Allowability of depreciation on Non-compete fee
Allowability of depreciation on Non-compete fee short Overview: Depreciation on non-compete fee was allowable @ 25% by treating it as…
Income Tax
Extension of date for delay in filing of Form no. 10B (Audit Report by trust/institution) for Assessment Years 2016-17 and 2017-18 from 30.09.2019 to 31st March 2020
Extension of date for delay in filing of Form no. 10B (Audit Report by trust/institution) for Assessment Years 2016-17 and…
एक अच्छा लागू करने योग्य सुझाव आयकर दाता की तरफ से सरकार को : New Motor Vehicle Act के लिए
एक अच्छा लागू करने योग्य सुझाव आयकर दाता की तरफ से सरकार को : New Motor Vehicle Act के लिए…
Bogus LTCG from PennyStock after selling shares with profit of around 491% – Forget documentation andSee the observation of Delhi HC
Bogus LTCG from PennyStock after selling shares with profit of around 491% – Forget documentation andSee the observation of Delhi…
Addition on account of undisclosed stock/ production is not justified where no physical discrepancy was found/detected by the survey team and excess value of stock was merely because of difference in valuation of closing stock.
Addition on account of undisclosed stock/ production is not justified where no physical discrepancy was found/detected by the survey team…
Registration under section 12AA if Separate books of account not maintained for medical shop by assessee run by hospital
Registration under section 12AA if Separate books of account not maintained for medical shop by assessee run by hospital Short…
West Bengal Medical Services Corporation Ltd. – Governmental authority or not ?
West Bengal Medical Services Corporation Ltd. – Governmental authority or not ? 2019 TaxPub(GST) 0937 (AAR-WB) IN THE AUTHORITY FOR…
Income Tax : Transfer order of CCIT & PCIT
Income Tax : Transfer order of CCIT & PCIT OFFICE ORDER NO. 220 OF 2019 DATED 04.10.2019 FOR UPLOADING ON…
Be prepared now for e-Assessment : An Overview
Be prepared now for e-Assessment : An Overview e-Assessment 2019
Writ against CA rejected as petitioner-Co. was carrying on activity of filing complaints against CAs as organised activity
Writ against CA rejected as petitioner-Co. was carrying on activity of filing complaints against CAs as organised activity INCOME TAX/CHARTERED…
Validity of assessment on isuance of section 143(2) notice on the very same day of filing return
Validity of assessment on isuance of section 143(2) notice on the very same day of filing return Short Overvivew : Issuance…
Assessee would be entitled to claim deduction under section 36(1)(iii) with respect to provision for interest liability, which was accrued but not provided for.
Assessee would be entitled to claim deduction under section 36(1)(iii) with respect to provision for interest liability, which was accrued…
No additions if AO failed to show nexus between documents seized during search of third person and assessee
No additions if AO failed to show nexus between documents seized during search of third person and assessee [2019] 109 taxmann.com 202…
Lowest Income Tax Rate of 17.16% for New Manufacturing Companies
Lowest Income Tax Rate of 17.16% for New Manufacturing Companies A new section 115BAB is introduced in the Income Tax…
No hearing opportunity required if corrigendum issued to levy penalty under different sec. had no major impact.
No hearing opportunity required if corrigendum issued to levy penalty under different sec. had no major impact. Ramgopal Ochhavlal Maheshwari…
Whether to continue with the old rate or opt for new rate: A Comparison Tax Rate chart
Whether to continue with the old rate or opt for new rate: A Comparison Tax Rate chart Taxpayer now need…
Faceless & Jurisdiction free e-assessment scheme notified by CBDT
Faceless & Jurisdiction free e-assessment scheme notified by CBDT CBDI has finally notified the Income Tax E-assessment Scheme, 2019 w.e.f. 12th September,…
Government through the tax administration should help & provide a platform to assist the business to be tax compliant: An excellent judgment by ITAT Chandigarh.
Government through the tax administration should help & provide a platform to assist the business to be tax compliant: An…
