Month: May 2012
508 articlesIncome 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
ICAI Invites Suggestions on Common Code for Excise & Service Tax
Income Tax
Income Tax
To ‘make available’ technical knowledge’ payer must be enabled to perform service himself
Income Tax
Income Tax
SC To Reconsider Verdict In S. A. Builders on allowability of Interest paid to acquire equity capital of subsidiary company
Income Tax
Income Tax
