Month: August 2015
516 articlesIncome Tax
Income Tax
Bad debt Actually Written Off is sufficient to claim allowance, there is no need to prove Debt as irrecoverable
Income Tax
Income Tax
No disallowance of interest for investment earning exempt income if investment are made out of interest free funds
Income Tax
Income Tax
No disallowance of interest for loan advanced to Sister Concern out of Share Capital and Reserves
Custom Duty
Custom Duty
Interest payable if drawback not paid within one month from the date of filing a claim – HC
Fema / RBI
Fema / RBI
Revisesd procedure for Detection and reporting of Counterfeit Notes
CA, CS, CMA
CA, CS, CMA
Procrastination: Causes, Effects & Solutions
Income Tax
Income Tax
Section 48 applies only when expenses are ‘wholly and exclusively” for property
Income Tax
Income Tax
No interest u/s 234B during Block Assessment
Income Tax
Income Tax
No Penalty could be levied u/s 271(1)(c) if only advance is received and no actual sale is made
CA, CS, CMA
CA, CS, CMA
