Income TaxMCA annoyed over ICAI issuance of clarification on rotation – Instructed to withdraw the same7 years agoMCA annoyed over ICAI issuance of clarification on rotation – Instructed to withdraw the same I am directed to refer…
Income TaxNo exemption u/s 54F if net consideration not utilized for deposit before due date specified u/s 139(1).7 years agoNo exemption u/s 54F if net consideration not utilized for deposit before due date specified u/s 139(1). Assessee is not…
Income TaxNo Penalty u/s 271AAA if Revenue itself failed to question in statement u/s 132 (4) the manner of deriving such income7 years agoNo Penalty u/s 271AAA if Revenue itself failed to question in statement u/s 132 (4) the manner of deriving such…
Income taxFiling of budget is a reportable matter for auditors under Bombay Public Trust Rules, 1951.7 years agoFiling of budget is a reportable matter for auditors under Bombay Public Trust Rules, 1951. Its an mportant compliance in…
IT JudgementOnus is on assessee to prove identity & creditworthiness of subscribers of share capital7 years agoOnus is on assessee to prove identity & creditworthiness of subscribers of share capital ITO vs. Yadu Steels & Power…
IT JudgementInteresting case: An adjournment cannot be sought on the ground that Counsel is out of station7 years agoInteresting case: An adjournment cannot be sought on the ground that Counsel is out of station Ram Siromani Tripathi vs.…
IT JudgementConversion of Cumulative compulsory convertible preference shares into equity shares is not a transfer7 years agoConversion of Cumulative compulsory convertible preference shares into equity shares is not a transfer Periar Trading Company Private Limited Vs…
IT JudgementAbsence of reasons on a factual issue in order of ITAT which was final authority on facts is itself a substantial question of law.7 years agoAbsence of reasons on a factual issue in order of ITAT which was final authority on facts is itself a…
IT JudgementIssue & Service of Notice U/s. 148 is to be complied mandatorily: ITAT7 years agoIssue & Service of Notice U/s. 148 is to be complied mandatorily: ITAT Charan Singh Vs ITO (ITAT Jaipur) ITA…
IT JudgementMisconduct Proceedings against CA for Sexual Harrassment is valid : HC7 years agoMisconduct Proceedings against CA for Sexual Harrassment is valid : HC Lalit Agrawal Vs ICAI & ANR (Delhi High Court)…
Income TaxPre-commencement Interest income is capital receipt7 years agoPre-commencement Interest income is capital receipt Assessee’s have been incorporated on 03-01-2011 with the object of generation of electricity from…
Income TaxImmediate compliance to be done by Companies7 years agoImmediate compliance to be done by Companies Immidiate Deadlines for Companies Sr. No Compliance to be done…
Income TaxVarious Perquisites Given Under The Income Tax 19617 years agoVarious Perquisites Given Under The Income Tax 1961 In India employees get many types of perquisite which are given…
IT JudgementTemporary discontinuance of business & deduction of business expenditure7 years agoTemporary discontinuance of business & deduction of business expenditure An overview: As intention of assessee to resume business was…
IT JudgementSeizure under GST of Cumin Seed (Zeera) and Fennel seed (Sauf) being perishable in nature7 years agoSeizure under GST of Cumin Seed (Zeera) and Fennel seed (Sauf) being perishable in nature Since the goods confiscated are…
IT JudgementCapital Gain exemption available even if new assets is purchased before furnishing of return of income belatedly u/s 139(4)7 years agoCapital Gain exemption available even if new assets is purchased before furnishing of return of income belatedly u/s 139(4) Though…
IT JudgementImmunity from penalty and prosecution & Settlement Commission7 years agoImmunity from penalty and prosecution & Settlement Commission In terms of the provisions of section 245H, no immunity from penalty…
IT JudgementInterest received by cooperative society on investment with cooperative banks & eligibility of deduction u/s 80P(2)7 years agoInterest received by cooperative society on investment with cooperative banks & eligibility of deduction u/s 80P(2) An overview: Where…