Income TaxDelayed payment of PF/ESIC Contribution & its deduction in the hands of the employer6 years agoDelayed payment of PF/ESIC Contribution & its deduction in the hands of the employer Query 1] From the salary…
Income TaxIT JudgementAssumption of jurisdiction u/s 147 cannot be sustained and is held as invalid in eyes of law.6 years agoAssumption of jurisdiction u/s 147 cannot be sustained and is held as invalid in eyes of law. M/s Krishna Homes…
Income TaxAnalysis: Rejection of books of accounts in the Income Tax Act – 19616 years agoAnalysis: Rejection of books of accounts in the Income Tax Act – 1961 Rejecting books of accounts & analysis of…
IT JudgementWhether the Appellate Tribunal has rightly allowed the respondent’s appeal to grant registration under Section 12A of the Income Tax Act, 19616 years agoWhether the Appellate Tribunal has rightly allowed the respondent’s appeal to grant registration under Section 12A of the Income Tax Act, 1961 …
IT JudgementLandmark Judgment : Non-service of section 148 Notice within stipulated period will result in invalid assessment6 years agoLandmark Judgment : Non-service of section 148 Notice within stipulated period will result in invalid assessment Short Overview : Though AO…
Income TaxEmployee’s contribution to PF/ESIC & other welfare funds are not eligible for deduction u/s 36(1)(va) of the Income Tax Act if it is paid after the due date specified under the relevant Act: CBDT6 years agoEmployee’s contribution to PF/ESIC & other welfare funds are not eligible for deduction u/s 36(1)(va) of the Income Tax Act…
Income TaxNo jurisdiction to the AO even if Assessee participates in the reassessment proceeding u/s 1476 years agoNo jurisdiction to the AO even if Assessee participates in the reassessment proceeding u/s 147 Attar Singh Vs ITO…
IT JudgementProsecution upheld by Delhi High Court for non-filing of return u/s 139(1) despite refund claim6 years agoProsecution upheld by Delhi High Court for non-filing of return u/s 139(1) despite refund claim Sec. 276CC of the Income…
IT JudgementDemonetization special: When books of account of the assessee are not reliable and rejected by the authorities then there is no reason to make addition u/s 40A(3)or section 68 of the Income Tax Act6 years agoDemonetization special: When books of account of the assessee are not reliable and rejected by the authorities then there is…
NotificationAmendment in Policy Condition of export of Rice (Basmati and Non -Basmati) to EU member States6 years agoAmendment in Policy Condition of export of Rice (Basmati and Non -Basmati) to EU member States Government of India Ministry…
NotificationAmendment of rule 10DA and rule 10DB regarding furnishing of information and maintenance of documents by Constituent Entity of an international group6 years agoAmendment of rule 10DA and rule 10DB regarding furnishing of information and maintenance of documents by Constituent Entity of an…
NotificationCompilation and Dissemination of favourable orders passed by the Hon’ble Courts pertaining to GST6 years agoCompilation and Dissemination of favourable orders passed by the Hon’ble Courts pertaining to GST Instruction-on-favourable-orders_090120
NotificationWillingness to fill up posts of Inspectors, Executive Assistant, Steno-Gr I, Head Hawildar, Hawildar and MTS at NACIN, Chennai6 years agoWillingness to fill up posts of Inspectors, Executive Assistant, Steno-Gr I, Head Hawildar, Hawildar and MTS at NACIN, Chennai Call_willingness
IT JudgementCapital Gain on Conversion of partnership firm into company if the land is revalued before the conversion and the appreciation credited to the current account of partners6 years agoCapital Gain on Conversion of partnership firm into company if the land is revalued before the conversion and the appreciation…
IT JudgementInteresting Judgment: Cost of construction of the building on the LEASEHOLD Land is a Revenue expenditure or Capital expenditure?6 years ago Interesting Judgment: Cost of construction of the building on the LEASEHOLD Land is a Revenue expenditure or Capital expenditure?…
IT JudgementAssessment made in the name of non-existent company is invalid and unsustainable in the eye of law.6 years agoAssessment made in the name of non-existent company is invalid and unsustainable in the eye of law. Short Overview The assessment…
Income TaxCBDT Responding Proactively : Grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-216 years agoCBDT Responding Proactively : Grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for…
NotificationAuction for Sale (Re-issue) of Government Stock (GS)6 years ago Auction for Sale (Re-issue) of Government Stock (GS) GSEC060120208F5AB6CEE1EB4AF5818F6B76FA613621