Month: March 2009
303 articlesIncome Tax

Income Tax
There is no separate identity given to "perquisites" for purpose of section 192 of IT Act, 1961
Income Tax

Income Tax
Allowability of provision for warranty liability claimed by a product seller
Income Tax

Income Tax
There is no requirement that there has to be a registered Deed of conveyance for a person to be treated as an owner for the purpose of section 22
Income Tax

Income Tax
Setting off of unabsorbed depreciation of earlier years against income of subsequent year under section 10A of IT Act is not admissable
Income Tax

Income Tax
While computing Income from House Property only deductions as enumerated under section 24 is admissable
Income Tax

Income Tax
Allotment of shares is “creation” of shares and not “transfer” of shares
CA, CS, CMA

CA, CS, CMA
Internal Auditor cannot be tax auditor – Further Clarification by ICAI
CA, CS, CMA

CA, CS, CMA
3 Months’ Residential Programme on Professional Skills Development – ICAI
Income Tax

Income Tax
Forex from overseas film rights is admissible for deduction under Section 80HHC
Income Tax

Income Tax
Income confessed as undisclosed during survery cannot be assessed : ITAT Mumbai
Custom Duty

Custom Duty
High Court upset with Terror Tactics of Custom Dept
Fema / RBI
Fema / RBI
FCCB Buyback deadline may be extended by six months
Corporate Law

Corporate Law
IT dept refuses to disclose info on IAS officials under RTI
Income Tax

Income Tax
