Day: May 1, 2013
29 articlesIncome Tax

Income Tax
Mere facilitation services with regard to the selection of awardees isn’t a technical service
Service Tax

Service Tax
In case of divisible contract no service tax on material value
Company Law

Company Law
SEARCH REPORT -A Basic Tool for Inspection of Company’s Records in Hands of Stakeholders Specially Banks
Income Tax

Income Tax
Amendment to Sec. 206-C dealing with TCS on Sale of Bullion or Jewellery in Cash – Clarification
Income Tax

Income Tax
Whether the amount of liabilities taken over in case of slump purchase are to be considered for reaching at the amount of assets taken over for the value of purchase consideration ?
Income Tax

Income Tax
Whether assessee consequent upon a scheme of demerger eligible for writing of bad debts related to earlier years before the take over from holding company?
Income Tax

Income Tax
Balance needs to be maintained between the principle of consistency and the rule of res judicata
Income Tax

Income Tax
Reopening not valid if reasons silent on quantum of escaped tax
Income Tax

Income Tax
Payment made for violation of byelaws of stock exchange is allowable expense
Income Tax

Income Tax
WDV has to be arrived at only after reducing depreciation actually allowed
Income Tax

Income Tax
Sec.40A(2) – Concrete evidence or material must to allocate unreasonable &excessive expenses for purpose of disallowance
Income Tax

Income Tax
Foreign trip Expenses on spouse of Director not allowable unless connected with business
Income Tax

Income Tax
Payments to Government for diversion of forest land for non-forest purposes, amounts to compensation is revenue expense
Income Tax

Income Tax
