• Government

Demonetisation-Worst is yet to come says Manmohan Singh, Arun Jaitely relies on tax collections to defend Govt.

7 years ago

Demonetisation-Worst is yet to come says Manmohan Singh. Arun Jaitely says confiscation of currency was not the objective, relies on…

  • Income Tax

Difference of cash deposits in bank and turnover declared in VAT return added u/s 69A

7 years ago

Difference in cash deposits in bank and turnover declared in VAT return treated as income u/s 69A. High Court upheld…

  • Income Tax

ITAT explains the expression wholly and exclusively used in section 37 – ITAT

7 years ago

ITAT explain the expression wholly and exclusively used in section 37.  ‘Wholly” relates to quantification and “exclusively” refers to the…

  • Income Tax

TDS on payments to non-residents applicable at rates prescribed under DTAAs, not 20 per cent u/s 206AA

7 years ago

TDS on payments to non-residents applicable at rates prescribed under DTAAs, not 20 per cent. Section 206AA not override provisions…

  • Companies Act

MCA proposes more amendments to Companies Act 2013 – Read the list of amendments

7 years ago

MCA proposes more amendments to Companies Act 2013. Unspent amount of CSR to be transferred to a Special Account and…

  • Income Tax

Justice Pradipkumar Premshankar Bhatt, Former Judge, Gujarat High Court appointed as President, ITAT

7 years ago

Justice Pradipkumar Premshankar Bhatt, Former Judge, High Court of Gujarat, appointed as President, ITAT  MINISTRY OF LAW AND JUSTICE (DEPARTMENT OF…

  • GST

Tea Board of India to collect TCS from tea producers and auctioneers on net value

7 years ago

Tea Board of India to collect tax at source from sellers (i.e. tea producers) and auctioneers on net value of…

  • GST

Scope of principal and del-credere agent relationship under CGST Act – CBEC Clarification 

7 years ago

Scope of principal and del-credere agent relationship under CGST Act - CBEC Clarification  Circular No. 73/47/2018-GST F. No. 20/16/04/2018- GST…

  • Income Tax

CIT(A) can not enhance assessment unless assessee had a reasonable opportunity of showing cause – ITAT

7 years ago

Commissioner Appeals cannot not enhance assessment unless the assessee had a reasonable opportunity of showing cause against such enhancement -…

  • Income Tax

Compensation received from builder for failure to give possession of flat held not taxable

7 years ago

Compensation received from builder under settlement for failure to give possession of flat within stipulated time held not capital receipts…