Day: June 12, 2019
Provision of section 68 applicable even if business not commenced but the sum is credited in the books of account of the assessee ABCAUS Case Law Citation: ABCAUS 3010 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: CIT V Bharat Engineering and Cost Co 83 …
Disaster management, including relief, rehabilitation and reconstruction activities covered under CSR activities u/s 135 of Companies Act 2013 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th May, 2019 G.S.R.390(E).- In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act , 2013 …
Tenancy rights not intangible assets, no question of allowing depreciation on it – ITAT. These rights not covered as “any other business or commercial right” ABCAUS Case Law Citation: ABCAUS 3009 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: M.M. Nissim & Co. vs. ACIT …
Income Tax Department strikes again in J&K Region covering 8 premises in Srinagar and 1 each at Bangalore and Delhi. Undisclosed income of 55 crores found Income Tax Department strikes again in J&K Region The Income Tax Department conducted search and seizure operations today on a prominent business group …