…
Income TaxIncome Tax Impact on Gift to HUF & Gift by HUF6 years agoIncome Tax Impact on Gift to HUF & Gift by HUF Hindu Undivided Family (HUF) is a separate taxable entity…
IT JudgementInvestigation once commenced by one Commissionerate then investigating authorities from other Commissionerate ought not to proceed against the same assessee.6 years agoInvestigation once commenced by one Commissionerate then investigating authorities from other Commissionerate ought not to proceed against the same assessee. …
IT JudgementESOP benefits granted to an assessee when he was resident and in consideration for services rendered in India is taxable even though the assessee is a non-resident in the year of exercise.6 years agoESOP benefits granted to an assessee when he was resident and in consideration for services rendered in India is taxable…
Income TaxLetter written by Chartered Accountant Association to CMD of Indian Bank: Unjustified Removal of Allahabad Bank Issue Branch Auditor6 years agoLetter written by Chartered Accountant Association to CMD of Indian Bank: Unjustified Removal of Allahabad Bank Issue Branch Auditor The…
Income TaxAll about Statement of Financial Transactions6 years agoAll about Statement of Financial Transactions There are various sources from which the department is collecting information of the transactions…
Income TaxUnauthorized selling of pharmacy through online: CAIT writes to Commerce Minister6 years agoUnauthorized selling of pharmacy through online: CAIT writes to Commerce Minister Confederation of All India Traders (CAIT) “Vyapar Bhawan” 925/1,…
Income TaxEven CPC is helpless at time – Refund blocked by AO for Reasons known to him6 years agoEven CPC is helpless at time – Refund blocked by AO for Reasons known to him This is the reply…
Income TaxGuidelines for Startup India Seed Fund Scheme (SISFS)6 years agoGuidelines for Startup India Seed Fund Scheme (SISFS) The Commerce Ministry has issued guidelines for Startup India Seed Fund Scheme…
IT JudgementTransition of credit in respect of TDS of Tamil Nadu VAT regime can’t be denied in GST regime: Madras HC6 years agoTransition of credit in respect of TDS of Tamil Nadu VAT regime can’t be denied in GST regime: Madras HC…
Income TaxTax Implications: Purchase of plot in unregularised layout & Cancellation thereof6 years agoTax Implications: Purchase of plot in unregularised layout & Cancellation thereof Query] I have taken Rs. 30 lakhs Home…
IT JudgementRelays manufactured for use only as Railway Signaling are classifiable under heading 86086 years agoRelays manufactured for use only as Railway Signaling are classifiable under heading 8608 Westinghouse Saxby Farmer Ltd. v. Commissioner of…
Income TaxTax returns will get auto populated soon with Capital gain, dividend and interest income!!6 years agoTax returns will get auto populated soon with Capital gain, dividend and interest income!! IT Notification Statement of Financial Transactions…
IT JudgementAbsence of earning any interest income on capital from the firm is no bar to claim the interest paid on borrowings for the purpose of contributing capital to the firm6 years agoAbsence of earning any interest income on capital from the firm is no bar to claim the interest paid on…
Income TaxAmendment in schedule V of companies Act 2013 regarding the Maximum Limit in Director Remuneratio6 years agoAmendment in schedule V of companies Act 2013 regarding the Maximum Limit in Director Remuneration The Company act has made…
IT JudgementSLP filed by the Department against order of Delhi HC directing GST department to allow manual TRAN-1 or open portal dismissed by SC6 years agoSLP filed by the Department against order of Delhi HC directing GST department to allow manual TRAN-1 or open portal…
IT JudgementReplacing machinery part is revenue exp. if there was no increase in production capacity after such replacement6 years agoReplacing machinery part is revenue exp. if there was no increase in production capacity after such replacement Jaya Hind Industries…