Allowability of depreciation if car is purchased by firm in the name of one of its partner
Allowability of depreciation if car is purchased by firm in the name of one of its partner short overview :…
Income Tax
Go Live of SAP based Filing of Appeal Applications under MVAT and CST Act Dated 30.11.2019
Go Live of SAP based Filing of Appeal Applications under MVAT and CST Act Dated 30.11.2019 Trade Circular 55 T…
Waiver of loan does not amount to cessation of trading liability
Waiver of loan does not amount to cessation of trading liability The Commissioner vs Mahindra And Mahindra Ltd. … on…
Rajasthan HC taking serious view against order passed by AO despite its instructions to keep it on hold
Rajasthan HC taking serious view against order passed by AO despite its instructions to keep it on hold HC Stay…
Determination of the Tax Liability in filling of GST Return
Determination of the Tax Liability in filling of GST Return HIGH COURT OF MADHYA PRADESH: BENCH AT INDORE DIVISION BENCH…
Applicant / accused is involved in fraudulent evasion of taxes and wrongful availing of the input tax credit by way of issuing bogus invoices
Applicant / accused is involved in fraudulent evasion of taxes and wrongful availing of the input tax credit by way…
Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act
Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act Direct Media Distribution … vs Pr.Cit…
Re-opening of assessment is not permissible for mere verification or for fishing inquiry
Re-opening of assessment is not permissible for mere verification or for fishing inquiry short overview : Re-assessment even if in case…
TDS Default : Provisions of section 271C are applicable for not only failure to deduct tax but also failure to remit tax deducted to Government account.
TDS Default : Provisions of section 271C are applicable for not only failure to deduct tax but also failure to…
Consequences of the non compliance of Section 20D(2) with respect to the acquisition proceedings
Consequences of the non compliance of Section 20D(2) with respect to the acquisition proceedings Nareshbhai Bhagubhai vs Union Of India…
CIT(A) erred in deleting the addition made on account of capitalization of share listing expenses and deleting the disallowance made on account of community Development (Donation) expenses u/s 37(1) of the Income Tax Act, 1961.
CIT(A) erred in deleting the addition made on account of capitalization of share listing expenses and deleting the disallowance made…
There is no “transfer” under Section 2(47)(v) of the Income Tax Act, 1961 read with Section 53-A of the Transfer of Property Act ,if possession is delivered to a developer in his capacity as licensee for the development of property and not in his capacity as transferee.
There is no “transfer” under Section 2(47)(v) of the Income Tax Act, 1961 read with Section 53-A of the Transfer of Property Act ,if…
Profit arising from sale of shares to assessee was to be regarded as business income where more than 200 transactions of sale and purchase of shares took place throughout year through various share brokers
Profit arising from sale of shares to assessee was to be regarded as business income where more than 200 transactions…
Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act
Whether the CIT was justified in invoking revisionary jurisdiction u/s 263 of the Act Direct Media Distribution … vs Pr.Cit…
ITAT held that Section 24(b) and Section 48 are covered under different heads and neither of the sections exclude operation of the other
ITAT held that Section 24(b) and Section 48 are covered under different heads and neither of the sections exclude operation…
Scheme containing the terms and conditions for the Empanelment of Chartered Accountants for the office of the Official Liquidator attached to the High Court of Gujarat Effective from 3.12.2019
Scheme containing the terms and conditions for the Empanelment of Chartered Accountants for the office of the Official Liquidator attached…
Penalty under Section 76 of the Finance Act, 1994 can be imposed for mere default/delay in payment of Service Tax in addition to the penalty under Section 78 and these penalties are mutually exclusive and even if offences are committed in the course of same transaction or arise out of same act, penalty is imposable for ingredients of both offences.”
Penalty under Section 76 of the Finance Act, 1994 can be imposed for mere default/delay in payment of Service Tax in addition…
Tariff Notification No. 90/2019-Customs (N.T.) dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Arecanut, Gold & Silver
Tariff Notification No. 90/2019-Customs (N.T.) dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy…
 dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Arecanut, Gold & Silver){kind=link}
 dated 13.12.2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Arecanut, Gold & Silver&description=&image=https://thetaxtalk.com/wp-content/uploads/2019/12/Untitled-1589-min.png){kind=link}