Day: October 16, 2011
11 articlesIncome Tax

Income Tax
Assessee is entitled to deduction for society charges for the property given on rent
Income Tax

Income Tax
Revisional power under Section 263 of the Act cannot be exercised even if there is inadequate enquiry on the part of AO
Income Tax

Income Tax
Scrap not generated out of manufacturing activities carried out by assessee-Whether tax deductible under section 206C
Income Tax

Income Tax
Loss of investment not allowable as business loss and for claiming an amount as bad debt conditions specified in section 36(2)(i) are required to be fulfilled
Income Tax

Income Tax
AO based on the report of the Inspector without giving an opportunity to the assessee to explain the alleged information, is not correct
Income Tax

Income Tax
Interest under section 234C not leviable where the cheques were deposited in time but encashed after due dates
Income Tax

Income Tax
Retraction of statement cannot be made even without any strong supporting evidence and mere mention of ill health not sufficient to disprove the contents of nine month old statement
Corporate Law

Corporate Law
Govt committed to make RTI more effective – PM
Corporate Law

Corporate Law
RBI raises per transaction limit to 3,000 USD for exporters, Paypal transaction limit too increased
Income Tax

Income Tax
CBDT to focus on high profit-making segments of the economy to achieve tax collection target
Goods and Services Tax

Goods and Services Tax
