Person opting for getting accounts audited u/s 44AE will be subject to complete scrutiny?
Person opting for getting accounts audited u/s 44AE will be subject to complete scrutiny? Why there is a reference…
Income Tax
No addition undersection 69C can be sustained if it is on the basis of statement of 3rdparty without granting opportunity of cross-examination to assessee.
No addition undersection 69C can be sustained if it is on the basis of statement of 3rdparty without granting opportunity…
Tax Audit & Penalty of Rs. 10,000/- on chartered Accountants for error in the audit report
Tax Audit & Penalty of Rs. 10,000/- on chartered Accountants for error in the audit report The Tax Audit…
Burden of proof that the high denomination notes encashed on their demonetization constituted suppressed income of assessee, is on the Department
Burden of proof that the high denomination notes encashed on their demonetization constituted suppressed income of assessee, is on the…
Appeal in respect of Bogus LTCG not to be withdrawan even if it is within the specified Monetary limit : CBDT
Appeal in respect of Bogus LTCG not to be withdrawan even if it is within the specified Monetary limit :…
New Industrial Policy of Goverment of Maharashatra – 2019 notified
New Industrial Policy of Goverment of Maharashatra – 2019 notified New Industrial Policy of Goverment of Maharashatra - 2019 notified
Presumptive scheme of taxation for Transporter: Confusion& Clarification
Presumptive scheme of taxation for Transporter: Confusion& Clarification Maintenance of books of accounts, bills and voucher is a cumbersome…
Demonetization special: No addition warranted when assessee submitted books of account showing relevant entries of payment being made to them which resulted in cash in its books and also submitted affidavits of payers,
Demonetization special: No addition warranted when assessee submitted books of account showing relevant entries of payment being made to them…
No addition for cash deposit permissible if assessee has maintained regular cash book, all its account are audited & explained the cash deposits in the bank with cash book
No addition for cash deposit permissible if assessee has maintained regular cash book, all its account are audited & explained…
Meaning of Gross Vehicle Weight, Unladen Weight used insection 44AE & its Relevance
Meaning of Gross Vehicle Weight, Unladen Weight used insection 44AE & its Relevance Section 44AE presumes income of the person…
Additional claim can be allowed by CIT(A) and Tribunal even if assessee mistakenly fails to claim it in its return
Additional claim can be allowed by CIT(A) and Tribunal even if assessee mistakenly fails to claim it in its return…
CBDT Clarification on section 44AE
CBDT Clarification on section 44AE CBDT Clarification on section 44AE F.No.225/233/2019/ITA-II Government of India Ministry of Finance Department of Revenue Central…
Presumptive scheme of taxation for Transporter: Confusion& Clarification
Presumptive scheme of taxation for Transporter: Confusion& Clarification Maintenance of books of accounts, bills and voucher is a cumbersome process…
Whether the Lease Agreement between the Applicant Company i.e. the lessor and the Lessee for a period of 99 years is a Sale of immovable property and outside GST and is exempt from levy of GST?
Whether the Lease Agreement between the Applicant Company i.e. the lessor and the Lessee for a period of 99 years…
Input tax credit-Capital available against vehicle purchased for demonstration purpose
Input tax credit-Capital available against vehicle purchased for demonstration purpose Chowgule Industries (P) Ltd., In re GOA/GAAR/07 of 2018-19/4796 29…
Filing of Balance sheet before assessing officer doesn’t prove that the assessee is maintaining the books of accounts
Filing of Balance sheet before assessing officer doesn’t prove that the assessee is maintaining the books of accounts Mr. Pradeep…
Salman Khan Case: Criminal proceedings arising out of hunting and killing a black deer had nothing to do with his professional activity as an actor and so the amount paid is not allowable as deduction
Salman Khan Case: Criminal proceedings arising out of hunting and killing a black deer had nothing to do with his…
New e – assessment procedure in a flow chart
New e – assessment procedure in a flow chart New e - assessment procedure in a flow chart
