Income Tax

Whether scrip-wise computation of Long Term Capital Gains (LTCG) from sale of Shares/Mutual Funds is required to be filled in ITR?

7 years ago

Whether scrip-wise computation of Long Term Capital Gains (LTCG) from sale of Shares/Mutual Funds is required to be filled in…

Income Tax

Whether date of filing revised return is relevant for carry forward of loss benefit?

7 years ago

Whether date of filing revised return is relevant for carry forward of loss benefit? Ashok Walia, Kolkata vs Department Of…

Income Tax

CBDT issues clarifications on return of income for AY 19-20

7 years ago

CBDT issues clarifications on return of income for AY 19-20 circular_18_2019

Income Tax

Revised Monetary Limits for filing of IT Appeals by the Income Tax Department

7 years ago

Revised Monetary Limits for filing of IT Appeals by the Income Tax Department Monetary Limits for filing of IT Appeals…

IT Judgement

Can unabsorbed depreciation be c/f in case the ROI filed after due date?

7 years ago

Can unabsorbed depreciation be c/f in case the ROI filed after due date? Unabsorbed Depreciation can be carried forward and set…

IT Judgement

Settlement Commissioner is free to grant further time for payment

7 years ago

Settlement Commissioner is free to grant further time for payment Settlement Commissioner is free to grant further time for payment…

IT Judgement

Common meeting point of flat makes it a single unit

7 years ago

Common meeting point of flat makes it a single unit When as assessee purchases two flats having a common meeting…

IT Judgement

Commision paid to doctors for referring patients for diagnosis is not allowable as a business expenditure.

7 years ago

Commision paid to doctors for referring patients for diagnosis is not allowable as a business expenditure. Have a look at…

Income Tax

ITC can be availed on full GST charged on undiscounted supply invoice of goods or services issued by supplier

7 years ago

ITC can be availed on full GST charged on undiscounted supply invoice of goods or services issued by supplier MRF…

IT Judgement

If the assessee fails to satisfy any one of the conditions of s. 271AAA(2), the assessee cannot escape the penalty u/s 271AAA(1) of the Act.

7 years ago

If the assessee fails to satisfy any one of the conditions of s. 271AAA(2), the assessee cannot escape the penalty…

Income Tax

ICSI demands power to carry out Tax Audit !!

7 years ago

ICSI demands power to carry out Tax Audit !! CS Institute also..!!

IT Judgement

Validity of Reassessment if no conclusive proof as to escapement of income at the stage of notice

7 years ago

Validity of Reassessment if no conclusive proof as to escapement of income at the stage of notice Short Overview : At…

IT Judgement

Unsecured loans & Addition under section 68

7 years ago

Unsecured loans & Addition under section 68 Short Overview : Where assessee had proved identity, creditworthiness of the lender and…

Income Tax

KNOW HOW TO SAVE TAX ON SALARY

7 years ago

Know how to save tax on salary At the end of every financial year, many tax payers frantically make investments…

IT Judgement

Upfront fee paid to bank for obtaining loan towards acquisition of capital asset is Capital or revenue expenditure?

7 years ago

Upfront fee paid to bank for obtaining loan towards acquisition of capital asset is Capital or revenue expenditure? Short Overview…

Income Tax

Order u s 119 of IT Act, 1961 – Processing of returns with refund claims under section 143(1) of the Income Tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases.

7 years ago

Order u s 119 of IT Act, 1961 – Processing of returns with refund claims under section 143(1) of the…

IT Judgement

AO is bound by the order passed by TPO as he is required to compute total income in conformity with the ALP determined by TPO.

7 years ago

AO is bound by the order passed by TPO as he is required to compute total income in conformity with…

IT Judgement

Interesring Issue : Services of lodging and supply of food to students is Composite supply v. mixed supply ?

7 years ago

Interesring Issue : Services of lodging and supply of food to students is Composite supply v. mixed supply ? 2019…

Income Tax

Whether scrip-wise computation of Long Term Capital Gains (LTCG) from sale of Shares/Mutual Funds is required to be filled in ITR?

Whether date of filing revised return is relevant for carry forward of loss benefit?

CBDT issues clarifications on return of income for AY 19-20

Revised Monetary Limits for filing of IT Appeals by the Income Tax Department

Can unabsorbed depreciation be c/f in case the ROI filed after due date?

Settlement Commissioner is free to grant further time for payment

Common meeting point of flat makes it a single unit

Commision paid to doctors for referring patients for diagnosis is not allowable as a business expenditure.

ITC can be availed on full GST charged on undiscounted supply invoice of goods or services issued by supplier

If the assessee fails to satisfy any one of the conditions of s. 271AAA(2), the assessee cannot escape the penalty u/s 271AAA(1) of the Act.

ICSI demands power to carry out Tax Audit !!

Validity of Reassessment if no conclusive proof as to escapement of income at the stage of notice

Unsecured loans & Addition under section 68

KNOW HOW TO SAVE TAX ON SALARY

Upfront fee paid to bank for obtaining loan towards acquisition of capital asset is Capital or revenue expenditure?

Order u s 119 of IT Act, 1961 – Processing of returns with refund claims under section 143(1) of the Income Tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases.

AO is bound by the order passed by TPO as he is required to compute total income in conformity with the ALP determined by TPO.

Interesring Issue : Services of lodging and supply of food to students is Composite supply v. mixed supply ?

Recent Posts

Recent Posts

Sign Up to New letter