Day: March 1, 2013
82 articlesIncome Tax

Income Tax
If Assessee paid tax u/s. 140A, interest u/s. 234A to be demanded only on short tax payment
Finance

Finance
Budget – Focused on Fundamentals
Income Tax

Income Tax
CIT can cancel registration of trust granted under Section 12A only wef 01.06.2010
Service Tax

Service Tax
Consideration received for assignment of toll collection rights, prima facie, amounts to franchise service
Service Tax

Service Tax
‘Air travel agents’ services for business purpose are input services
Service Tax

Service Tax
No reversal of cenvat credit if credit of the same is not been availed by Assessee
Income Tax

Income Tax
Additions based on presumptions for mere adjustment of entries not valid
Income Tax

Income Tax
Trust can claim double benefit of depreciation and application of Income U/s. 11 on Fixed Assets
Company Law

Company Law
Winding up petition can be admitted In case of fraudulent sale of company assets by promoters & negligible chances of continuance of business in future
Income Tax

Income Tax
No disallowance U/s. 40A(3) for Cash purchases made from Mandi through Kachcha Arahtia
Income Tax

Income Tax
Registration U/s. 12A not to be denied if objects of trust are charitable
Income Tax

Income Tax
Allowability of expenses incurred on higher studies of director’s son
Income Tax

Income Tax
Deduction U/s. 10A allowable before setting off of losses and unabsorbed depreciation
Income Tax

Income Tax
