• Income Tax

Assessment order in name of non-existent company void-Supreme Court puts controversy to rest

7 years ago

Assessment order in the name of non-existent amalgamating company void. Supreme Court put the controversy to rest once for all…

  • Income Tax

Notice u/s 263 issued by AO held valid as it was signed by AO in his ministerial capacity

7 years ago

Notice u/s 263 issued by AO was held valid when notice itself stated that PCIT directed its issuance and AO…

  • GST

Clarification-Exemption on re-imported goods exported for exhibition/consignment basis

7 years ago

Clarification-Exemption on re-imported goods exported under duty drawback, rebate of duty or under bond on or after the 1st July…

  • 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…