• Income Tax

No bar to claim deduction u/s 54 and u/s 54F simultaneously for same asset – ITAT

2 years ago

No bar under law to claim deduction u/s 54 and u/s 54F simultaneously in respect of the same asset -…

  • Income Tax

Penalty u/s 271CA for non collection of TCS on Parking Lot quashed by ITAT

2 years ago

Penalty u/s 271CA for non collection of TCS on Parking Lot quashed by ITAT In a recent judgment, ITAT Delhi…

  • Income Tax

HC condones delay in filing audit report in Form-10B considering extent of delay

2 years ago

High Court condones delay in filing audit report in Form-10B considering the extent of the delay In a recent judgment,…

  • bankruptcy

Information Utility under IBBI to verify before issuance of a record of default

2 years ago

Information Utility under IBBI to verify before issuance of a record of default. the Insolvency and Bankruptcy Board of India…

  • bankruptcy

IBBI Disciplinary Committee to dispose off SCN against service provider within sixty days

2 years ago

IBBI Disciplinary Committee to dispose off SCN to service provider within sixty days from the due date for receipt of…

  • Income Tax

Passing on incentives/discounts to retailers not commission liable to TDS u/s 194H

2 years ago

Passing on incentives/discounts to retailers is not in the nature of commission paid liable to TDS u/s 194H - ITAT…

  • Income Tax

Investment made in violation of section 11(5) can not be added as income – ITAT

2 years ago

Investment made in violation of provisions of section 11(5) can not be treated as income In a recent judgment, ITAT…

  • Income Tax

Failure to e-file Form 10CCB with return was not escapement of income – High Court

2 years ago

Failure to file Form 10CCB with return do not constitute escapement of income – High Court In a recent judgment,…

  • MCA

MCA notifies Indian Accounting Standard (Ind AS) 117 Insurance Contracts

2 years ago

MCA notifies Indian Accounting Standard (Ind AS) 117 Insurance Contracts MCA has notified Indian Accounting Standard (Ind AS) 117 Insurance…

  • GST

ITC denied for non production of proof of actual physical movement of goods

2 years ago

ITC denial confirmed by High Court for non production of details of freight charges, delivery receipts, toll receipts to prove…