• Income Tax

Provision reducing asset side of balance sheet amounts to writing off bad debts in accordance with section 36 (2)

7 years ago

If asset side of balance sheet is reduced by provision made, it amounts to writing of the debts in accordance…

  • Income Tax

Petition in Delhi High Court for Tax Audit due date extension by FTAPS dismissed as withdrawn

7 years ago

Extension of Tax audit/ITR due date- FTAP withdraws the Petition in Delhi High Court in view of the CBDT Order…

  • Income Tax

Region wise list of Jurisdiction of CIT Appeals under the Black Money Act 2015 – CBDT Notification

7 years ago

Jurisdiction of CIT Appeals under the Black Money Act 2015. Region wise list including additional powers for cases of International…

  • Income Tax

High Court revives prosecution u/s 276CC for not filing return. No indefinite period for compliance

7 years ago

High Court revives prosecution for not filing return. An indefinite period for compliance can never be the intention of the…

  • Finance Ministry

We are committed to arrange liquidity to IL& FS says Finance Ministry

7 years ago

We are committed to arrange liquidity to IL& FS says Finance Ministry Firm and Decisive Government Action taken to preserve…

  • Companies Act

Incorporation of LLP made fully online-Milestone in Ease of Doing Business

7 years ago

Incorporation of LLP made fully online-Milestone in Ease of Doing Business Another Milestone in the direction of “Ease of Doing…

  • Income Tax

CIT(A) erred by not admitting additional evidences in case restored by Tribunal

7 years ago

CIT(A) erred by not admitting additional evidences in case restored by Tribunal. Once the matter has been considered by the…

  • Income Tax

Deduction 54B for agricultural land purchased prior to sale deed allowed by ITAT

7 years ago

Deduction 54B for agricultural land purchased prior to sale deed allowed. Date of actual transfer or even purchase of new…

  • GST

Modification to GST TDS Guidelines for DDO to account for TDS bunched together

7 years ago

Modification to GST TDS Guidelines for DDO to account for TDS bunched together. New sub-head GST-TDS created  Circular No. 67/41/2018-DOR…

  • Income Tax

Two penalty orders u/s 271(1)(b) for same default without issue of show cause quashed by ITAT

7 years ago

Two penalty orders 271(1)(b) for the same default without issue of show cause. ITAT quashed penalty imposed before the issue…