Month: January 2013
476 articlesCA, CS, CMA
CA, CS, CMA
RBI may stick to 6 crores limit for March 2013 Statutory Branch Bank Audits
Service Tax
Service Tax
Prior to 1-4-2011 there was no requirement to maintain separate a/c for trading activities
Income Tax
Income Tax
Onus on revenue to prove that expense disallowed u/s. 40A(2)(b) were excessive or unreasonable
Income Tax
Income Tax
Addition U/s. 50C justified even in case of depreciable Asset if Assessee not challenges the value adopted by stamp valuation authority
Income Tax
Income Tax
Chapter VI-A deduction admissible in computing undisclosed income or loss under block assessment
Company Law
Company Law
Salient Features of Companies Bill, 2012 on Corporate Social Responsibility (CSR)
Goods and Services Tax
Goods and Services Tax
MVAT- Fresh Hawala Dealer List includes 361 new dealer
Excise Duty
Excise Duty
Unless the assessment has been disputed, no refund can be sanctioned
Income Tax
Income Tax
For S. 80IB deduction each residential block is a distinct ‘housing project’
Excise Duty
Excise Duty
DGCEI makes detection of Rs 300 Cr evasion; Also makes windfall gain of Rs 100 Cr
Service Tax
Service Tax
Bona fide belief/Retrospective amendment in law doesn’t warrant invocation of extended period of limitation
Income Tax
Income Tax
TPO must justify arm’s length margin fixed by it
Income Tax
Income Tax
Assessment of earlier year cannot be reopened on the basis of persuasive finding in subsequent years
Service Tax
Service Tax
