Month: October 2012
423 articlesIncome Tax

Income Tax
Matter remanded if additions are made by TPO without working capital adjustments
Income Tax

Income Tax
Carry forward business losses & depreciation cannot be set off against profits of an undertaking while working out claim u/s. 10B
Income Tax

Income Tax
AO Can not change his opinion regarding need for special Audit unless new fact emerges
Income Tax

Income Tax
If Trust conducts marathon in commercial manner, then it cannot be said to be existing only for charitable purposes
Income Tax

Income Tax
No Capital gain tax firm if it doesn’t distribute any capital asset to retiring partners
Company Law

Company Law
Request of director for postponement of board meeting must be treated as leave of absence & not vacation of office
Income Tax

Income Tax
Vicarious liability of director of a private company for ‘tax due’ u/s. 179(1) from it does not extend to interest & penalty
Income Tax

Income Tax
If DRP dismissed objections filed by assessee in a summary manner without proper application of mind, matter needed reconsideration
Income Tax

Income Tax
Mere non-production of donor would not attract penalty for concealment if Gift disclosed in Return
Excise Duty

Excise Duty
No payment required in cash where tax already deposited by utilizing CENVAT Credit
Company Law

Company Law
Legal Provisions relating to Dividend (Summary & Steps of Dividend Declaration)
Income Tax

Income Tax
Whether reimbursement of traveling expenses received by non-resident assessee is taxable as fees for technical services?
Income Tax

Income Tax
S. 10A not restricts assessee from outsourcing of certain services necessary for producing an article or a thing
Company Law

Company Law
