• Income Tax

Order passed by Tribunal in remand proceedings during pendency of SLP-Remedy available

7 years ago

Order passed by the Tribunal in remand proceedings during pendency of SLP-Remedy available was filing ITA before High Court ABCAUS…

  • Excise/Custom

Central Govt. entitled to retain excess auction sale proceeds of confiscated goods under Customs Act

7 years ago

Central Government entitled to retain excess auction sale proceeds of confiscated goods u/s 125 of the Customs Act, 1962 and…

  • Income Tax

CBDT latest note on raid conducted in NCR on a Power sector Group- Tax evasion of 1350 crores detected

7 years ago

CBDT latest note on search conducted in NCR on a Group in the Power sector which is allegedly co owned…

  • Income Tax

Loan pre-payment premium/charges paid not capital expenditure but Revenue – HC

7 years ago

Loan pre-payment premium/charges paid for reducing interest liability not result in acquisition of any asset and not a capital but…

  • Income Tax

Front end fees paid to bank for new loan is revenue in nature, can be amortized – High Court

7 years ago

Front end fees paid to bank for obtaining new loan is revenue expenditure by nature and the assessee is entitled…

  • Income Tax

CBDT issues clarification on linking of PAN with Aadhaar

7 years ago

CBDT issues clarification on linking of PAN with Aadhaar Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes…

  • Empanelment

United Bank invites application for concurrent/ Revenue audit for FY 2019-20

7 years ago

United  Bank invites application for concurrent/Revenue audit for FY 2019-20 from eligible CA firms 1. United Bank of India invites…

  • Excise/Custom

Custom valuation rules for imported goods operate sequentially-Supreme Court

7 years ago

Custom valuation rules for imported goods operate sequentially-Supreme Court. Once statutory Rules exist and provide for sequential implementation, the assessing…

  • Income Tax

Without finding to year of purchase, jewellery found in locker not undisclosed income u/s 271AAB

7 years ago

In the absence of finding as to the year of purchase, jewellery found in locker would not represent the undisclosed…

  • Income Tax

Rectification order u/s 154 quashed due to doctrine of merger.

7 years ago

Rectification order u/s 154 quashed due to doctrine of merger. Questions expressly decided by appellate/revisional authority cannot be reagitated u/s…