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Document pertaining to earlier year also constitutes record for rectification us 154 and if over-looked it amounts to a mistake apparent on record- ITAT

Document pertaining to earlier year also constitutes record and if the same is over-looked, it amounts to a mistake apparent on record u/s 154 – ITAT ABCAUS Case Law Citation: 974 2016 (07) ITAT Assessment Year: 2009-10 Date/Month of Judgment: July 2016 Important Judgments cited: Sunil Sahni vs. …

Unrecoverable out of pocket expenses allowable u/s 37(1) as business loss though not admissible as bad debts written off u/s s 36(1)(vii) – ITAT

Unrecoverable out of pocket expenses allowable u/s 37(1) as business loss though not admissible as bad debts written off u/s s 36(1)(vii) – ITAT ABCAUS Case Law Citation: 973 2016 (07) ITAT Assessment Year: 2010-11 Date/Month of Judgment: July 2016 Brief Facts of the Case: The assessee firm was engaged in …

Change in Name of Proprietorship Firm of Company Secretaries-Guidelines by ICSI. Changed firm to mention formerly known as (old name) for one year

Guidelines for Change in Name of Proprietorship Concern/Firm of Company Secretary(ies) In case an existing proprietary concern/firm of Company Secretary (ies) desires to change its name, the following conditions shall be fulfilled: (a) An application for change in name of the firm (preferably mentioning its Unique Code Number) …