Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act
Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act Direct Media Distribution … vs Pr.Cit…
Income Tax
ITAT held that Section 24(b) and Section 48 are covered under different heads and neither of the sections exclude operation of the other
ITAT held that Section 24(b) and Section 48 are covered under different heads and neither of the sections exclude operation…
Scheme containing the terms and conditions for the Empanelment of Chartered Accountants for the office of the Official Liquidator attached to the High Court of Gujarat Effective from 3.12.2019
Scheme containing the terms and conditions for the Empanelment of Chartered Accountants for the office of the Official Liquidator attached…
Penalty under Section 76 of the Finance Act, 1994 can be imposed for mere default/delay in payment of Service Tax in addition to the penalty under Section 78 and these penalties are mutually exclusive and even if offences are committed in the course of same transaction or arise out of same act, penalty is imposable for ingredients of both offences.”
Penalty under Section 76 of the Finance Act, 1994 can be imposed for mere default/delay in payment of Service Tax in addition…
Tariff Notification No. 90/2019-Customs (N.T.) dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Arecanut, Gold & Silver
Tariff Notification No. 90/2019-Customs (N.T.) dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy…
Furthering Digital Payments – Waiver of Charges – National Electronic Funds Transfer (NEFT) System
Furthering Digital Payments – Waiver of Charges – National Electronic Funds Transfer (NEFT) System Furthering Digital Payments – Waiver of…
Sabka Vishwas (Legal Dispute Resolution) Scheme will not be extended beyond 31.12.2019
Sabka Vishwas (Legal Dispute Resolution) Scheme will not be extended beyond 31.12.2019
Income Tax Return Statistics for the Assessment-Year-2018-19 by CBDT
Income Tax Return Statistics for the Assessment-Year-2018-19 by CBDT IT-Return-Statistics-Assessment-Year-2018-19
CIT ‘s order is contradictory to the provisions of section 119(2)(b) of the Income-tax Act by allowing the appeal of the assessee without appreciating the legal position that, if the return was not selected for the scrutiny assessment u/s. 143 of the Income tax Act
CIT ‘s order is contradictory to the provisions of section 119(2)(b) of the Income-tax Act by allowing the appeal of the assessee…
Section 56(2)(viia) cannot apply to a foreign company as Rule 11U(b)(ii) (prior to 01.04.2019) which defines “balance sheet‟ was not applicable to a foreign company.
Section 56(2)(viia) cannot apply to a foreign company as Rule 11U(b)(ii) (prior to 01.04.2019) which defines “balance sheet‟ was not applicable…
IT Department Time Series Data from FY-2000-01 to FY 2018-1 9 by CBDT
IT Department Time Series Data from FY-2000-01 to FY 2018-1 9 by CBDT IT-Department-Time-Series-Data-FY-2000-01-to-2018-19
The Respondent has denied the benefit of Input Tax Credit( ITC) to the buyers of the flats being constructed by him is in contravention of the provisions of Section 171 (1) of the CGST Act, 2017
The Respondent has denied the benefit of Input Tax Credit( ITC) to the buyers of the flats being constructed by…
Interesting case: Capital gain Exemption if Payments towards purchase of plot is done prior to one year of capital gain exemption
Interesting case: Capital gain Exemption if Payments towards purchase of plot is done prior to one year of capital gain…
The tax rate applicable on the supply of construction service to land owner in lieu of transfer of development rights to the promoter’s portion is liable to tax @ 9% under CGST and 9% under KGST.
The tax rate applicable on the supply of construction service to land owner in lieu of transfer of development rights…
Supreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return
Supreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return The Supreme Court…
Carry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance Act, 2001
Carry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance…
Applicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders
Applicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders short overview…
Expenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure?
Expenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure? short overview…
