Income TaxFurthering Digital Payments – Waiver of Charges – National Electronic Funds Transfer (NEFT) System6 years agoFurthering Digital Payments – Waiver of Charges – National Electronic Funds Transfer (NEFT) System Furthering Digital Payments – Waiver of…
Income TaxSabka Vishwas (Legal Dispute Resolution) Scheme will not be extended beyond 31.12.20196 years agoSabka Vishwas (Legal Dispute Resolution) Scheme will not be extended beyond 31.12.2019
Income TaxIncome Tax Return Statistics for the Assessment-Year-2018-19 by CBDT6 years agoIncome Tax Return Statistics for the Assessment-Year-2018-19 by CBDT IT-Return-Statistics-Assessment-Year-2018-19
IT JudgementCIT ‘s order is contradictory to the provisions of section 119(2)(b) of the Income-tax Act by allowing the appeal of the assessee without appreciating the legal position that, if the return was not selected for the scrutiny assessment u/s. 143 of the Income tax Act6 years agoCIT ‘s order is contradictory to the provisions of section 119(2)(b) of the Income-tax Act by allowing the appeal of the assessee…
IT JudgementSection 56(2)(viia) cannot apply to a foreign company as Rule 11U(b)(ii) (prior to 01.04.2019) which defines “balance sheet‟ was not applicable to a foreign company.6 years agoSection 56(2)(viia) cannot apply to a foreign company as Rule 11U(b)(ii) (prior to 01.04.2019) which defines “balance sheet‟ was not applicable…
Income TaxIT Department Time Series Data from FY-2000-01 to FY 2018-1 9 by CBDT6 years agoIT Department Time Series Data from FY-2000-01 to FY 2018-1 9 by CBDT IT-Department-Time-Series-Data-FY-2000-01-to-2018-19
Income TaxThe Respondent has denied the benefit of Input Tax Credit( ITC) to the buyers of the flats being constructed by him is in contravention of the provisions of Section 171 (1) of the CGST Act, 20176 years agoThe Respondent has denied the benefit of Input Tax Credit( ITC) to the buyers of the flats being constructed by…
IT JudgementInteresting case: Capital gain Exemption if Payments towards purchase of plot is done prior to one year of capital gain exemption6 years agoInteresting case: Capital gain Exemption if Payments towards purchase of plot is done prior to one year of capital gain…
Income TaxThe tax rate applicable on the supply of construction service to land owner in lieu of transfer of development rights to the promoter’s portion is liable to tax @ 9% under CGST and 9% under KGST.6 years agoThe tax rate applicable on the supply of construction service to land owner in lieu of transfer of development rights…
IT JudgementSupreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return6 years agoSupreme Court has stayed a Gujarat HC order, which held that GSTR 3B is not a return The Supreme Court…
IT JudgementCarry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance Act, 20016 years agoCarry forward and set-off of Unabsorbed depreciation & Effect of Circular No. 14 of 2001 with amendment by the Finance…
IT JudgementApplicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders6 years agoApplicability of Tax deduction at source u/s 195 on Commission paid to foreign agents for procuring export orders short overview…
IT JudgementExpenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure?6 years agoExpenditure incurred towards installation of software where no enduring benefit is conferred is a Capital or revenue expenditure? short overview…
Income TaxIDS tax payment date extended till 31/01/20206 years agoIDS tax payment date extended till 31/01/2020 Govt. notifies that persons who have made declaration under the Income Declaration Scheme,…
Income TaxTemporary Diversion of 7 posts of Pr. Commissioner/Pr.ADG and Commissioner/ADG of CBIC for drawal of pay and allowances6 years agoTemporary Diversion of 7 posts of Pr. Commissioner/Pr.ADG and Commissioner/ADG of CBIC for drawal of pay and allowances order12adminwing_1612
IT JudgementLandmark Judgment : Section 54 exemption is available if assessee purchases multiple residential units in same building6 years agoLandmark Judgment : Section 54 exemption is available if assessee purchases multiple residential units in same building Smt. Minal Nayan…
Income TaxSpecial Taxation provision for Joint Development Agreement [JDA]6 years agoSpecial Taxation provision for Joint Development Agreement [JDA] Timing of taxation is one of the most crucial & controversial issues…
IT JudgementWhether purchases corresponding to the excess stock found during Survey would be allowed as deduction ?6 years agoWhether purchases corresponding to the excess stock found during Survey would be allowed as deduction ? short overview : When the…