Interesting Judgement: Capital Gain exemption u/a 54F is available even on depreciable assets
Interesting Judgement: Capital Gain exemption u/a 54F is available even on depreciable assets Short overview: Deeming fiction of section 50…
Income Tax
If Benefit of Input Tax Credit is denied to buyers of flat then liable for penalty under section 122(1)(i)
If Benefit of Input Tax Credit is denied to buyers of flat then liable for penalty under section 122(1)(i) 2019…
Fresh information from VAT authorities regarding bogus purchase is valid ground for reopening of assessment
Fresh information from VAT authorities regarding bogus purchase is valid ground for reopening of assessment Short overview: Fresh and tangible…
Bombay High Court directs revenue to penalise TDS defaulters under IPC also
Bombay High Court directs revenue to penalise TDS defaulters under IPC also Where assessee contended that due to non-furnishing of…
Sec 80AB, 80HH Deduction can be without deducting Depreciation and Investment Allowance out of “Income”
Sec 80AB, 80HH Deduction can be without deducting Depreciation and Investment Allowance out of “Income” Sec 80AB, 80HH : Hotel…
Bank Audit Special : FAQs in relation to UDIN
Bank Audit Special : FAQs in relation to UDIN FAQs in relation to UDIN for Bank Audit: 1. Whether UDIN…
Failure to attend proceedings can’t be a ground to reject application for condonation of delay: Bombay HC
Failure to attend proceedings can’t be a ground to reject application for condonation of delay: Bombay HC Failure to attend…
Date for linking Aadhaar with PAN extended to 30.09.2019
Date for linking Aadhaar with PAN extended to 30.09.2019 The government has extended the cut-off date for linking Aadhaar with…
Bank Audit Special – Guide for the First Time Auditors & articles Assistants of branch Audit
Bank Audit Special – Guide for the First Time Auditors & articles Assistants of branch Audit 1.RBI master circular on…
Statutory Bank Audits : UDIN mandatory or not
Statutory Bank Audits : UDIN mandatory or not You may be aware that Unique Document Identification Number (UDIN) has…
Taxpayer Alert! Income Tax Rules that are effective from April, 2019
Taxpayer Alert! Income Tax Rules that are effective from April, 2019 As we are beginningwith a new financial year, i.e.…
Bank audit special: Be careful while doing Bank Audit
Bank audit special: Be careful while doing Bank Audit
IT Department to probe 3 Lakh unregistered firms for Money Laundering
IT Department to probe 3 Lakh unregistered firms for Money Laundering
CBDT on Verification of suspicious transactions in case of struck-off companies
CBDT on Verification of suspicious transactions in case of struck-off companies No. 225/442/2018/ITA-II Government of India Ministry of Finance Department…
Dharma Productions of Karan Johar’s got a tax relief from High Court – Deduction allowed
Dharma Productions of Karan Johar’s got a tax relief from High Court – Deduction allowed Karan Johar can finally take…
Know about Angel Investor, Start up and Angel Tax
Know about Angel Investor, Start up and Angel Tax Angel investors, also called seed investors, are normally high net-worth individuals…
Bihar special: Direct tax collection rise by 36%
Bihar special: Direct tax collection rise by 38%
Bank audit Special : No tax Audit at Branch Level in SBI now
Bank audit Special : No tax Audit at Branch Level in SBI now
