• Income Tax

Waiver or One Time Settlement of loan not taxable under section 28 (iv) – ITAT deletes the addition following judgment of Supreme Court

6 years ago

Waiver or One Time Settlement of loan not taxable under section 28 (iv) – ITAT deletes the addition following the…

  • Income Tax

NOIDA not a local authority u/s 10(20) and hence not exempt from Income Tax-Supreme Court

6 years ago

NOIDA not a local authority u/s 10(20) and hence not exempt from Income Tax-Supreme Court. By performing certain municipal functions…

  • bankruptcy

IBBI – 22 FAQs on Limited Insolvency Examination from 1st July 2018

6 years ago

IBBI  has issued a set of 22 Frequently Asked Questions on Limited Insolvency Examination from 1st July, 2018 IBBI - Limited…

  • Income Tax

Addition for cash found short at the time of survey deleted by the ITAT

6 years ago

Addition for cash found short at the time of survey deleted by the ITAT. In the absence of any other…

  • Income Tax

Retraction of statement u/s 132(4) after months on the ground of coercion-Assessee must show cogent material

6 years ago

Retraction of statement u/s 132(4) after months on the ground of coercion. Assessee must give justifiable reason and cogent material…

  • Income Tax

No concealment if income returned and accepted is same and amount was surrendered before the end of financial year – ITAT 

6 years ago

No concealment if income returned and accepted is same where assessee surrenders income at survey action before the end of…

  • Income Tax

Rectification u/s 154 for difference of receipt with TDS certificates not permissible – ITAT

6 years ago

Rectification u/s 154 for difference of receipt  with TDS certificates not permissible as the difference in receipts requires investigation and…

  • GST

UPA Model of GST was flawed – Ex Finance Minister Arun Jaitely

6 years ago

UPA Model of GST was flawed - Ex Finance Minister Arun Jaitely On the occasion of GST Day (1st July)…

  • Income Tax

CBDT further extends time to link PAN with Aadhaar to 30th June 2018. Read Order u/s 119

6 years ago

CBDT further extends time to link PAN with Aadhaar to 30th June 2018. Section 139AA requires quoting of Aadhaar number for…

  • GST

1st July 2018 to be celebrated as GST day on the occasion anniversary of GST coming into force

6 years ago

1st July 2018 to be celebrated as ‘GST day’, to commemorate the first year of the unprecedented reform of Indian…