Employers contribution not covered under Supreme Court order in case of Checkmate. Payment by cheque within due date allowed by ITAT ABCAUS Case Law Citation:ABCAUS 3721 (2023) (04) ITAT Important Case Laws relied upon:Checkmate Services P. Ltd. vs CIT ABCAUS 3614 (2022) (09) SCAlom Extrusions Ltd. 185 TAXMAN …
There is no prohibition to adjust seized cash with self assessment tax. Only prohibited is for adjustment of seized cash with advance tax – ITAT ABCAUS Case Law Citation:ABCAUS 3720 (2023) (04) ITAT Important Case Laws relied upon:ACIT vs. Narendra N. Thacker 82 taxmman.com 64Spaze Towers (P) Ltd …
Employee Salary, legal expenses, board meeting expenses, Director sitting fees can not be attributed to Fixed Deposit interest – ITAT confirms disallowance u/s 57(iii) ABCAUS Case Law Citation:ABCAUS 3719 (2023) (04) ITAT Important Case Laws relied upon:Maruti Insurance Broking (P.) Ltd. vs DCIT 127 taxmann.com 685CIT vs. V. …
ABCAUS Excel Depreciation Calculator FY 2022-23 under Companies Act 2013 as per Schedule-II Version 04.26 The maiden ABCAUS Excel Companies Act 2013 Depreciation Calculator was first launched in March, 2015. The ABCAUS Depreciation calculator for FY 2022-23 has also been formulated and styled the same way as its …
Benefit of exemption u/s 11 can not be denied for mere delay in filing of audit-report with return of income – ITAT ABCAUS Case Law Citation:ABCAUS 3718 (2023) (04) ITAT Important Case Laws relied upon:Savitri Foundation vs. ITOWipro Ltd. 446 ITR 1CIT vs. Mumbai Metropolitan Regional Iron & …
Loss incurred for any purpose which is an offence or which is prohibited by law is not deductible irrespective of legality or illegality of the business – Supreme Court ABCAUS Case Law Citation:ABCAUS 3717 (2023) (04) SC Important Case Laws relied upon:CIT vs. Piara Singh 124 ITR 41Haji …