Motor car purchased by cash gift from wife and mother-ITAT upheld addition for unexplained cash as mere filing confirmations not…
Interest on FDRs-deduction of Interest paid on unsecured loans taken to make investment in bank FDRs allowed u/s 57(iii) in…
No entity could earn gross receipts, only profit embedded to be treated as income. ITAT upholds the order of CIT(A)…
CBDT has decided to subject the registration process of charitable trusts / institutions to internal audit and has issued detailed…
Ad-hoc disallowance not within permissible arena of taxing statute which is essentially welfare in nature – ITAT ABCAUS Case Law…
Undesirable company names - Ministry of Corporate Affairs has proposed amendments in the Companies (Incorporation) Rules 2014 The proposed amendment…
Govt. postpones the implementation of increased customs duty on specified imports originating in USA from 17th December, 2018 to 31st…
Transfer of vehicle registration not necessary for claiming depreciation. Transfer of ownership of vehicles is governed by the Sale of…
Determination of GST on works contract where tender invited before 01.07.2017 but balance or full is work done after GST…
Extension of due date for filing cost audit report CRA-4 XBRL format for FY 2017-18 without additional fees upto 31.12.2018…