• Income Tax

Expenditure incurred for software development are capital expenditure

10 years ago

Calcutta High Court in a recent judgment has held that expenditure incurred for software development was  capital expenditure Case Details: ITA…

  • Income Tax

Exemption u/s 10(22A) 10(23C)(iiiac)-Nexus between activities of hospital/institution and the income is essential for claim

10 years ago

In a recent judgment, Calcutta High Court has held that to claim exemption under section 10(22A), existence of a nexus between…

  • Companies Act

CRC Processing Disposal of company registration e-form INC1 and related matters INC-2, INC-7 INC-29 INC-22, DIR-12 and URC-1A from 28-03-2016

10 years ago

Government of India Ministry of Corporate Affairs Notification New Delhi, 23rd March, 2016 S.O. (E) In exercise of the  powers…

  • Income Tax

CBDT asks assessees to file/revise return by including correct interest income for AY 2014-15 and 2015-16

10 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 23rd March,…

  • ICAI

ICAI-Empanelment of Resource Persons for Investment Awaress Programs

10 years ago

ICAI Announcement for Empanelment of Resource Persons Madam/Sir, We are pleased to share with you that the Institute of Chartered…

  • Income Tax

Disallowance u/s 14A/Rule 8D upheld where major part of partners capital, bank and unsecured loans were stuck up in receivables

10 years ago

In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where major part of partners…

  • Read My Beads

Tipi Tipi Top, What Colour you want?-Happy Holi 2016

10 years ago

Tipi Tipi Top, What Colour you want? Dear Friends, Colours do magic. It has been rightly said that the craving…

  • Income Tax

Assessment u/s 263 based on judgement delivered after the date of original assessment bad

10 years ago

Assessment in pursuance of order u/s 263 based on a judgement subsequent to the date of original assessment cannot be…

  • Income Tax

Mere hiring of vehicle without any risk associated with the carriage of goods not a contract liable to TDS u/s 194C(2)

10 years ago

Mere hiring of vehicle without any risk associated with the carriage of goods does not amount to carrying out any…

  • Income Tax

AO cannot sit in the chair of the businessman and direct him to do business in a particular fashion

10 years ago

ITAT Visakhapatnam in a recent judgment has ruled that Assessing Officer cannot sit in the chair of the businessman and direct…