Service charge taken from customers by hotels / restaurants to be taxed and added to their income if not passed to…
Disallowance u/s 14A can not exceed exempt income – Supreme Court dismisses SLP of the Department against the judgment of…
Selling cost not part of cost of construction or WIP as per ICAI guidance note on accounting for real estate.…
Concealment penalty for not offering LFC/LTC reimbursement to tax under bonafide belief that it was exempt as the employer did…
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…
CBI arrested two Central GST officials for demanding bribe of Rs 70000 for closing the audit case by levying minimum…
Anonymous donation received by trust running Gaushala not taxable u/s 115BBC, it being a religious activity covered under the exception…
Claim for business loss due to theft of cash allowed despite no FIR was lodged with Police Authorities in view…
CBDT powers u/s 119 to condone delay in filing Form-10 and ITR. CBDT to consider amendments made in Section 11…
Disallowance u/s 40(a)(ia) for non deduction of tax on payments to well-known NBFCs-ITAT remands issue for examination if NBFCs offered…