CBDT revises Guidelines for Compounding of Offences under Direct Tax Laws, 2019 Section 279(2) of the Income Tax Act, 1961…
Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI in its Pre-Budget Memorandum-2019 on Direct Taxes and International Tax…
SEBI issues guidelines for Enhanced Disclosures by Credit Rating Agencies. Cumulative Default Rates, Probability of Default benchmarks CIRCULAR SEBI/ HO/…
GSTR-9 filing due date for FY 2017-18 if extended to 10.07.2019 or not? Query raised to UP Commercial Tax Department…
Penalty u/s 271(1)(c) deleted as addition for bogus purchases was based on estimation and assesee’s conduct was not found contumacious…
Provision of section 68 applicable even if business not commenced but the sum is credited in the books of account…
Disaster management, including relief, rehabilitation and reconstruction activities covered under CSR activities u/s 135 of Companies Act 2013 MINISTRY OF…
Tenancy rights not intangible assets, no question of allowing depreciation on it - ITAT. These rights not covered as "any…
Income Tax Department strikes again in J&K Region covering 8 premises in Srinagar and 1 each at Bangalore and Delhi. Undisclosed…
No addition warranted for bogus purchases where GP rate was better than the average GP rate declared by assessee for…