Punjab Accountants Association : Representation for Date Extension
Punjab Accountants Association : Representation for Date Extension
Income Tax
Delhi High Court allowed petitioner to fileTrans -1 manually and to claim ITC therefrom
Delhi High Court allowed petitioner to fileTrans -1 manually and to claim ITC therefrom Krish Automotors Private Limited Vs Union…
Disallowance made by AO without bringing anything on record to demonstrate that the expenses were not incurred for the purpose of business is not sustainable.
Disallowance made by AO without bringing anything on record to demonstrate that the expenses were not incurred for the purpose…
Addition u/s 68 is justified where the assessee fails to furnish any evidence regarding identity and source of cash credits
Addition u/s 68 is justified where the assessee fails to furnish any evidence regarding identity and source of cash credits…
CIT (A) & Tribunal can allow deduction towards additional claim even if assessee fails to claim deduction in its return
CIT (A) & Tribunal can allow deduction towards additional claim even if assessee fails to claim deduction in its return ITO…
Educational society not eligible for the benefit u/s 10(23C)(iiiad) when the income generated from running schools flows directly into a commercial entity on the basis of a profit sharing arrangement
Educational society not eligible for the benefit u/s 10(23C)(iiiad) when the income generated from running schools flows directly into a…
Landmark Judgment : No 40A(3) disallowance of transaction is genuine and pyaree is identifiable
Landmark Judgment : No 40A(3) disallowance of transaction is genuine and pyaree is identifiable Gayatri Build Associates Pvt Ltd Vs…
Acquiring flat from builder where construction to be done in phased manner is case of “purchase” for sec. 54F relief
Acquiring flat from builder where construction to be done in phased manner is case of “purchase” for sec. 54F relief…
HC condoned delay in filing ITR as it was filed belatedly due to delay in pronouncement of ruling by AAR
HC condoned delay in filing ITR as it was filed belatedly due to delay in pronouncement of ruling by AAR…
Trans 1 & ITC credit : Writ allowed by Delhi High Court
Trans 1 & ITC credit : Writ allowed by Delhi High Court Trans 1 & ITC credit : Writ allowed…
Validity of order when AO had completed the assessment in the name of a company which had merged and was not in existence on the date the assessment order was passed
Validity of order when AO had completed the assessment in the name of a company which had merged and was…
Commencement of construction of new residential house before transfer of original asset & validity of capital gain exemption
Commencement of construction of new residential house before transfer of original asset & validity of capital gain exemption Short Overview…
Taxation of Non Resident Indian (NRI) : Few Frequently Asked Questions
Taxation of Non Resident Indian (NRI) : Few Frequently Asked Questions [Assessment Year 2019-20] · I am a non-resident. The…
Benefits available to Non- Residents in Income TaxAct – 1961
Benefits available to Non- Residents in Income TaxAct – 1961 Here is a compilation of all the Tax benefits available…
Validity of Assessment if requirement of issuance of notice within prescribed time under section 143(2) is not adhered
Validity of Assessment if requirement of issuance of notice within prescribed time under section 143(2) is not adhered Short Overview…
Alleged undisclosed turnover not to be considered while determining prescribed limit of audit under section 44AB
Alleged undisclosed turnover not to be considered while determining prescribed limit of audit under section 44AB Short Overvivew: Addition made by…
Additional depreciation on Motor Vehicle : An attempt to revive the Industry
Additional depreciation on Motor Vehicle : An attempt to revive the Industry
Section 14A can be invoked only if assessee seeks to square off the expenditure against the income which does not form the part of the total income
Section 14A can be invoked only if assessee seeks to square off the expenditure against the income which does not…
