Month: April 2009
228 articlesIncome Tax
Income Tax
Deduction under section 80-1A/1B of IT Act can not be disallowed for running a new unit with some plant & machinery taken on hire
Income Tax
Income Tax
Penalty U/s. 271(1)(c) can not be imposed on the basis of routine & general presumptions
Income Tax
Income Tax
Advance Ruling on entitlement of a non-resident company inter alia to benefits of section 55(2)(b)(i) of IT Act in respect of bonus shares allotted to it by an Indian company
Income Tax
Income Tax
Advance Ruling on taxability of an Australian company for providing basic engineering services to an Indian company under an agreement
Income Tax
Income Tax
Penalty U/s. 271(1)(c) of IT Act can not be imposed for mistake in calculation of deduction If Assessee furnished all the details
Income Tax
Income Tax
To invoke provisions of section 142A of IT Act there should be something on record
Income Tax
Income Tax
Income under each head has to be computed only after considering the income from various sources under the same head
Income Tax
Income Tax
Love and affection can be reflected by frequent acquaintance, mutual exchange of gifts, mutual help to each other
Income Tax
Income Tax
Notional advantage will not form part of actual rent received
Income Tax
Income Tax
Assessment can not be reopened merely on the ground of change of opinion of Assessing officer
Income Tax
Income Tax
Major amendment in Fringe Benefit Tax applicable from A.Y. 2009-2010
Income Tax
Income Tax
Granting of power to the assessing officer to extend the time for completion of special audit under sub-section (2A) of section 142
Income Tax
Income Tax
Deemed payment of tax by the employee where FBT on securities (ESOPs) allotted to him is recovered by the employer
Income Tax
Income Tax
