Income TaxPDC ICAI has issued format of communication with banker alongwith checklist.7 years agoPDC ICAI has issued format of communication with banker alongwith checklist. My dear Professional Colleagues, I hope this communique will…
Income TaxDue date for ESI contribution for the month of February further extended to 15th May 2020 instead of earlier extended date 15th April, 2020.7 years agoDue date for ESI contribution for the month of February further extended to 15th May 2020 instead of earlier extended…
Income TaxInterest paid can be treated as the cost of assets even if the same is claimed as deduction u/s 24(b)7 years agoITAT Delhi in the case of Ashok Kumar Shahi Vs ACIT (Appeal Number : ITA No. 5155/DEL/2018) has held that…
Income TaxTDSConfusion Resolved : CBDT issued Circular regarding TDS on Salary Income vis a vis New Tax Option Under Section 115BAC7 years agoConfusion Resolved : CBDT issued Circular regarding TDS on Salary Income vis a vis New Tax Option Under Section 115BAC.…
Income TaxLevy of interest under s. 234B was not justified when there were conflicting decisions of the Tribunal7 years ago
Income TaxE-payment Era: If the last day of payment is a holiday or a day on which bank is closed, Whether interest is leviable for delay? – CA Naresh Jakhotia7 years agoE-payment Era: If the last day of payment is a holiday or a day on which bank is closed, Whether…
Income TaxICAI has approached to various Regulators requesting for relaxation in statutory filings Audit and other compliance due to on-going spurt of Covid-19.7 years agoICAI has approached to various Regulators requesting for relaxation in statutory filings Audit and other compliance due to on-going spurt…
Income Tax“कॅरोना वायरस का व्यापार पे असर”- By CA. R. L Kabra ji, Mumbai7 years ago“कॅरोना वायरस का व्यापार पे असर”- By CA. R. L Kabra ji, Mumbai कोरोना वायरस का कारोबार पर असर By…
Income TaxAll Trusts & Societies in Maharashtra required to contribute to the new ‘Epidemic Disease Relief Fund & Disaster Relief Fund7 years agoAll Trusts & Societies in Maharashtra required to contribute to the new ‘Epidemic Disease Relief Fund & Disaster Relief Fund An…
Income TaxWhether HUF can claim deduction u/s 80C by investing in the PPF account of its members?7 years agoQuery 1] We have read your informative article on “Date Extension of 31st March to 30th June 2020: Confusions & Clarification”.…
Income TaxWhen Partnership Firm was transformed into Private Limited Company, there was no distribution of assets and as such, there was no transfer and therefore no capital gain liability arise : CA Naresh Jakhotia7 years agoWhen Partnership Firm was transformed into Private Limited Company, there was no distribution of assets and as such, there was…
Income Tax“Transfer” presumes both the existence of asset and of the transferee, after the transfer. Non existence of any one will meant that there is no “Transfer”: Supreme Court7 years ago“Transfer” presumes both the existence of asset and of the transferee, after the transfer. Non existence of any one will…
Income TaxAll about “Employee Provident Fund (EPF) Advance Scheme to fight COVID – 19”7 years agoAll about “Employee Provident Fund (EPF) Advance Scheme to fight COVID – 19” Recently, Government has announced the scheme to…
Income TaxSince the position of tax liability was not clear to the assessee, advance tax was not paid: Whether interest u/s 234A, 234B & 234C can be waived?7 years agoSince the position of tax liability was not clear to the assessee, advance tax was not paid: Whether interest u/s…
Income TaxWhether interest can be waived if there is a delay in filing of income tax return due to “unavoidable circumstances”? : An Interesting case by Madras HC7 years agoWhether interest can be waived if there is a delay in filing of income tax return due to “unavoidable circumstances”:…
Capital GainIncome TaxWhether LTCG exemption can be withdrawn if the building is demolished within 3 years of its purchase?7 years agoWhether LTCG exemption can be withdrawn if the building is demolished within 3 years of its purchase? Query]…
Income TaxCOVID – 19 related FAQ on Corporate Social Responsibility (CSR) by MCA7 years agoCOVID – 19 related FAQ on Corporate Social Responsibility (CSR) by MCA COVID-19 ************************************************************************ For Tax & Corporate Law…
Income TaxDouble deduction of housing loan interest is possible: ITAT Delhi ruled in favor of the assessee7 years agoDouble deduction of housing loan interest is possible: ITAT Delhi ruled in favor of the assessee In the case of Sh.…