Loss of stock on account of fire at business place & it’s Allowability if the records not available due to fire
Loss of stock on account of fire at business place & it’s Allowability if the records not available due to…
Income Tax
Tribunal can direct for registration of a trust/institution without remanding matter to Commissioner as powers of Tribunal are co-extensive to that of Commissioner under section 12AA
Tribunal can direct for registration of a trust/institution without remanding matter to Commissioner as powers of Tribunal are co-extensive to…
Where assessee had submitted purchase bills, transportation bills, confirmed copy of accounts and VAT Registration of sellers as also their Income-tax Return and payment was made through cheques, impugned purchases could not be disallowed
Where assessee had submitted purchase bills, transportation bills, confirmed copy of accounts and VAT Registration of sellers as also their…
Interesting case: Issue of Capital gain Exemption if Possession of plot could not be acquired due to developer’s failure
Interesting case: Issue of Capital gain Exemption if Possession of plot could not be acquired due to developer’s failure Varun…
Whether Co-owners of Property receiving rental income can be treated as AOP?
Whether Co-owners of Property receiving rental income can be treated as AOP? Conclusions : Co-owners having definite and ascertainable share…
Income from other sources-Fair market value of premium on share-Report of valuer under DCF method-Valuation done by valuer as per mandate of statute
Income from other sources—Fair market value of premium on share—Report of valuer under DCF method—Valuation done by valuer as per…
No addition can be made under Section 68 of the Income Tax Act 1961.
No addition can be made under Section 68 of the Income Tax Act 1961. Dcit, New Delhi vs M/S. Senorita Enterprises Pvt.…
Pre Budget Memorandum for Union Budget 2019 by ICAI
Pre Budget Memorandum for Union Budget 2019 by ICAI 5_6294174443715428476
TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS
TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS To give relief to small taxpayers from the…
Disallowance of the Input Tax Credit
Disallowance of the Input Tax Credit Bharat Raj Punj S/O Late Brij Raj … vs Commissioner Of Central Goods And…
Whether rectification/modification of the order of the Tribunal under section 254 Possible?
Whether rectification/modification of the order of the Tribunal under section 254 Possible? National Mineral Development … vs Dy. Commissioner Of Income…
Exchange Rates Notification No.88/2019-Customs (NT) Dated 05.12.2019
Exchange Rates Notification No.88/2019-Customs (NT) Dated 05.12.2019 csnt88-2019
Cancellation of Registration u/s 12A of the Income Tax Act,1961
Cancellation of Registration u/s 12A of the Income Tax Act,1961 Lilavati Kirtilal Mehta Medical … vs Cit -Cen (I), Mumbai…
Whether the payment of provident fund and employees state insurance dues deposited by the Assessee within the grace period would qualify for deduction under Section 43B of the Income Tax Act, 1961?
Whether the payment of provident fund and employees state insurance dues deposited by the Assessee within the grace period would…
Assessing Officer cannot, after conclusion of proceedings u/s 147, take aid of Explanation 3 to S. 147 to make any addition u/s 154.
Assessing Officer cannot, after conclusion of proceedings u/s 147, take aid of Explanation 3 to S. 147 to make any…
Admissibility of deduction under section 10AA pursuant to conversion of business loss into positive income due to disallowance
Admissibility of deduction under section 10AA pursuant to conversion of business loss into positive income due to disallowance short overview…
Validity : AO had adjusted the loss of one eligible unit against the profits of the other eligible unit and allowed deduction under section 80-IC on the balance amount.
Validity : AO had adjusted the loss of one eligible unit against the profits of the other eligible unit and…
Tax deduction at source u/s 195 on payment to non-resident towards order procurement services rendered outside India
Tax deduction at source u/s 195 on payment to non-resident towards order procurement services rendered outside India short overview :…
