Gst ActsIncome TaxRATE OF TAX UNDER GST ON EXPENSES DEBITED TO TRADING, PROFIT & LOSS ACCOUNT13 Jul 20180 RATE OF TAX UNDER GST ON EXPENSES DEBITED TO TRADING, PROFIT & LOSS ACCOUNT Nature of Expense Rate of Tax…
IT JudgementAssessee is liable to deduct TDS on payment made to foreign commission agents?13 Jul 20180Assessee is liable to deduct TDS on payment made to foreign commission agents? DEPUTY COMMISSIONER OF INCOME TAX vs. THE…
Income TaxLaw Ministry seeks applications for appointment of Judicial and Accountant members in ITAT13 Jul 20180Law Ministry seeks applications for appointment of Judicial and Accountant members in ITAT The Ministry of Law and Justice issues…
IT JudgementAdditions can be made on account of sales of transaction?13 Jul 20180ASSISTANT COMMISSIONER OF INCOME TAX vs. TIRUPATI INFRABUILD P. LTD. ISSUE Whether additions can be made on account of sales…
ArticleIncome TaxMODES OF ENTRY INTO INTERNATIONAL MARKET13 Jul 20180MODES OF ENTRY INTO INTERNATIONAL MARKET WHY INTERNATIONAL BUSINESS? About a century ago,…
IT JudgementWhether employer is bound to deduct Tax at source for Foreign country travel of employees?12 Jul 20180Employer is bound to deduct Tax at source for Foreign country travel of employees? STATE BANK OF INDIA & ORS.…
IT JudgementEntertainment subsidy received under government scheme is a capital receipt?12 Jul 20180 Entertainment subsidy received under government scheme is a capital receipt? DEPUTY COMMISSIONER OF INCOME TAX vs. SHIPRA HOTELS LTD.…
Income TaxSteps taken for Reducing Tax Litigations12 Jul 20180Steps taken for Reducing Tax Litigations (from department side) The government today hiked the threshold limit for tax departments to…
IT JudgementOriginal assessment can be re-assessed because of change of opinion?12 Jul 20180Original assessment can be re-assessed because of change of opinion? INCOME TAX OFFICER vs. TECHSPAN INDIA PRIVATE LTD. & ANR.…
IT JudgementMere disclosure is enough for satisfying the authority?12 Jul 20180TAPAN KUMAR DUTTA vs. COMMISSIONER OF INCOME TAX ISSUE Mere disclosure made by assessee before the authority can be the…
ArticleJOURNEY OF TAXATION IN HUMAN LIFE…12 Jul 20180JOURNEY OF TAXATION IN HUMAN LIFE… In this article, I will try to correlate importance of tax planning in our…
IT JudgementWhether consideration paid for use of a trademark can be considered as a revenue expenditure? 12 Jul 20180HILTON ROULUNDS LTD. vs. COMMISSIONER OF INCOME TAX HIGH COURT OF DELHI ISSUE Whether consideration paid for use of a…
IT JudgementWhether capital gain arising from stock option is liable to capital gain tax?12 Jul 20180ADDITIONAL COMMISSIONER OF INCOME TAX vs. BHARAT V. PATEL SUPREME COURT OF INDIA ISSUE Whether capital gain arising from stock…
IT JudgementDeduction of lease equalization charges from lease rental income can be allowed?12 Jul 20180COMMISSIONER OF INCOME TAX vs. VIRTUAL SOFT SYSTEMS LTD. SUPREME COURT OF INDIA ISSUE Whether deduction on account of lease…
IT JudgementDeductions for payments of interest in case of assessee society?10 Jul 20180CHIKMAGALUR JILLA MAHILA SAHAKARA BANK NIYAMITHA vs. ASSISTANT COMMISSIONER OF INCOME TAX ISSUE Whether the payments made by way of…
IT JudgementNo Cost of Acquisition, No Capital Gain10 Jul 20180COMMISSIONER OF INCOME TAX vs. B.C. SRINIVASA SETTY SUPREME COURT OF INDIA P.N. Bhagwati, V.D. Tulzapurkar & R.S. Pathak, JJ.…
Income TaxBenami Transactions- Implications, Consequences & Analysis10 Jul 20180Benami Transactions- Implications, Consequences & Analysis History The act to prohibit benami transactions was enacted in 1988. It was ineffective…
IT JudgementFLIPKART INDIA PRIVATE LIMITED vs. ASSISTANT COMMISSIONER OF INCOME TAX10 Jul 20180FLIPKART INDIA PRIVATE LIMITED vs. ASSISTANT COMMISSIONER OF INCOME TAX BANGALORE TRIBUNAL N. V VASUDEVAN, JM & JASON P BOAZ,…