The “project completion method” is one of the recognized methods of accounting and cannot be rejected by the AO
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The “project completion method” is one of the recognized methods of accounting and cannot be rejected by the AO The…
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Recent Posts
- Income Tax benefits available to Ganpati Mandals:
- Agriculturist is not required to maintain books of accounts U/S 44AA: ITAT Bangalore
- Issue of addition vide intimation U/S 143(1) in the case of delay in payment of Employee Contribution of PF
- Important GST Council Recommendations during 54th GSTC Meeting:
- Where there is no substantial question of law, interference with the findings of Tribunal is not warranted: MP High Court
- Tax Clearance Certificate for Foreign Travel: Confusion & Clarification
- Section 2(22)(e) covers only direct benefit received by the shareholder from any payment made by the company, and not indirect benefit derived from any other transaction.
- Guidelines for better administration by tax officers issued by Commercial Tax Department, Chennai
- Filing Form 10/10B is merely directory in nature and failure to furnish Form 10/10B before the due date cannot be so fatal as to deny the claim of exemption under section 11(2): ITAT Hyderabad
- ROC imposed penalty on a company for contravention of Section 90(4A) and Section 90(5) of the Companies Act, 2013
