IT JudgementLandmark Judgment – Prize money won in lucky draw wouldn’t amount to lottery income: ITAT6 years agoLandmark Judgment – Prize money won in lucky draw wouldn’t amount to lottery income: ITAT Tripura State Electricity Corporation…
IT JudgementJudgment with a Difference : Disallowance @ 30% of expenditure u/s Sec. 40(a)(ia) towards TDS default is retrospective in Nature6 years agoJudgment with a Difference : Disallowance @ 30% of expenditure u/s Sec. 40(a)(ia) towards TDS default is retrospective in Nature…
Income TaxSoon, Income Tax Department to issue PAN Instantly6 years agoSoon, Income Tax Department to issue PAN Instantly
IT JudgementWhether Penalty under section 271D is leviable on Cash loan received from father6 years agoWhether Penalty under section 271D is leviable on Cash loan received from father Short Overview : Since assessee had given reasonable…
IT JudgementValidity of penalty for Non-compliance of notice issued under section 142(1)/143(2) if Notices sent to old address of assessee-company6 years agoValidity of penalty for Non-compliance of notice issued under section 142(1)/143(2) if Notices sent to old address of assessee-company Short…
IT JudgementValidity of Addition made pursuant to search operation on the same subject matter, which was examined during original assessment6 years agoValidity of Addition made pursuant to search operation on the same subject matter, which was examined during original assessment Short…
IT JudgementNo Tax deduction at source under section 195 towards Fees for technical services if No technical knowledge made available by the supplier of services6 years agoNo Tax deduction at source under section 195 towards Fees for technical services if No technical knowledge made available by…
Income TaxSystem driven E-Assessment scheme to make 360 degree change in the working of Income Tax Department (II)6 years agoSystem driven E-Assessment scheme to make 360 degree change in the working of Income Tax Department (II) In the last…
Income TaxAddition towards on money in the property transactions without an opportunity of cross examination is a serious flaw and will render order as nullity6 years agoAddition towards on money in the property transactions without an opportunity of cross examination is a serious flaw and will…
Income TaxSAVE ENVIRONMENT SAVE TAX!! ALL ABOUT SECTION 80EEB6 years agoSAVE ENVIRONMENT SAVE TAX!! ALL ABOUT SECTION 80EEB SAVE ENVIRONMENT SAVE TAX
Income TaxIf depreciation is allowed on any assets in earlier year then AO cannot reject the claim of the assessee in the subsequent year on the WDV carried forward from the earlier assessment year.6 years agoIf depreciation is allowed on any assets in earlier year then AO cannot reject the claim of the assessee in…
Income TaxRight to use granted through licensing of a software is not “Royalty” for taxation u/s 9(1)(vi)6 years agoRight to use granted through licensing of a software is not “Royalty” for taxation u/s 9(1)(vi) Right to use granted…
Income TaxTax Trouble : Section 12A registration cancelled for 6 Trusts of Tata’s by Principal CIT6 years agoTax Trouble : Section 12A registration cancelled for 6 Trusts of Tata’s by Principal CIT The said trusts are as…
Income TaxExtention for filing Annual Accounts under Bombay Public Trust Act6 years agoExtention for filing Annual Accounts under Bombay Public Trust Act Extention for Trust accounts
IT Judgementlegal and binding responsibility lies upon Tribunal to decide appeal on merits, irrespective of appearance of assessee or his counsel before it or not6 years agolegal and binding responsibility lies upon Tribunal to decide appeal on merits, irrespective of appearance of assessee or his counsel…
Income TaxClarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 20196 years agoClarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 Circular Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (1)
Income TaxRepresentation for further Extension of T ax Audit Report & ITR filing Date to 15.11.20196 years agoRepresentation for further Extension of T ax Audit Report & ITR filing Date to 15.11.2019 Re-Representation TAR Extn. 15.11.2019