Month: February 2011
602 articlesIncome Tax
Income Tax
I-T Dept slaps Rs 450 crore demand on Infosys
Income Tax
Income Tax
Penalty proceedings – Whenever an addition/disallowance is made, initial burden is upon assessee to prove that it is not his concealed income or he has not furnished inaccurate particulars of such income
Excise Duty
Excise Duty
Service of maintenance and repair should be under a Maintenance or Repair Contract/Agreement to attract levy of service tax prior to 16-6-2005
Income Tax
Income Tax
TPO can compute ALP after giving assessee opportunity to produce evidence in support of ALP computed by him
Income Tax
Income Tax
Assessment of rental income- For purpose of assessment under head “profit and gains of business or profession”, it shall be necessary that property acquired and used is for commercial purpose under business activity
Income Tax
Income Tax
To avail the benefit of s.57(iii) is that investment must be proper & justified
Income Tax
Income Tax
Before invoking provisions of section 153A it would be necessary to comply with provisions of section 132(1) of the Income Tax Act, 1961
Service Tax
Service Tax
Space-selling service- Any services provided by any person to any other person in relation to sale of space would be taxable from 1-5-2006 and not prior to that date
Income Tax
Income Tax
A low rate of gross profit, in absence of any material pointing towards falsehood of accounts books, cannot by itself be a ground to reject account books under section 145(3)
Corporate Law
Corporate Law
