• GST

GST Practitioners Examination postponed to 17.12.2018. It was scheduled on 7.12.2018

7 years ago

GST Practitioners postponed to 17.12.2018 on account of Assembly Elections in some states. Examination was scheduled on 7.12.2018 Examination for…

  • Income Tax

Service charge taken from customers by hotels / restaurants to be taxed – CBDT Advisory

7 years ago

Service charge taken from customers by hotels / restaurants to be taxed and added to their income if not passed to…

  • Income Tax

Disallowance u/s 14A can not exceed exempt income-Supreme Court dismisses SLP of Department

7 years ago

Disallowance u/s 14A can not exceed exempt income – Supreme Court dismisses SLP of the Department against the judgment of…

  • Income Tax

Selling cost not part of construction / WIP cost as per ICAI guidance note on real estate accounting

7 years ago

Selling cost not part of cost of construction or WIP as per ICAI guidance note on accounting for real estate.…

  • Income Tax

Concealment penalty for not offering LFC/LTC to tax under bonafide belief that it was exempt deleted

7 years ago

Concealment penalty for not offering LFC/LTC reimbursement to tax under bonafide belief that it was exempt as the employer did…

  • Income Tax

M/s Charutar Arogya Mandal, Gujarat approved u/s 35 (1) (ii) of Income-tax Act, 1961

7 years ago

M/s Charutar Arogya Mandal, Gujarat approved u/s 35 (1) (ii) of Income-tax Act, 1961 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD…

  • GST

CBI arrested two Central GST officials for demanding bribe of Rs 70000 for closing audit case

7 years ago

CBI arrested two Central GST officials for demanding bribe of Rs 70000 for closing the audit case by levying minimum…

  • Income Tax

Anonymous donation received by trust running Gaushala not taxable u/s 115BBC

7 years ago

Anonymous donation received by trust running Gaushala not taxable u/s 115BBC, it being a religious activity covered under the exception…

  • Income Tax

Claim for business loss due to theft allowed despite no FIR lodged with Police

7 years ago

Claim for business loss due to theft of cash allowed despite no FIR was lodged with Police Authorities in view…

  • Income Tax

CBDT powers u/s 119 to condone delay in filing Form-10 and ITR – High Court direction

7 years ago

CBDT powers u/s 119 to condone delay in filing Form-10 and ITR. CBDT to consider amendments made in Section 11…