• Income Tax

Revision u/s 263 ordered for dropping penalty proceedings u/s 271(1)(c) set aside

7 years ago

Revision u/s 263 ordered for dropping penalty proceedings u/s 271(1)(c) set aside as AO took a view by adopting a…

  • Income Tax

Foreign travel expenses on visit to trade fair with tourist visa. Disallowance reduced to 50 %

7 years ago

Foreign travel expenditure on visit to trade fair with tourist visa . ITAT restricted disallowance to 50 per cent in…

  • Income Tax

No Addition as unexplained cash credit if loan creditor deposited cash before issue of cheque

7 years ago

No Addition u/s 68 to be made as unexplained cash credit if loan creditor had deposited cash before issue of…

  • Income Tax

Deemed annual value u/s 23 can not be estimated for old, dilapidated house not habitable

7 years ago

Deemed Annual value of old dilapidated house not habitable set aside for verification as deemed provision u/s 23 not applicable…

  • Income Tax

Exemption u/s 10(37) can not be denied merely because sale price was negotiated

7 years ago

Exemption u/s 10(37) for compulsory acquisition not be denied merely because the sale price was fixed through a negotiated settlement…

  • Finance Ministry

Printing process for General Budget 2019-20 commences with Halwa Ceremony 

7 years ago

Printing process for General Budget 2019-20 commences with Halwa Ceremony  As per Press Release issued by the Finance Ministry, Halwa…

  • Income Tax

Forfeiture of deposit on account of cancellation of lease allowed as business loss u/s 28

7 years ago

Forfeiture of deposit on account of cancellation of lease allowed as business loss u/s 28 being incidental to regular business…

  • Income Tax

Sale of land situated within 8 KM of municipal limit. Difference in Tahsiladar’s certificate & internet

7 years ago

Sale of land situated within 8 KM of local municipality limit. Difference in certificate issued by Tahsiladar and internet details…

  • GST

Extension of date of blocking e-way bill facility under Rule 138E to 21.08.2019. Read Notification

7 years ago

Extension of the date of blocking and unblocking e-way bill facility as per Rule 138E of CGST Rules, 2017 to…

  • Income Tax

Central Silk Board Bengaluru income exempted by CBDT for 5 Assessment Years

7 years ago

Central Silk Board Bengaluru income exempted by CBDT for 5 Years from AYs 2019-2020 to 2023-2024. MINISTRY OF FINANCE(Department of…