In a recent judgment, Calcutta High Court has held that to claim exemption under section 10(22A), existence of a nexus between the hospital or an institution engaged in any one of the five activities, and the income is essential. Kindly note that the said section 10(22A) has since been …
Government of India Ministry of Corporate Affairs Notification New Delhi, 23rd March, 2016 S.O. (E) In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the Act), the Central Registration Centre (herein …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 23rd March, 2016 Sub: Inclusion of interest income in the return of income filed by persons liable to pay tax- regarding Information regarding interest earned by individuals and business entities …
ICAI Announcement for Empanelment of Resource Persons Madam/Sir, We are pleased to share with you that the Institute of Chartered Accountants of India under the aegis of Investor Education and Protection fund (IEPF) is conducting Investor Awareness Programs through its Committee on Financial Markets & Investors’ Protection. The …
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where major part of partners capital, bank and unsecured loans were struck up in receivables holding that money has no colour and in a running business it rotates and balance in each account changes …
Tipi Tipi Top, What Colour you want? Dear Friends, Colours do magic. It has been rightly said that the craving for colour is a natural necessity just as for water and fire. It is something indispensable to our life. At every era of our existence and history, we …
