Day: May 18, 2012
41 articlesIncome Tax
Income Tax
In case of closed business Assessee must establish his intention and seriousness in reviving the business
Custom Duty
Custom Duty
Anti Dumping Duty on Zinc Oxide – Notification No. 27/2012-Customs (ADD)
Income Tax
Income Tax
Reassessment on the basis of Income Tax amendment not justified
Income Tax
Income Tax
Section 14A – Onus on AO to show expenditure incurred to earn tax-free income
Income Tax
Income Tax
HC Reverses Law on Supply of Reasons for Reopening – Need not be supplied within limitation period
Income Tax
Income Tax
Despite borrowing, gains on shares assessable as STCG & not business profits
Income Tax
Income Tax
Tests to determine where shares gain is capital gains or business profits
Income Tax
Income Tax
Section 14A & Rule 8D Disallowance Not Automatic
Income Tax
Income Tax
Despite concealment Penalty U/s. 271(1)(c) can not be imposed if book profits assessed U/s. 115JB
Income Tax
Income Tax
Share Transactions Income – Capital Gain or Business Income – Criteria
Income Tax
Income Tax
TPO Cannot question business purpose of transaction
Income Tax
Income Tax
Taxes levied in foreign countries on profits or gains is deductible u/s 37(1)
Income Tax
Income Tax
Foreign Permanent Establishment profits may be taxed in India
Excise Duty
Excise Duty
