No matter what, Purchases cannot be treated as Bogus if they are duly supported by bills and other evidences
No matter what, Purchases cannot be treated as Bogus if they are duly supported by bills and other evidences PCIT…
Income Tax
Reporting under the new format of Tax Audit Report in 3CD : An awesome publication by BCAS
Reporting under the new format of Tax Audit Report in 3CD : An awesome publication by BCAS 4_5870604068904241258
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on the basis if information received from Investigation Wing without giving an opportunity of cross examination to the Assessee
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on…
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made available in the assessment proceedings itself
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made…
The order of provisional attachment before the assessment order is made, may be justified if the assessing authority is of the opinion that it is necessary to protect the interest of revenue.
The order of provisional attachment before the assessment order is made, may be justified if the assessing authority is of…
Capital Gain Tax & Relinquishment of right by assessee in favour of family members in bungalow jointly held by assessee
Capital Gain Tax & Relinquishment of right by assessee in favour of family members in bungalow jointly held by assessee…
Validity of Addition to Income if Assessee failed to explain source of investment in purchase of property
Validity of Addition to Income if Assessee failed to explain source of investment in purchase of property Short Overview : Where…
Important Clauses : Tax Audit Report vs. Income Tax Returns Forms
Important Clauses : Tax Audit Report vs. Income Tax Returns Forms TAR Vs ITR Checklist
Detention of goods & proceeding against transporter of goods
Detention of goods & proceeding against transporter of goods 2019 TaxPub(GST) 0953 (Mad-HC) IN THE MADRAS HIGH COURT SUNDAR, J.…
Former Tax Department Head Shri K.V.Chowdary joins RIL Board
Former Tax Department Head Shri K.V.Chowdary joins RIL Board
Builder earning rental income from unsold stock: Income from house property or income from business?
Builder earning rental income from unsold stock: Income from house property or income from business? ACIT Vs Ashapura Developers (ITAT…
Landmark Judgment: Scam has taken place in some penny stocks does not mean that all transactions in penny stocks can be regarded as bogus
Landmark Judgment: Scam has taken place in some penny stocks does not mean that all transactions in penny stocks can…
Re: Companies opting for old taxation rate for availing MAT credit will get benefit of 4.08% only in tax
Re: Companies opting for old taxation rate for availing MAT credit will get benefit of 4.08% only in tax Query]…
Mere mentioning of new address in the return of income is not enough.
Mere mentioning of new address in the return of income is not enough. Very important PCIT vs. IVen Interactive…
No denial of depreciation on trademark just because agreement on acquisition was entered into on post-dated stamp papers
No denial of depreciation on trademark just because agreement on acquisition was entered into on post-dated stamp papers [2019] 109 taxmann.com 404…
Interesting Judgment : Capital Receipt is not Taxable and so Sum received as damages from tenant for unauthorized occupation of property is not liable to taxation.
Interesting Judgment : Capital Receipt is not Taxable and so Sum received as damages from tenant for unauthorized occupation of…
System driven E-Assessment scheme to make 360 degree change in the working of Income Tax Department
System driven E-Assessment scheme to make 360 degree change in the working of Income Tax Department Income tax department…
Additions to income of assessee in respect of cash found during search at residential premises of his father-in – law who has accepted that cash is unjustified
Additions to income of assessee in respect of cash found during search at residential premises of his father-in – law…
