Income TaxKnow About Capital Gain Exemption U/S 54 F12 Mar 20180Exemption U/S 54 F Know About Capital Gain Exemption U/S 54 F The Provisions of Section 54F Are Given Below- Condition…
Income TaxIT JudgementThe grant of approval by the CIT with the words “Yes. I am satisfied” – ITAT Delhi9 Mar 20180section 147 (1) First of all, ld. AR for the assessee company drew our attention towards sanction accorded by the…
Income TaxCost inflation index FY 2017-18 with base year 2001-028 Mar 20180Cost inflation index Cost of Inflation Index FY 2017-18 with Base year 2001-02 Financial Year (FY) Cost of Inflation Index…
Income TaxCourt wants Government to Wake up & take corrective measure to resolve Tax Payers Grievances: Bombay HC7 Mar 20180income tax payer The Bombay High Court today i.e. 06/03/18 directed the Centre and the Maharashtra Government to resolve the citizens’ grievances…
GSTGst ActsGst ArticleGst RulesLatest Updateother topicGSTIN Sign board is mandatory7 Mar 20180GSTIN Sign board GSTIN Sign board – GST Department is visiting Business premises. To see if the GSTIN No is visible…
Income TaxIf identity, Creditworthiness & Genuineness proved, Onus for addition u/s 68 shifts to AO7 Mar 20180section 68 (1) On going through the above grounds, we note that the only issue in this appeal is the…
Income TaxDEDUCTION TOWARDS INTEREST ON EDUCATION LOAN7 Mar 20180Query 1] I have a housing loan with interest repayment of Rs. 1.24 Lacs and principal repayment of Rs. 2…
Controversial issuesLatest Updateother topicAuditor of Nirav Modi arrested6 Mar 20180auditor arrested The Central Bureau of Investigation (CBI) on Sunday, 4 March, arrested two employees and one auditor of Nirav…
Income TaxHidden Truth behind giving autonomy to the bank for Auditor’s Appointment6 Mar 20180autonomy to the bank Hidden Truth behind giving autonomy to the bank for Auditor’s Appointment Its a Government way for…
Income TaxShare premium Could be taxable as undisclosed income: ITAT5 Mar 20180taxable share premium Share premium Could be taxable as undisclosed income: ITAT 6.1 The only issue for consideration and adjudication…
Income TaxIT JudgementLatest UpdateVoluntary surrender after survey -No escape from Penalty: SC5 Mar 20180Section 271(1)(c) Voluntary surrender after survey -No escape from Penalty: SC 1. The question of law framed for this appeal…
ArticleBusiness/ProfessionIncome TaxAll about Profession Tax5 Mar 20180profession tax INTRODUCTION: Even though GST is implemented, yet Maharashtra Profession Tax is not abolished. It is still applicable. Profession…
Income TaxTime to be honest & Tax Compliant5 Mar 20180Tax Compliant Time to be honest & Tax Compliant “The power to tax is the power to destroy.” – John…
Income TaxT.DS. @ 20% IF PAN NOT QOUTED – APPLICABLE EVEN ON SUBMISSION OF FORM NO. 15G5 Mar 20180T.DS. Query 1] We request to seek your opinion on the following points:- Finance Act- 2009 has substituted new Section…
Income TaxNFRA- Shock to Chartered Accountants3 Mar 20180Headed by the Prime Minister, Union Cabinet has cleared the proposal for setting up of National Financial Reporting Authority (NFRA).…
Income TaxWhat is NFRA? Why so much questions mark over CA?3 Mar 20180Headed by the Prime Minister, Union Cabinet has cleared the proposal for setting up of National Financial Reporting Authority (NFRA).…
Income TaxIT JudgementLatest UpdateDisallowance of Assessee’s claim does not mean “furnishing of inaccurate particulars” for levy of Penalty !2 Mar 20180furnishing of inaccurate particulars BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER AND SHRI N.K. PRADHAN, ACCOUNTANT MEMBER ITA no.7099/Mum./2017 (Assessment Year…
Income TaxMiscellaneousother topicToday’s tax quote -theTaxtalk1 Mar 20180taxquote8 Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty…