• Income Tax

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

8 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

8 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

8 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

8 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

8 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.

8 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…

  • RBI

No 5 day week in commercial banks-RBI clarification

8 years ago

No 5 day week in commercial banks-RBI clarification Reserve Bank of India Date : Apr 20, 2019 RBI clarification on 5…

  • Income Tax

Prosecution u/s 276C- Signing/verification of ITR by director is prima-facie evidence

8 years ago

Prosecution u/s 276C- Signing, verification of ITR by director is prima-facie evidence. Charge to be framed even on the basis…

  • GST

Due date of filing GSTR-3B for March 2019 extended to 23.04.2019-Notification

8 years ago

Due date of filing GSTR-3B for the tax period March, 2019 has been extended to 23rd April, 2019. Notification has…

  • Income Tax

Difference in ITAT and non jurisdictional High Court amounts to two opposite views

8 years ago

Difference in Tribunal and non jurisdictional High Court amounts to two opposite views despite that decision of High Court rendered…