Debts written off in the same/first assessment year eligible for deduction u/s 36(1)(vii) as after the amendment w.e.f. 1st April…
Direct Tax Collection upto June 2016 Increased by 24.79% due to four instalments of advance tax to be paid by individuals…
There is no requirement of the certificate under Tonnage Tax Scheme u/s 115VD in relation to the vessel on which…
Deduction u/s 80IB(10)-Land ownership not a condition precedent for developing the housing project and claiming the deduction. ITAT ABCAUS Case Law…
ICDS applicable from FY 2016-17 AY 2017-18 Government of India Ministry of Finance Department of Revenue Central Board of Direct…
Club Membership allowed partly as business expenses Contacts developed through clubs also brings new clients and professional opportunity. 1/3rd of…
Penalty 2711b-Non compliance due to September Finalisation September being the month for finalization of accounts, the assessee’s explanation that there was…
Addition cannot be made solely on the basis of AIR information especially when the assessee denies the reported transactions and the…
Peak credit theory do not apply to cash deposits made at outstation stations/cities when cash withdrawal were made at one…
DTAA between India and Cyprus - In-principle agreement reached on all pending issues Government of India Ministry of Finance Department of Revenue…