No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…
CBDT crosses milestone of 200 APA. With entering into 7 more Advance Pricing Agreements in February, 2018, the total number…
TDS on testing and commissioning services deductible u/s 194C as contractual payments as not as fees for technical services u/s…
Section 55A related to DVO reference not apply in a reverse case when value claimed by assessee exceeds the fair…
Application for registration u/s 12A to be made electronically by charitable or religious trusts,. More information required in revised Form…
CBDT notifies Centralised Communication Scheme 2018 u/s 133C for calling information from any person for verification of information The Finance…
Deduction for Penal excise was allowed u/s 37 as it was paid in discharging contractual obligation to indemnify department for…
Deemed dividend upheld when amount was parked in long term investments and hence could not qualify as to be made…
Section 47A(3) can be invoked only if benefit u/s 47 is claimed. High Court uphelds deletion of payment of brand…
Expenses prior to setting up or running of business are capital in nature-High Court upheld ITAT order allowing capitalisation of…