Hoarding expenses allowed as revenue in nature and not capital. Hoardings are subjected to vagaries of rain, storm, damages etc.…
FMV of property on lease to be determined by applying rent capitalization method taking the rent actually received by the…
ICAI Information Systems Audit Course Assessment Test, June, 2019 ICAI has announced the date of next ISA Course Assessment Test,…
Rigorous imprisonment awarded u/s 276B for delayed late deposit of TDS. Assessee had culpable mental state as he remained absent…
Addition u/s 40(a)(ia) in rectification proceedings u/s 154 upheld as question of second proviso being prospective was not debatable in…
Without rejecting books of account, it was not proper to make addition towards unexplained investment u/s 69 of the Act…
Purchasing many small properties itself not good enough reason to hold that it was a business transaction. The quantum or…
Sericulture income from sale of cocoons taxed @ 50% being not agricultural income following judgment of the Hon'ble Supreme Court…
Smt. Nirmala Sitharaman takes charge as the Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman assumed charge as…
The Patents (Amendment) Rules 2019. objections and suggestions invited MINISTRY OF COMMERCE AND INDUSTRY(Department for Promotion of Industry and Internal…