Bad Debts written off as irrecoverable must form part of income. The assessee can claim bad debts by just writing off…
ICAI income exempt us 11. The institute is an educational institute and its coaching activities falls within the meaning of…
Rented Building Renovation-Repair Expenses are Current Repairs allowable u/s 30. Accumulated repairs not allowed only when assessee owns building, as…
F No. 5(1)-B(PD)/2016 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, Dated the 2nd…
Service tax Department can not audit under rule 5A(2)-Delhi High Court quashes/Strikes down Rule 5A2 and Notification 23/2014 Circular 181/7/2014…
House Property Rent or Business Income-Activity not ownership is decisive. ITAT Chennai, following Supreme Court Judgment upheld bifurcation of rent…
Vacation and Emergency Hearing in NCLT in June July 2016. File No. 10/03/2016-NCLT Government of India National Company Law Tribunal…
Installation services integral to contract not FTS under DTAA. This was held by Delhi High Court in a recent judgment…
Interest Payments on warehoused goods not required after prescribed requirement of furnishing a bank guarantee as security Circular No. 23/2016…
Solvency Certificate Requirement for Private Warehouse Licensing Circular No. 24 /2016 - Customs F. No. 484 / 03 / 2015…