• Income Tax

Extension of due date for filing ITRs/Tax Audit Reports for UT of Jammu Kashmir and Ladakh to 30.11.2019

7 years ago

Extension of due date for filing of Income-tax Returns/Tax Audit Reports for Union Territory of Jammu Kashmir and Ladakh to…

  • Income Tax

Revisionary order u/s 263 passed in the name of dead person quashed by ITAT

7 years ago

Revisionary order u/s 263 passed in the name of dead person quashed. CIT was not justified in setting aside the…

  • Finance Ministry

Overseas Indian citizens allowed to enroll in NPS at par with Non Resident Indians

7 years ago

Overseas Indian citizens allowed to enroll in NPS at par with Non Resident Indians PFRDA permitted now Overseas Citizen of…

  • Black Money

Revision Petition against issue of non­ bailable warrant u/s 50 of Black Money Act dismissed

7 years ago

Revision Petition against issue of non­ bailable warrant u/s 50 of Black Money Act dismissed as NBW do not decide…

  • Income Tax

Addition for creditors balance difference in fish trading business restricted for perishable nature

7 years ago

Addition for creditors balance difference in fish trading business. 100% accounts reconciliation impossible considering perishable nature of business ABCAUS Case…

  • Companies Act

MCA extends last date for filing MGT-7 and AOC-4 for FY ending 31.03.2019 to 30.11/2019/31.12.2019

7 years ago

MCA extends last date for filing MGT-7 (Annual Return) and AOC-4 (Financial Statements) for FY ending 31.03.2019 to 30.11/2019/31.12.2019 General…

  • Income Tax

Addition made for excess productivity of fruits on the basis of report of Agriculture Officer quashed 

7 years ago

Addition made for excess agriculture productivity of fruits quashed. No disallowance can be made merely on basis of report of…

  • Income Tax

Prosecution 276C for wilful attempt to evade tax stayed by High Court during pendency of appeal

7 years ago

Prosecution 276C for wilful attempt to evade tax stayed during pendency of appeal as its outcome would have bearing on…

  • Income Tax

Disallowance u/s 40A(3) for cash payments by brick kiln to track drivers/coal suppliers quashed

7 years ago

Disallowance 40A3 for cash payments by brick kiln quashed as payments made to truck drivers at night after banking hours…

  • Income Tax

Sale of scrap reduced from WIP upheld. Scrap held inextricably linked with main activity

7 years ago

Sale of scrap reduced from WIP upheld. Scrap held inextricably linked with construction / developmental activity  ABCAUS Case Law Citation:ABCAUS…