Month: April 2010
527 articlesIncome Tax

Income Tax
Speculation gain can be set off against carried forward speculation loss
Income Tax

Income Tax
If transaction for sale concluded outside India then no income from offshore supplies accrues or arises or can be deemed to accrue or arise in India
SEBI

SEBI
Provisions of section 11B of SEBI Act can be applied retrospectively
Income Tax

Income Tax
Assessment demands does not get stayed or vacated on filing of application before
Income Tax

Income Tax
Expenditure on improvement of Capital Expenditure needs to be supported by evidence
Income Tax

Income Tax
If notice served through Courier then department need to exercise extra caution to prove service of the same to right person
Income Tax

Income Tax
As per treaty with USA Profits attributable to transaction of cargo, mail, etc. by aircrafts owned, chartered or leased by assessee cannot be taxed in India
Income Tax

Income Tax
Major fire breaks out at Income Tax office in Delhi
Income Tax

Income Tax
In case of difference between sales as per books and TDS certificate only profit element is taxable
Income Tax

Income Tax
