• Custom

Initiatives by Indian Customs for reduction in transaction cost

8 years ago

Initiatives by Indian Customs for reduction in transaction cost CBEC in its latest advisory has listed out the followingh initiatives taken…

  • Income Tax

ITAT rejected cash flow statement for no household drawings made, addition u/s 68 sustained

8 years ago

ITAT rejected cash flow statement for no household drawings made. Addition u/s 68 sustained for estimated amount of household drawings…

  • GST

Clarification on taxability of services between JV and its members-CGST Circular

8 years ago

GST on services between JV and its members-Clarification. Taxability of services provided by the members of JV to the JV…

  • Finance Ministry

Govt. constitutes Steering Committee on Fintech related issues relating to development of Fintech space in India

8 years ago

Govt. constitutes Steering Committee on Fintech related issues The Government has constituted a Steering Committee on Fintech related issues to…

  • Income Tax

Do you have a Permanent Account Number (PAN) ? Income Tax Advisory

8 years ago

Do you have a Permanent Account Number (PAN) ? Income Tax Advisory Income Tax Department has issued a latest video…

  • Government

IEPF contest to select Tagline is online now. Last date is 15-03-2018

8 years ago

IEPF contest to select Tagline is online now  Investor Education and Protection Fund (IEPF) is organising a contest to select…

  • Income Tax

Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed value-ITAT

8 years ago

Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed sale consideration and order…

  • Income Tax

Disallowance u/s 40A(3) for cash payment to BSNL deleted as BSNL is a “State” and payments were made for business expediency-ITAT

8 years ago

Disallowance u/s 40A(3) for cash payment to BSNL deleted as BSNL is a State and payments were made for business…

  • Income Tax

Concealment penalty u/s 271(1)(c) deleted on humanitarian grounds by ITAT

8 years ago

Concealment penalty u/s 271(1)(c) deleted on humanitarian grounds as the assessee had died, his business was closed and his widow…

  • Income Tax

No scope for imposing penalty u/s 271A in the case of civil contractor-ITAT

8 years ago

No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…