• Income Tax

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation

10 years ago

Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation…

  • Income Tax

Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly as bad debts u/s 36.-ITAT

10 years ago

Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly…

  • ICAI

No leakage of ICAI question paper-7 Direct Tax Laws of CA Final examination held on 13-11-2016. Institute refutes social media reports

10 years ago

No leakage of ICAI question paper-7 Direct Tax Laws of CA Final examination held on 13-11-2016. Institute refutes social media…

  • Income Tax

Sikkim connection of Demonetisation Scheme and Black Money Conversion. No income tax payable by Sikkimese person u/s 10(26AAA)

10 years ago

Sikkim connection of Demonetisation Scheme Tax Evasion. No income tax payable by Sikkimese person u/s 10(26AAA) of Income Tax Act,…

  • Income Tax

Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on the amount due as per original return of income-ITAT

10 years ago

Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on…

  • Income Tax

CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular way-ITAT

10 years ago

CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular…

  • Income Tax

Not get lured by black money converters and be a crime partner. CBDT warns people allowing their bank accounts to convert old notes

10 years ago

Not get lured by black money converters and be a crime partner. CBDT warns people allowing their bank accounts to…

  • Custom

Metal scrap import clearance Procedure-Shredded metallic scrap to be cleared upon furnishing pre-shipment inspection certificate

10 years ago

Metal scrap import clearance Procedure-Shredded metallic scrap to be cleared upon furnishing pre-shipment inspection certificate. Circular No. 53/2016-Customs F. No.…

  • Income Tax

Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri

10 years ago

Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri It is…

  • Supreme Court

SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes

10 years ago

SC refuses stop High Courts listening demonetisation petitions challenging the move to withdraw old bank notes. Supreme Court today refused…