• Income Tax

Deduction u/s 57(iv) allowed despite assessee was engaged in business of real estate

3 years ago

Deduction u/s 57(iv) allowable against Interest received on enhanced compensation for land acquisition despite assessee engaged in business of real…

  • Income Tax

Mere non furnishing transporters declaration u/s 194C(7) do not attract disallowance u/s 40(a)(ia)

3 years ago

No furnishing transporters declaration u/s 194C(7) does not mean non compliance of section 194C(6) leading to disallowance u/s 40(a)(ia) -…

  • Income Tax

Cost of acquisition in construction of roof rights in property – ITAT remands case

3 years ago

Cost of acquisition in construction of roof rights in property - ITAT remands case for consideration of report of valuer.…

  • Income Tax

CPC making adjustment despite correct position available was a mistake of apparent nature

3 years ago

CPC making adjustment u/s 143(1)(a) without giving opportunity despite availability of correct position was a mistake of apparent nature -…

  • Income Tax

A deduction can not be denied for not filing ITR within due date in absence of specific provision

3 years ago

A claim for deduction can not be denied merely for not filing return of income within due date specified u/s…

  • ICAI

ICAI bars four Chartered Accountants on the charges of Professional Misconduct 

3 years ago

ICAI bars four Chartered Accountants on the charges of Professional Misconduct  ICAI has notified name of four chartered accountants to…

  • Income Tax

Common Area Maintenance Charges liable to TDS @ 2% u/s 194C not @10% u/s 194I – ITAT

3 years ago

Common Area Maintenance Charges (CAM charges) liable for TDS rate @ 2% u/s 194C as contractual payment and not @10%…

  • GST

GSTN New facility to verify document Reference Number (RFN) on offline communications

3 years ago

GSTN New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities GSTN has…

  • Supreme Court

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023 

3 years ago

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023  The Supreme Court of India has published a…

  • Income Tax

AO can not question genuineness of medical certificate unless has material to counter it-ITAT

3 years ago

AO can not question genuineness of medical certificate unless he has some material to counter it – ITAT deletes penalty…