AO need to consider the reply submitted by Assessee related to cash deposit for Reassessment: Gujarat HC
AO need to consider the reply submitted by Assessee related to cash deposit for Reassessment: Gujarat HC Hemant…
Income Tax
HC reduced pre-deposit of tax amount from 20% to 10% on genuine grounds
HC reduced pre-deposit of tax amount from 20% to 10% considering high tax demand raised against assessee Dalpatsinh Ukabhai Vasava…
Penny stock : Tax Effect limit for filing appeal by Revenue Removed
Penny stock : Tax Effect limit for filing appeal by Revenue Removed Doc1 (1)
Assessing Officer has a legal obligation to implement the order of the ITAT strictly and such failure would result in the failure of justice: Karnataka HC
Assessing Officer has a legal obligation to implement the order of the ITAT strictly and such failure would result in…
Death of a CA – Not a reasonable cause for dropping the penalty for delay in audit
Death of a CA – Not a reasonable cause for dropping the penalty for delay in audit …
Delhi HC imposes penalty on a company for filing various frivolous petitions against CA, CA Firms
Delhi HC imposes penalty on a company for filing various frivolous petitions against CA, CA Firms Wholesale Trading…
ICSI requested for inclusion of Company Secretary in the Definition of “Accountant” in IT Act
ICSI requested for inclusion of Company Secretary in the Definition of “Accountant” in IT Act THE INSTITUTE OF Company Secretaries…
Capital Gain computation: Whether indexation benefit isavailable from the date of payment or from the date of purchase deed?
Capital Gain computation: Whether indexation benefit is available from the date of payment or from the date of purchase deed?…
Why FM should scrap the concept of notional taxation on the basis of ready recknoner value?
Why FM should scrap the concept of notional taxation on the basis of ready recknoner value? Income tax is…
Whether a pre-shipment advance out of which cash/trade discount was deducted by foreign party as per written trade agreement, can be construed as ‘interest’ u/s 2(28)
Whether a pre-shipment advance out of which cash/trade discount was deducted by foreign party as per written trade agreement, can…
An interesting Judgment: “cost of the residential house so purchased” in s. 54 is not confined to the cost of civil construction but includes furniture and fixtures if they are an integral part of the purchase.
An interesting Judgment: “cost of the residential house so purchased” in s. 54 is not confined to the cost of civil…
Capital gain exemption: A property may have been purchased as areadymade unit but that does not restricts the buyer from incurring anybonafide construction expenditure on improvisation or supplementary work
Capital gain exemption: A property may have been purchased as a readymade unit but that does not restricts the buyer from…
The requirement in s. 54(2) that the capital gains should be deposited in the CGAS scheme is merely an enabling provision. Cpaital gain exemption admissible even if it is not done so.
The requirement in s. 54(2) that the capital gains should be deposited in the CGAS scheme is merely an enabling…
Whether capital gain exemption u/s 54 is available against unregistered agreement for purchase of property?
Whether capital gain exemption u/s 54 is available against unregistered agreement for purchase of property? Gautam Jhunjhunwala vs. ITO…
Strictures passed by Bombay HC against department for casual and careless representation despite huge revenue implications.
Strictures passed by Bombay HC against department for casual and careless representation despite huge revenue implications. CIT vs.…
Knowabout Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 – A short write up
Knowabout Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 – A short write up Budget 2019 will always be remembered for…
Guidelines for manual selection of income tax returns for complete scrutiny
CBDT Issues Guidelines for manual selection of income tax returns for complete scrutiny cbdt-issues-guidelines-for-manual-selection-of-returns-for-complete-scrutiny.aspx
Local transfer of JCIT / Addl.CIT at Nagpur CC office !!
Local transfer of JCIT / Addl.CIT at Nagpur CC office !! Local transfer of JCIT / Addl.CIT at Nagpur CC…
