Donations received by college were not capitation fee and generation of surplus did not render it ineligible for claiming exemption u/s 11 and 12 of the Act ABCAUS Case Law Citation: ABCAUS 2643 (2018) (11) ITAT Important Case Laws Cited/relied upon: CIT vs Pulikkal Medical Foundation Private Limited, …
Bhadohi notified as Town of Export Excellence for Carpets and other Floor Coverings under Foreign Trade Policy What is Town of Export Excellence ? Under the Foreign Trade Policy 2015-20, selected towns producing goods of Rs. 750 Crore or more may be notified as Town of Export Excellence (TEE) based …
GST Practitioners Exam Guidelines for filling up application form, appearing in the Examination and post-examination representation and its disposal Examination for confirmation of enrolment of GST Practitioners GUIDELINES FOR THE CANDIDATES (Please refer sub-rule (9) of rule 83A of the Central Goods and Services Tax Rules, 2017) A. …
Tax deduction by bank before close of financial year would not absolve penalty u/s 271C for non deduction of TDS if there was no reasonable cause to permit exemption u/s 273 B – High Court ABCAUS Case Law Citation: ABCAUS 2642 (2018) (11) HC The appellant bank had …
Foreign education expenses of director allowed as business expenditure u/s 37(1) being incurred in furtherance of assessee’s business interest ABCAUS Case Law Citation: ABCAUS 2641 (2018) (11) ITAT The appeal was filed by the assessee against the order of the Commissioner of Income Tax (Appeals) in inter alia …
ICAI online survey on the State of the Internal Audit Profession in India. The formal Survey Report will be made available on ICAI website Internal Audit Standards Board (IASB) of The Institute of Chartered Accountants of India (ICAI) has invited chartered accountants participate in an online survey on the …
