Income Tax Raids in Bengaluru : Rs. 402 Cr of Disclosure
Income Tax Raids in Bengaluru : Rs. 402 Cr of Disclosure Press-Release-IT-Department-conducts-searches-in-Bengaluru-dated-18-02-2021
Income Tax
Validity of Detention of goods if Value quoted in invoice lower than maximum retail price of goods
Validity of Detention of goods if Value quoted in invoice lower than maximum retail price of goods IN THE…
Taxation of Employee Stock Option, whether perquisite under section 17, if option was granted when employee was NRI
Taxation of Employee Stock Option, whether perquisite under section 17, if option was granted when employee was NRI Income Tax Act,…
Validity of Assessment under section 153A if no incriminating material found during search
Validity of Assessment under section 153A if no incriminating material found during search Income Tax Act, 1961, Section 153A Search and…
CBDT notifies amendments in Faceless Assessment Scheme
CBDT notifies amendments in Faceless Assessment Scheme Amendment to Faceless Assessment Scheme
FSSAI notifies Alcoholic Beverage Standards’ amendment Regulations
FSSAI notifies Alcoholic Beverage Standards’ amendment Regulations The Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2020 …
Rating of Audit Firms to reduce the risk of Fraud
Rating of Audit Firms to reduce the risk of Fraud
Rs 1500 cr undisclosed income detected with the gutka producer:
Rs 1500 cr undisclosed income detected with the gutka producer: 1. The Income Tax Department has detected unaccounted transactions of…
Advocates enrolled with Bar Council must be allowed to register as professionals on MCA portal for Co. registration: HC
Advocates enrolled with Bar Council must be allowed to register as professionals on MCA portal for Co. registration: HC Shikha…
Depreciation on Intangible asset & Right to collect toll
Depreciation on Intangible asset & Right to collect toll Short Overview Assessee also incurred expenditure in constructing Amritsar Bus Terminal…
Landmark Judgment: Section 40(a)(i) and (ia) provides for disallowance only in respect of expenditure, which is revenue in nature, therefore, the provision does not apply to claim for depreciation
Landmark Judgment: Section 40(a)(i) and (ia) provides for disallowance only in respect of expenditure, which is revenue in nature, therefore,…
Union Budget – 2021: New Regime of Re-Asessment
Union Budget – 2021: New Regime of Re-Asessment The new scheme of re-assessments are contained in the following provisions:…
Frequently asked questions on QRMP scheme
Frequently asked questions on QRMP scheme Q 1: What is QRMP scheme? What…
Noting in a diary couldn’t be ground for sec. 69A additions unless same is supported by corroborative evidence
Noting in a diary couldn’t be ground for sec. 69A additions unless same is supported by corroborative evidence Smt. Harmohinder…
No recovery by any mode or adjustment of ITC should be made at the time of search/inspection under Section 67: Gujarat High Court
No recovery by any mode or adjustment of ITC should be made at the time of search/inspection under Section 67:…
ICAI & ICSI warns Members, Not to use Social Media to Troll Government, Warns Penal Action
ICAI & ICSI warns Members, Not to use Social Media to Troll Government, Warns Penal Action
Disallowance under section 40A(3): Capital expenditure incurred in cash in acquiring fixed assets
Disallowance under section 40A(3): Capital expenditure incurred in cash in acquiring fixed assets Short Overview Since provisions of section 40A(3)…
: Capital expenditure incurred in cash in acquiring fixed assets){kind=link}
: Capital expenditure incurred in cash in acquiring fixed assets&description=&image=https://thetaxtalk.com/wp-content/uploads/2021/02/Untitled-3067.png){kind=link}