• Income Tax

Share Capital/Premium can not be regarded as undisclosed income u/s 68

8 years ago

Share Capital/Premium can not be regarded as undisclosed income. High Court deleted addition made for share premium u/s 68 ABCAUS…

  • ICAI

ICAI openes exclusive bank account for collecting donations for Kerala Flood Relief.

8 years ago

ICAI opens bank account for collecting donations for Kerala Flood Relief. The collected amount will be given to Prime Minister…

  • Excise/Custom

Duty free clearance of materials imported for flood relief in Kerala – Clarification

8 years ago

Duty free clearance of materials imported for flood relief in Kerala. Organizations not covered by public interest notification may apply adhoc…

  • Income Tax

CBDT specifies cases to be contested on merits notwithstanding tax effect as per CBDT Circular No. 3/2018

8 years ago

CBDT specifies cases to be contested on merits notwithstanding tax effect as per CBDT Circular No. 3/2018 increasing threshold monetary…

  • ICAI

Extension of Last Date of Multipurpose Empanelment Form for the Year 2018-19 to 05.09.2018

8 years ago

Extension of Last Date of Multipurpose Empanelment Form for the Year 2018-19 In view of flood in Kerala, approaching last dates of…

  • Income Tax

Valuation of inventory from tag price during survey u/s 133A-ITAT deletes addition for adopting incorrect procedure

8 years ago

Procedure for valuation of inventory from tag price during survey u/s 133A-Cost price has to be determined and due deduction…

  • ICAI

ICAI ties up with tax portals to provide access to their website contents at concessional price

8 years ago

ICAI ties up with tax portals to provide access to their website contents at concessional price to its members. Comparison…

  • ICAI

ICAI Advanced ICITSS-Advanced IT Test scheduled on 19.08.2018 in Kerala cancelled due to floods

8 years ago

ICAI Advanced ICITSS - Advanced IT Test scheduled on 19.08.2018 in Kerala cancelled due to heavy rains / floods and…

  • Income Tax

Payments made by University to affiliated colleges for conducting examinations was not fee for technical services – ITAT

8 years ago

Payments made by University to affiliated colleges for conducting examinations in different centres were reimbursement and not fee for technical…

  • Income Tax

Jurisdiction cannot be challenged after expiry of time limit prescribed u/s 124(3)-ITAT

8 years ago

The jurisdiction cannot be challenged after expiry of time limit prescribed u/s 124(3). The challenge to jurisdiction is different from…