Month: September 2011
428 articlesIncome Tax

Income Tax
Depreciation at the rate of 50% cannot be claimed in respect of vehicles given on lease
Income Tax

Income Tax
In case of loss making company valuing goodwill at 10% of the total consideration, without any material on record not sustainable
Income Tax

Income Tax
Compensation received for the mere loss of profits will be a revenue receipt, while the compensation received for the loss of a source of income would be capital receipt
Income Tax

Income Tax
Sale proceeds’ in Sec 10A also means net proceeds if the goods are purchased from foreign buyers on credit and assessee is entitled to benefits u/s 10A
Income Tax

Income Tax
Whether the disallowance is rightly made u/s 14A by applying rule 8D prior to the amendment?
Income Tax

Income Tax
Fees from technical services provided by non-resident-When taxable in India
Income Tax

Income Tax
Assessee not entitled for deduction u/s 80HHC in respect of DEPB income if one of the condition of third proviso to section 80HHC(3) not satisfied
Income Tax

Income Tax
In case of business liability, deduction is to be allowed even if it is to quantified and discharged at a future date
Income Tax

Income Tax
Whether, even if no incriminating document is found during the search but assessee makes some voluntary disclosure, penalty is still warranted?
Income Tax

Income Tax
