Month: February 2011
602 articlesIncome Tax
Income Tax
FM Says Direct Taxes are Major Resource for Undertaking Development Work
Excise Duty
Excise Duty
FM releases compendium of unique practices on indirect taxes
Goods and Services Tax
Goods and Services Tax
Tax evasion worth Rs 150 cr by raided tobacco companies
Income Tax
Income Tax
After receipt of return in response to notice under Section 148, it shall be mandatory for AO to serve a notice on assessee under section 143(2) assigning reason therein.
Income Tax
Income Tax
Definition of export turnover given in Explanation 2 to sec. 10A excludes freight & insurance
Income Tax
Income Tax
India–Netherlands DTAA-Mere provision of a dredger on dry lease for carrying out dredging activity in India does not result in assessee having a PE
Income Tax
Income Tax
Powers under section 254(2) cannot be exercised for reviewing a considered and conscious decision on grounds which are inherently subjective and capable of debate and discussion on adoption of one view or the other
Income Tax
Income Tax
Once commissioner/brokerage is credited in P&L account of assessee broker and entire debit balance including principal and brokerage is found irrecoverable and is written off in books by assessee, same can be allowed as bad debt allowable u/s 36(1)(vii)
Income Tax
Income Tax
Without rejecting books of account regularly maintained, addition cannot be made only on basis of DVO’s report
Income Tax
Income Tax
