• Income Tax

Section 50C not apply where entire net sale consideration applied for acquiring new house

5 years ago

Section 50C has no application in case the entire net sale consideration has been applied for acquiring the new house…

  • President

President constitutes separate High Court for the State of Andhra Pradesh

5 years ago

President constitutes separate High Court for the State of Andhra Pradesh from 1st January, 2019. Division of Judges between Andhra and…

  • GST

CA certificate must for tax reimbursement claim under Seva Bhoj Yojna

5 years ago

CA certificate must for tax reimbursement claim under Seva Bhoj Yojna-Guidelines for processing applications  Circular No. 75/49/2018-GST F. No. CBEC-20/16/05/2018…

  • RBI

Transfer of RBI Profits to Govt-RBI constitutes Expert Committee

5 years ago

Transfer of RBI Profits to Govt-RBI constitutes an Expert Committee to review the extant Economic Capital Framework.  As decided by…

  • Income Tax

No disallowance u/s 40A(3) where payments not claimed as expenditure

5 years ago

No disallowance u/s 40A(3) where payments not claimed as expenditure. ITAT deletes addition as alleged cash payment was made for…

  • Income Tax

Correction of minor head IDS challan for mistake by taxpayers or bank

5 years ago

Correction of minor head of IDS challan (111) by mistake by taxpayer or data entry mistake committed by bank branch…

  • ICAI

ICAI defers mandatory UDIN implementation to 1st Feb 2019 

5 years ago

ICAI defers mandatory UDIN implementation to 1st Feb 2019 in a phased manner as against the earlier announced date of 1st…

  • Income Tax

Unutilized talk time on sale of prepaid cards not accrue as income in the year of sale

5 years ago

Amount received on sale of prepaid cards to the extent of unutilized talk time did not accrue as income in…

  • Income Tax

CBDT circular-Explanatory Notes to the Provisions of Finance Act 2018

5 years ago

Explanatory Notes to the Provisions of Finance Act 2018 CBDT has issued circular on the Explanatory Notes to the Provisions…

  • Companies Act

High Court quashes MCA list of disqualified directors of struck off companies

5 years ago

High Court quashes MCA list of disqualified directors of “struck off companies” u/s 248. Section 164(2) would have prospective and…