IT JudgementCIT(A) can not refuse to adjudicate the additional grounds raised by the assessee if directed by ITAT7 years agoCIT(A) can not refuse to adjudicate the additional grounds raised by the assessee if directed by ITAT Agrico Fincap Ltd…
Income TaxAddition is justified u/s 68 as shares issued at huge premium were subscribed by persons having nominal income7 years agoAddition is justified u/s 68 as shares issued at huge premium were subscribed by persons having nominal income ITAT justified…
Income TaxExtension of Filing of one time return in DPT -3 Form7 years agoExtension of Filing of one time return in DPT -3 Form As per Rule 16A(3) of the Companies (Acceptance of…
Income TaxPremium paid on acquisition of securities can be amortized if they are acquired at a rate higher than the face value7 years agoPremium paid on acquisition of securities can be amortized if they are acquired at a rate higher than the face…
Income TaxIndians going abroad & Taxation thereof7 years agoIndians going abroad & Taxation thereof Number of students & others going abroad is on the rise. The question arises…
IT JudgementInteresting Judgement: Period of holding commences from the date of agreement to purchase and date of possession is irrelevant .7 years agoInteresting Judgement: Period of holding commences from the date of agreement to purchase and date of possession is irrelevant .…
Income TaxForget sale deed. Compute capital gain from the date of agreement- Interesting case in favor of taxpayer7 years agoForget sale deed. Compute capital gain from the date of agreement- Interesting case in favor of taxpayer An interesting case…
Income TaxDeferrement of SA 701 by 2 years7 years agoDeferrement of SA 701 by 2 years No. 01/33/2013-CL.V (Pt.) Government of India Ministry of Corporate Affairs 5th Floor, A…
Income TaxAssessment framed by AO u/s 143(3) against a non-existent entity despite being informed about merger of assessee company with its holding company is liable to be quashed7 years agoAssessment framed by AO u/s 143(3) against a non-existent entity despite being informed about merger of assessee company with its…
Income TaxRepresentation ICSI against ROC view on LLP7 years agoRepresentation ICSI against ROC view on LLP Representation ICSI against ROC view on LLP
Income TaxTracking mechanism from July 1 by insurer7 years agoTracking mechanism from July 1 by insurer To improve service and ensure timely settlement of claims, the insurance regulator has…
Income TaxImportant : Restricting the scope of LLP activities7 years agoImportant : Restricting the scope of LLP activities
Income TaxRaipur : Jewellery Businessmen filed complain against Income Tax Officer7 years agoRaipur : Jewellery Businessmen filed complain against Income Tax Officer
Income TaxRectification petition filed beyond the time limit set out in s. 254(2) is liable to be dismissed being time barred.7 years agoRectification petition filed beyond the time limit set out in s. 254(2) is liable to be dismissed being time barred.…
Income TaxAssumption of revisional jurisdiction by CIT u/s 263 without pointing out exact error committed by AO and directed AO to make detailed and roving enquires is unsustainable in law.7 years agoAssumption of revisional jurisdiction by CIT u/s 263 without pointing out exact error committed by AO and directed AO to…
GSTIncome TaxWhether GST paid along with Insurance premium is also eligible for deduction u/s 80C & 80D ?7 years agoThis is an interesting question raised by thr readers of our portal. Let us discuss. Section 80C and Section 80D…
Income TaxBogus Share Premium: No reason to interfere. SLP dismissed by SC7 years agoBogus Share Premium: No reason to interfere. SLP dismissed by SC PCIT vs. Chain House International (P) Ltd (Supreme Court)…
Income TaxCBDT extends due date for filing of report in respect of International group of subsidiaries of USA residents7 years agoCBDT extends due date for filing of report in respect of International group of subsidiaries of USA residents cbdt-extends-due-date-for-filing-of-report-in-respect-of-international-group-of-subsidiaries-of-usa-residents