Day: June 16, 2012
16 articlesExcise Duty

Excise Duty
Assessee can take credit in respect of inputs which are used in manufacture of exempted goods
Income Tax

Income Tax
AO cannot question genuineness of unregistered Will if attested by two witnesses
Service Tax

Service Tax
Govt removes situation of No Service Tax from 1.7.2012
Income Tax

Income Tax
TDS on Salary Calculator for Govt employees for FY 2012-13 & AY 2013-14
Income Tax

Income Tax
Certificate typographical errors- Cant result in denial of Deductions
Income Tax

Income Tax
Holding conference at 5 star hotel cannot be grounds to deny registration u/s 12AA or 80G
CA, CS, CMA

CA, CS, CMA
Status of Intervening Holidays by Articles during CA Examination
Income Tax

Income Tax
Section 14A disallowance applies to partner’s share of profits but not to Depreciation
Income Tax

Income Tax
Bonus & commission paid to MD for services rendered as per appointment terms is allowable business expenditure
Income Tax

Income Tax
No application of section 194H in respect of discount received on purchase of plots
Income Tax

Income Tax
Professional services rendered does not fall in the definition of ‘royalty’
Income Tax

Income Tax
For Failure to prove source of capital contribution by partners the same cannot be taxed in the hand of firm as unexplained cash credit U/s. 68
Income Tax

Income Tax
Fact that third party invoices are paid not necessarily means ‘reimbursement’
Income Tax

Income Tax
