Income TaxInheritance Tax – Are we ready7 years agoInheritance Tax – Are we ready Rumours & Sentiments are high on the possible re-introduction of Inheritance Tax in the…
Income TaxIT JudgementTransfer Order of Asst. Commissioner & Dy.Comm of Income Tax7 years agoTransfer Order of Asst. Commissioner & Dy.Comm of Income Tax Order No. 142 of 2019 Transfer Order of Asst. Commissioner…
Company LawGSTIncome TaxIT Judgementother topicTDSBusiness Compliance Calendar for the month of July 20197 years ago Business Compliance Calendar for the month of July 2019 Special Caution: – Annual return of income for the assessment…
Income TaxPayment made for conduct of examination through affiliated centers and TDS U/s 194J7 years agoPayment made for conduct of examination through affiliated centers and TDS U/s 194J Short Overview: In absence of any material…
Income TaxWhether different view on same set of material as available at the time of original assessment can be taken for return filed u/s 153A ?7 years agoWhether different view on same set of material as available at the time of original assessment can be taken for…
Income TaxMere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient to attract protection : Karnataka HC7 years agoMere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient…
Income TaxAddition under section 68 towards Long-term capital gain on sale of shares deleted by ITAT Delhi7 years agoAddition under section 68 towards Long-term capital gain on sale of shares deleted by ITAT Delhi Income Tax Act, 1961, Section…
Income TaxCBDT expands Terms of Reference for drafting new Direct Tax Law7 years agoCBDT expands Terms of Reference for drafting new Direct Tax Law Notification F.no. 370149/230/2017, dated 24-06-2019 The Central Board of…
IT JudgementLandmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land7 years agoLandmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land Kolkata ITAT in Naiyer…
IT JudgementBall pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT7 years agoBall pens & medical gifts given to doctors by Pharma Co with its logo aren’t freebies: ITAT Aishika Pharma (P.)…
Income TaxAdhoc disallowance of expenses without finding any specific defects in books of account not justified7 years agoAdhoc disallowance of expenses without finding any specific defects in books of account not justified M/s Vijay Infrastructure Limited Vs…
IT JudgementDisallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income7 years agoDisallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income Karnataka High…
Income TaxMaking a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of income.7 years agoMaking a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of…
Income TaxIs it worthwhile to reintroduce Estate Duty or Inheritance Tax?7 years agoIs it worthwhile to reintroduce Estate Duty or Inheritance Tax? However, is it worthwhile? 13 countries in the last 20…
Income TaxIs it worthwhile to reintroduce Estate Duty or Inheritance Tax?7 years agoIs it worthwhile to reintroduce Estate Duty or Inheritance Tax? However, is it worthwhile? 13 countries in the last 20…
Income TaxRate of Estate or Inheritance Tax in few Countries7 years agoRate of Estate or Inheritance Tax in few Countries If reintroduced, what will be rate of estate duty? Let us…
Income TaxTHE ESTATE DUTY ACT, 1953 WILL BE BACK?7 years agoTHE ESTATE DUTY ACT, 1953 WILL BE BACK? There are the chances that the Estate Duty Act or Inheritance Tax…
Income TaxBe careful & cautious :Prosecution can be launched even if there is a time for filing income tax return u/s 139(4) if return is not filed u/s 139(1) & notice is issued u/s 142(1)7 years agoBe careful & cautious :Prosecution can be launched even if there is a time for filing income tax return u/s…