CBDT Circular Reg Implications U/s 56(2)(viia) For Issue Of Shares
CBDT Circular Reg Implications U/s 56(2)(viia) For Issue Of Shares Circular No. 03/2019 F. No. 173/616/2018-ITA.I Government of India Ministry…
Income Tax
Re-assessment Proceeding: AO cannot proceed mechanically and on erroneous information supplied to him by investigation wing.
Re-assessment Proceeding: AO cannot proceed mechanically and on erroneous information supplied to him by investigation wing. Section 147: Even in…
Date of allotment is the date of acquisition of the property
Date of allotment is the date of acquisition of the property Section 45 Capital Gains: The allottee gets title to…
Provisions of Income Tax Act do not mandate interest on interest: HC
Provisions of Income Tax Act do not mandate interest on interest: HC The issue before the bench is whether non-grant…
Appeal of Anil Kapoor Film Co. Pvt. Ltd dismissed by ITAT
Appeal of Anil Kapoor Film Co. Pvt. Ltd dismissed by ITAT Facts & views: The assessee is in the business…
Got income tax notice for not filing ITR? Step by step guide to reply it
Got income tax notice for not filing ITR? Step by step guide to reply it Around 21000 Notices are issued…
All expenses towards creation of a new asset or for enhancing capacity of existing asset are in nature of capital expenditure
All expenses towards creation of a new asset or for enhancing capacity of existing asset are in nature of capital…
Supply of UPS along with battery should be considered as ‘Mixed Supply’: AAR
Supply of UPS along with battery should be considered as ‘Mixed Supply’: AAR Fact of the case: The appellant supplies…
No E-Way bill if transportation of personal effects:HC
No E-Way bill if transportation of personal effects:HC Facts of the case: An individual purchased a car from a…
Clarification on Refund of accumulated Input Tax Credit (ITC) of Compensation Cess
Clarification on Refund of accumulated Input Tax Credit (ITC) of Compensation Cess For the period July, 2017 to May, 2018,…
List of Sections in Goods and Service Tax, GST
List of Sections in Goods and Service Tax, GST Section 1 – Short Title, extent and commencement Section 2 –…
Provisions of IBC upheld by Hon’ble Supreme Court
Provisions of IBC upheld by Hon’ble Supreme Court
Assessee had to only write off debts as irrevocable in its account and not required to prove that they had become bad for its deduction
Assessee had to only write off debts as irrevocable in its account and not required to prove that they had…
ASSOCIATION OF PERSONS & BODY OF INDIVIDUALS
ASSOCIATION OF PERSONS & BODY OF INDIVIDUALS Both the phrases “association of persons & body of individuals” are considered…
TAXPAYERS HIGH EXPECTATION FROM THE INTERIM BUDGET
From “Halwa Ceremony” to the day of Budget presentation is a time full of rumours, speculation, and surprises. Ahead of…
Proposal to integerate E-way bill with NHAI’s FASTag to track GST evasion from April
GST evasion will be impossible in days to come. There is a strong Proposal to integerate E-way bill with NHAI’s…
Uncollected income tax arrears could give Modi govt a Rs 1.2 lakh crore boost ahead of Budget 2019.
Uncollected income tax arrears could give Modi govt a Rs 1.2 lakh crore boost ahead of Budget 2019. Tax recovery…
Admissibility of exemption u/s 54 if construction of house was commenced even before the date of transfer of original asset
Admissibility of exemption u/s 54 if construction of house was commenced even before the date of transfer of original asset…
