• Income Tax

Tax authorities not bound with provisions of section 44AE once assessee waived option

2 years ago

Tax authorities not bound with provisions of section 44AE of the Act once assessee waived the option available In a…

  • Income Tax

Whether seized document is incriminating or not is a findings of fact – High Court

2 years ago

Whether seized document is incriminating or not is definitely a findings of fact – High Court In a recent judgment,…

  • Income Tax

Interest earned on borrowed funds/unutilized capital subsidy is capital receipts – High Court

2 years ago

Interest earned on borrowed funds/ unutilized capital subsidy are capital receipts In a recent judgment, Hon'ble Guwahati High Court has…

  • Income Tax

No statutory requirement of pre-deposit for stay of demand under Income Tax Act – HC

2 years ago

There is no statutory requirement of pre-deposit for stay of demand under Income Tax Act - High Court stayed demand  …

  • ICSI

Engagement of Company Secretaries as Young Professionals at RoC Mumbai and Pune

2 years ago

Engagement of Company Secretaries (CS) as Young Professionals in the Office of Regional Director (WR), Registrar of Companies, Mumbai and…

  • Income Tax

Applicability of Section 115BBE rws 69, 69A 69C in a case before Settlement Commission

2 years ago

Applicability of provisions of Section 115BBE  read with Section 69, 69A and 69C in a case arising before Settlement Commission…

  • Income Tax

Jewellery purportedly received from grandparent under Will added as unexplained credits

2 years ago

Addition u/s 68 for jewellery purportedly received on death of grandparent under Will upheld. In a recent judgment, ITAT upheld…

  • bankruptcy

SC lays down tests to determine if a debt is financial debt or operational under IBC

2 years ago

Supreme Court lays down tests to determine whether a debt is a financial debt or an operational debt under IBC…

  • Income Tax

Commonality of directors of companies does not mean deposits received was bogus

2 years ago

Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…

  • ITAT

Application though named as rectification but if tax is not legitimate, it also touches merit: HC

2 years ago

Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…