Day: August 24, 2009
18 articlesIncome Tax
Income Tax
If Assessee fails to offer an explanation or offers a false/unsatisfactory explanation then penalty will be leviable for concealment of income
Income Tax
Income Tax
If part of company business is deal in shares then all types of transactions, whether delivery based or non-delivery based, will be treated as speculative transactions
Income Tax
Income Tax
Sale of equipment to an Indian party by a foreign company cannot be construed as resulting into any business connection in India
Income Tax
Income Tax
A transaction cannot be held bogus for the mere fact that Assets sold by Assessee if not found with buyer
Income Tax
Income Tax
Taxability of Income to American company by allowing use of its database located abroad to customers in India
Income Tax
Income Tax
Loss on purchase and sale of units of mutual fund cannot be treated as speculation loss
Income Tax
Income Tax
Warrant of authorization decides whether a person has been subjected to search or not
Income Tax
Income Tax
Breach Candy Hospital Trust Vs. CCIT (2010) 192 TAXMAN 98 (Bom)
Income Tax
Income Tax
Can penalty u/s. 271(1)(c) be imposed in a case where assessee has raised a debatable issue?
Fema / RBI
Fema / RBI
RBI issued circular on providing Collateral Free loans to Micro and Small Enterprises(MSEs)
Excise Duty
Excise Duty
Facility of advance ruling on service tax and excise matters extended to PSU and resident Indian companies
CA, CS, CMA
CA, CS, CMA
CVC charged chartered accounting fraternity with giving erroneous advice to banks resulting in huge losses
Income Tax
Income Tax
Direct Tax code may bring ULIP & Life Insurance Plan under tax net
Income Tax
Income Tax
