Violation of section 11 & 13 of the Act would result in forfeiture of exemption?
Violation of section 11 & 13 of the Act would result in forfeiture of exemption? An interesting case before ITAT…
Income Tax
Diwali Bonus by Modi Government : Biggest corporate tax rate cut
Diwali Bonus by Modi Government : Biggest corporate tax rate cut The biggest tax bonanza by the Modi Government by way of…
Simple Chart of Reduction in Corporate Tax Rates announced on 20th September:
Simple Chart of Reduction in Corporate Tax Rates announced on 20th September: [www.TheTaxTalk.com] Sr. No. Applicable to New Tax Rate…
Demonetization special: Validity of submission that high denomination notes were savings from his personal allowance,
Demonetization special: Validity of submission that high denomination notes were savings from his personal allowance SRI SRI NILKANTHA NARAYAN SINGH…
Demonetization special: Addition upheld as the conduct of the assessee was wholly non-cooperative before the AO
Demonetization special: Addition upheld as the conduct of the assessee was wholly non-cooperative before the AO Karan Bhalla, New Delhi…
Where having regard to human probabilities and normal course of human conduct, explanation furnished by assessee as regards cash deposits in his bank account was not wholesome and verifiable, AO was justified in making addition under section 68
Where having regard to human probabilities and normal course of human conduct, explanation furnished by assessee as regards cash deposits…
Demonetization special cases: Assessee is not required to prove the source of receipt of high denomination notes
Demonetization special cases: Assessee is not required to prove the source of receipt of high denomination notes LAKSHMI RICE MILLS…
HC sets-aside sale of property attached 22 years ago for recovery of tax dues
HC sets-aside sale of property attached 22 years ago for recovery of tax dues Sapana Charudatt Ranadive v. ACIT –…
INCOME TAX LAW (AMENDMENT) ORDINANCE 2019
INCOME TAX LAW (AMENDMENT) ORDINANCE 2019 INCOME TAX LAW (AMENDMENT) ORDINANCE 2019
When assessee has failed to prove the creditworthiness of the cash deposits (Capital) in the partnership firm, same is liable to be treated as unexplained capital u/s 68.
When assessee has failed to prove the creditworthiness of the cash deposits (Capital) in the partnership firm, same is liable…
Directing the AO to decide the issue afresh i.e., for making rowing enquiry is not permissible u/s.263
Directing the AO to decide the issue afresh i.e., for making rowing enquiry is not permissible u/s.263 ITAT RANCHI M/S…
All about deduction towards Mediclaim payment u/s 80D
All about deduction towards Medi-claim payment u/s 80D There are options beyond section 80D which the taxpayers dont realises. One…
Interesting case wherein it is held that “CIT(A) decided the case against the assessee based on its own personal opinion without any material available on record thus the finding rendered by the CIT(A) is perverse”
Interesting case wherein it is held that “CIT(A) decided the case against the assessee based on its own personal opinion…
Press Note of Diwali Bonus by FM to boost economy : Heavy Tax Cut
Press Note of Diwali Bonus by FM to boost economy : Heavy Tax Cut PRESS NOTE Corporate tax rates slashed…
Diwali Bonus by FM Nirmala Sutharaman : Mega announcement on taxation front
Diwali Bonus by FM Nirmala Sutharaman : Mega announcement on taxation front FM announces reduction in Corporate Tax rate as…
No penalty leviable if two views possible – Salman Khan Case
No penalty leviable if two views possible – Salman Khan Case Salman Khan Vs. ACIT (ITAT Mumbai) [ I.T.A. No.2559/Mum/2013, I.T.A.…
Another Representation for Date Extension of ITR & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association (Direct Taxes), Ludhiana
Another Representation for Date Extension of ITR & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association…
Apt representationby Karnataka State Chartered Accountants Association (KSCA): Taxability of services provided by an office of anorganisation in one State to the office of that organisation in another Stateto Smt. Nirmala Sitharaman, Hon. Union Minister of Finance.
Apt representationby Karnataka State Chartered Accountants Association (KSCA): Taxability of services provided by an office of anorganisation in one State…
: Taxability of services provided by an office of anorganisation in one State to the office of that organisation in another Stateto Smt. Nirmala Sitharaman, Hon. Union Minister of Finance.){kind=link}
: Taxability of services provided by an office of anorganisation in one State to the office of that organisation in another Stateto Smt. Nirmala Sitharaman, Hon. Union Minister of Finance.&description=&image=https://thetaxtalk.com/wp-content/uploads/2019/09/Untitled-24-min.png){kind=link}