Relaxation to taxpayers of Kerala by Income Tax Department
Relaxation to taxpayers of Kerala by Income Tax Department In a recent order, the Central Board of Direct Taxes (CBDT)…
Income Tax
Sec 147 : Reassessment Notice Validity Original Assessment without scrutiny Subsequent information from Investigation Wing of Income Tax Department that the assessee could be having undisclosed income Information considered and notice issued Notice Valid.
Sec 147 : Reassessment Notice Validity Original Assessment without scrutiny Subsequent information from Investigation Wing of Income Tax Department that theassessee…
Bank Audit – 2019 Allotment Status
Bank Audit – 2019 Allotment Status March is the time of allotment of the bank audit and the banks have…
RBI Act was already having provision to bar acceptance of deposits by unincorporated Bodies
RBI Act was already having provision to bar acceptance of deposits by unincorporated Bodies Everyone is now talking a about “The…
Order for withdrawal of pending assessment (IBA) proceedings
Order for withdrawal of pending assessment (IBA) proceedings Order of withdrawal of pending Assessment proceeding (IBA) under MVAT Act and…
Acceptance of Unsecured loans & Banning of unregulated Deposit Scheme Ordinance-2019
Acceptance of Unsecured loans & Bannning of unregulated Deposit Scheme Ordinance-2019 In an attempt to protect the interest of innocent…
‘Casual Taxable Person’
‘Casual Taxable Person’ Introduction: “Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or…
Now issue, allotment, transfer of securities by an unlisted public company must be in dematerialised form
Now issue, allotment, transfer of securities by an unlisted public company must be in dematerialised form Ministry of Corporate…
Stricture against ITAT
Stricture against ITAT In the case of PCIT vs. N R Portfolio Pvt Ltd (W.P.(C) 10846/2016) the Hon’ble Delhi…
Whether Input Tax Credit available on purchase of Ambulance for employees of the Company?
Whether Input Tax Credit available on purchase of Ambulance for employees of the Company? Nipha Exports (P.) Ltd –…
ALL ABOUT CREDIT / DEBIT NOTES
ALL ABOUT CREDIT / DEBIT NOTES Credit and Debit notes covered under section 34 of the CGST act What…
Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016
Judicial Pronouncements under Insolvency and Bankruptcy Code, 2016 54365cibc43611-b
Offences and prosecution – Black Money (Undisclosed Foreign Income and Assets) Act, 2015 on Non-disclosure of Foreign Investments in return
Offences and prosecution – Black Money (Undisclosed Foreign Income and Assets) Act, 2015 on Non-disclosure of Foreign Investments in return…
Deduction claimed u/s 80IB(8A) could not be denied to assessee till such time assessee was approved as R&D organisation by prescribed authority.
Deduction claimed u/s 80IB(8A) could not be denied to assessee till such time assessee was approved as R&D organisation by…
Revision u/s 263 when Assessee claimed deduction as loan written back under OTS scheme, considering it as “ capital receipt” not liable to tax
Revision u/s 263 when Assessee claimed deduction as loan written back under OTS scheme, considering it as “ capital receipt”…
When assessee had provided all evidences of payment and payments were recorded in books of account, they were not liable to be added u/s 69C.
When assessee had provided all evidences of payment and payments were recorded in books of account, they were not liable…
Business Compliance Calendar for the month of March- 2019
02.03.2019 Due date for furnishing of challan-cum-statement in respect of tax deducted in the month of January, 2019 under section 194-IA(TDS…
Unexplained cash deposits in the bank account u/s. 69
Unexplained cash deposits in the bank account u/s. 69 Unexplained cash deposits in the bank account u/s. 69 – money…
