TRANSACTIONS: INCOME TAX PROVISIONS
TRANSACTIONS: INCOME TAX PROVISIONS Shareholders and mutual fund investors, besides the returns they receive on the investments made, enjoy certain…
Income Tax
IT Department Raids Retired IAS Officer, Recovers Rs 300 Crore Benami Property, Rs 1.64 Crore Cash, Four Luxury SUVs
IT Department Raids Retired IAS Officer, Recovers Rs 300 Crore Benami Property, Rs 1.64 Crore Cash, Four Luxury SUVs …
News in Hyderabad news paper that Nagpur is worst performer in tax collections
News in Hyderabad news paper that Nagpur is worst performer in tax collections
BONUS STRIPPING UNDER INCOME TAX
BONUS STRIPPING UNDER INCOME TAX Bonus Issue Sometimes companies issue fresh units to the existing shareholders without any consideration in…
Mere making cash withdrawals at one point of time cannot be a sole basis for explaining cash deposit in future.
Mere making cash withdrawals at one point of time cannot be a sole basis for explaining cash deposit in future.…
Once the completion certificate is obtained within four years corner enshrined u/s 80IB, deduction cannot be denied to the developer
Once the completion certificate is obtained within four years corner enshrined u/s 80IB, deduction cannot be denied to the developer…
Gauhati High Court detailed elaboration on Shell Companies
Gauhati High Court detailed elaboration on Shell Companies [2019] 103 taxmann.com 160 (Gauhati) HIGH COURT OF GAUHATI Assam Co. India Ltd. v.…
Resolve Angel Tax issue fast. CBDT to officers
Resolve Angel Tax issue fast. CBDT to officers
Innovative Scheme: Maharashtra Governement launched one time Profession Tax Payment Scheme
Innovative Scheme: Maharashtra Governement launched one time Profession Tax Payment Scheme Maharashtra Governement has introduced new scheme for one time…
Taking cash in or out of India: Here’s a guide
Taking cash in or out of India: Here’s a guide The number of Indians holidaying abroad is likely to treble…
Whether TDS required on Transactions between assessee and distributors of SIM ?
Whether TDS required on Transactions between assessee and distributors of SIM ? Short overview : Where assessee supplied prepaid SIMs/RV…
ACTIVe to increase transparency and ease of doing business
ACTIVe to increase transparency and ease of doing business The Indian Government has been implementing various measures for improving ease…
Auditors be careful while giving reason of resignation – ROC has started asking the proper reason of resignation
Auditors be careful while giving reason of resignation – ROC has started asking the proper reason of resignation
No ITC on ‘gold coins’ distributed to customers under sales promotion scheme: Maharashtra AAR
No ITC on ‘gold coins’ distributed to customers under sales promotion scheme: Maharashtra AAR Facts: M/s. Biostadt India Limited (“the…
No ban on deposit received for Business Purpose
No ban on deposit received for Business Purpose
Admissibility of Deduction u/s 36(1)(va) towards Employee’s contribution to ESIC beyond due date
Admissibility of Deduction u/s 36(1)(va) towards Employee’s contribution to ESIC beyond due date Short Review: Since both employees and…
No disallowance u/s 40(a)(ia) if expenditure not claimed as deduction
No disallowance u/s 40(a)(ia) if expenditure not claimed as deduction Short overview : Pre-condition for application of section 40(a)(ia)…
Landmark Judgement – TDS credit need to be given even if TDS is not deposited by the deductor
Landmark Judgement – TDS credit need to be given even if TDS is not deposited by the deductor Where employer…
