Income TaxApplicability of Form 15 CA & CB6 years agoApplicability of Form 15 CA & CB Whether for every foreign transaction taken place with Non Residence is required to…
Income TaxCBDT : Transfer/ Postings of several officers in the grade of Additional Commissioner / Joint Commissioner of Income Tax6 years agoCBDT : Transfer/ Postings of several officers in the grade of Additional Commissioner / Joint Commissioner of Income Tax The…
IT JudgementInteresting judgment on Availability of Input tax credit on Detachable Engineered Wood with Oak Wooden Flooring capitalised as furniture and fixture6 years agoInteresting judgment on Availability of Input tax credit on Detachable Engineered Wood with Oak Wooden Flooring capitalised as furniture and…
IT JudgementTransfer pricing & Computation of ALP : Notional interest accrued on account of delayed payment by AE, could not be treated as part of assessee’s income and made the subject-matter of the adjustments6 years ago Transfer pricing & Computation of ALP : Notional interest accrued on account of delayed payment by AE, could not…
Income TaxAll about Section 35A Expenditure on acquisition of patent rights or copyrights.6 years agoAll about Section 35A Expenditure on acquisition of patent rights or copyrights. 1) In respect of any expenditure of a…
Income TaxInterest incurred on loans taken for acquiring controlling interest in company of same line, would be allowable expenditure under section 36(1)(iii)6 years agoInterest incurred on loans taken for acquiring controlling interest in company of same line, would be allowable expenditure under section…
IT JudgementMerely because the assessee was not able to generate desired agricultural income from the said land and sold the said land within one year of would not change the character of agricultural land to a non-agricultural land. Assessee would be entitled to claim the benefit of exemption under section 10(1).6 years agoMerely because the assessee was not able to generate desired agricultural income from the said land and sold the said…
IT JudgementSupply of ice creams, chocolates, ice cream cakes and pizza cakes in an IBACO outlet is a Composite supply or not ?6 years agoSupply of ice creams, chocolates, ice cream cakes and pizza cakes in an IBACO outlet is a Composite supply or…
IT JudgementAllowability of ITC u/s 16 towards Electrical Works, Pumps, Pumping systems and tanks, Lighting system, Physical security system and Fire System6 years agoAllowability of ITC u/s 16 towards Electrical Works, Pumps, Pumping systems and tanks, Lighting system, Physical security system and Fire…
IT JudgementDeduction under section 36(1)(va) towards Employees’ contributions to PF, EST etc6 years agoDeduction under section 36(1)(va) towards Employees’ contributions to PF, EST etc short overview : Where assessee could not prove that…
Income TaxNo Income Tax Scrutiny if the Return filed is treated as Defective Returns6 years agoNo Income Tax Scrutiny if the Return filed is treated as Defective Returns Does it mean that such assessee are…
Income Tax“Corporate Compliance Calendar for the m/o December 2019”6 years ago“Corporate Compliance Calendar for the m/o December 2019” CORPORATE Compliance CALENDAR For the month of December, 2019 About Article:…
Income TaxSection 43(5) CBDT Notifies Trading in Derivatives on National Stock Exchange(NSE)6 years agoSection 43(5) CBDT Notifies Trading in Derivatives on National Stock Exchange(NSE) notification_no_100_2019
Income TaxCompliance Calendar for December -20196 years agoCompliance Calendar for December -2019 Chartered Accountant www.theTaxTalk.com Special Caution: 31st December 2019 Due date for…
IT JudgementPower of CIT(A) in respect of Fee under section 234E charged and cancelled holding TDS return as non-est6 years agoPower of CIT(A) in respect of Fee under section 234E charged and cancelled holding TDS return as non-est short overview…
IT JudgementSince Assessee has not tendered cogent evidence to explain as to how the shares in an unknown company had jumped to an higher amount in no time – It needs to be treated as Bogus LTCG6 years agoSince Assessee has not tendered cogent evidence to explain as to how the shares in an unknown company had jumped…
IT JudgementWhere Assessee is continuously in the business of exploration and production of oil, expenditure incurred by it on abandoned project is in normal course of its business and such expenditure is allowable as revenue expenditure6 years agoWhere Assessee is continuously in the business of exploration and production of oil, expenditure incurred by it on abandoned project…
IT JudgementProviding hostel and transport facility to students was incidental to achieve object of providing education & so is not in the nature of business6 years agoProviding hostel and transport facility to students was incidental to achieve object of providing education & so is not in…