ArticleIncome TaxAll about deduction towards Mediclaim payment u/s 80D7 years agoAll about deduction towards Medi-claim payment u/s 80D There are options beyond section 80D which the taxpayers dont realises. One…
IT JudgementInteresting 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”7 years agoInteresting case wherein it is held that “CIT(A) decided the case against the assessee based on its own personal opinion…
Income TaxPress Note of Diwali Bonus by FM to boost economy : Heavy Tax Cut7 years agoPress Note of Diwali Bonus by FM to boost economy : Heavy Tax Cut PRESS NOTE Corporate tax rates slashed…
Income TaxDiwali Bonus by FM Nirmala Sutharaman : Mega announcement on taxation front7 years agoDiwali Bonus by FM Nirmala Sutharaman : Mega announcement on taxation front FM announces reduction in Corporate Tax rate as…
Income TaxNo penalty leviable if two views possible – Salman Khan Case7 years agoNo 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.…
Income TaxAnother Representation for Date Extension of ITR & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association (Direct Taxes), Ludhiana7 years agoAnother Representation for Date Extension of ITR & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association…
Income TaxApt 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.7 years agoApt representationby Karnataka State Chartered Accountants Association (KSCA): Taxability of services provided by an office of anorganisation in one State…
Income TaxPunjab Accountants Association : Representation for Date Extension7 years agoPunjab Accountants Association : Representation for Date Extension
IT JudgementDelhi High Court allowed petitioner to fileTrans -1 manually and to claim ITC therefrom7 years agoDelhi High Court allowed petitioner to fileTrans -1 manually and to claim ITC therefrom Krish Automotors Private Limited Vs Union…
Income TaxDisallowance made by AO without bringing anything on record to demonstrate that the expenses were not incurred for the purpose of business is not sustainable.7 years agoDisallowance made by AO without bringing anything on record to demonstrate that the expenses were not incurred for the purpose…
Income TaxAddition u/s 68 is justified where the assessee fails to furnish any evidence regarding identity and source of cash credits7 years agoAddition u/s 68 is justified where the assessee fails to furnish any evidence regarding identity and source of cash credits…
IT JudgementCIT (A) & Tribunal can allow deduction towards additional claim even if assessee fails to claim deduction in its return7 years agoCIT (A) & Tribunal can allow deduction towards additional claim even if assessee fails to claim deduction in its return ITO…
IT JudgementEducational 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 arrangement7 years agoEducational society not eligible for the benefit u/s 10(23C)(iiiad) when the income generated from running schools flows directly into a…
IT JudgementLandmark Judgment : No 40A(3) disallowance of transaction is genuine and pyaree is identifiable7 years agoLandmark Judgment : No 40A(3) disallowance of transaction is genuine and pyaree is identifiable Gayatri Build Associates Pvt Ltd Vs…
IT JudgementAcquiring flat from builder where construction to be done in phased manner is case of “purchase” for sec. 54F relief7 years agoAcquiring flat from builder where construction to be done in phased manner is case of “purchase” for sec. 54F relief…
Income TaxHC condoned delay in filing ITR as it was filed belatedly due to delay in pronouncement of ruling by AAR7 years agoHC condoned delay in filing ITR as it was filed belatedly due to delay in pronouncement of ruling by AAR…
Income TaxTrans 1 & ITC credit : Writ allowed by Delhi High Court7 years agoTrans 1 & ITC credit : Writ allowed by Delhi High Court Trans 1 & ITC credit : Writ allowed…
IT JudgementValidity 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 passed7 years agoValidity of order when AO had completed the assessment in the name of a company which had merged and was…