• GST

Refunds of IGST paid on import in case of risky exporters – Clarification

7 years ago

Refunds of IGST paid on import - Requirement of 100% physical examination of each consignment to be gradually relaxed Circular…

  • Government

Govt. issues strict direction to fugitive economic offenders 

7 years ago

Govt. issues strict direction to deal with fugitive economic offenders. Authoritoes who can issue Look Out Circular and detain any…

  • bankruptcy

IBBI amends Insolvency Professionals Regulations and Model Bye-Laws

7 years ago

IBBI amends IBBI (Insolvency Professionals) Regulations, 2016 & IBBI (Model Bye-Laws & Governing Board of Insolvency Professional Agencies) Regulations 2016…

  • EPFO

Mere Permission to do work from home not take away status as employees under EPF Act – SC

7 years ago

Mere Permission to do work from home not take away status as employees for the purpose of EPF Act –…

  • Income Tax

Salary accrued to non-resident for services rendered outside India not taxable

7 years ago

Salary accrued to non-resident for services rendered outside India not taxable and included in the total income. ABCAUS Case Law…

  • Income Tax

Good Work Reward to employee held not constituting bonus u/s 36(1)(ii) and allowable u/s 37

7 years ago

Good Work Reward to employee held not constituting bonus u/s 36(1)(ii) and allowable as normal business expenditure u/s 37 of…

  • Income Tax

Exemption u/s 54B allowed though not claimed in return of income nor revised return filed

7 years ago

Claim for exemption u/s 54B allowed though not made in the return of income. AO had disallowed claim as revised…

  • Income Tax

No disallowance u/s 40(a)(ia) for short deduction of TDS made at less than prescribed rates

7 years ago

No disallowance u/s 40(a)(ia) for short deduction of TDS made at less than prescribed rates. ITAT deleted addition following various…

  • Income Tax

CBDT extends due date of 31st July 2019 for filing ITR to 31.08.2019-Download CBDT Order

7 years ago

CBDT extends due date of 31st July 2019 for filing ITR to 31.08.2019. The due date of 31st July is…

  • Income Tax

Merely making cash payment cannot be a ground for disallowance – ITAT

7 years ago

Merely making cash payments cannot be a ground for disallowance if section 40A(3) not violated or no defects were found…