A company cannot have any personal expenditure. ITAT deleted ad hoc disallowance on vehicle running and maintenance expenditure ABCAUS Case…
Cost Inflation Index Chart for FY 2019-20 notified by CBDT. Read Up to date table of CII from FY 2001-02…
Income Tax E-assessment Scheme 2019 notified by CBDT from 12.09.2019. Read Notification MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT…
CBDT issues Guidelines for identification & processing of cases for prosecution under Income Tax Act. Constitution of Collegium of 2…
CBDT gives one time Relaxation of time limit of 12 months for filing compounding of offences application under Income Tax…
Evidentiary value of a statement made on oath by the assessee to the income tax authority in survey proceedings u/s…
Prosecution u/s 276B set aside as intention of company was to deposit TDS, but due to bad financial condition the…
CBDT amends Income Tax Rules / Form 56/10G regarding application for exemption u/s 10(23C) and 80G. Read CBDT Notification MINISTRY…
Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable,…
Principles of law and legal position regarding exercise of revisionary powers u/s 263. ITAT explains the twin conditions as laid…