Month: October 2015
474 articlesIncome Tax

Income Tax
Addition based on negative stock, calculated by AO by preparing monthly trading account not sustainable
Company Law

Company Law
Extension of last date of filing of AOC-4, AOC-4 XBRL and MGT-7 E-Forms
Income Tax

Income Tax
No Violation of Section 13 on refund of Advance against property with Interest from Interested Parties
Income Tax

Income Tax
Analysis of materials after reopening of assessment is post mortem exercise which is not permitted u/s 147 : HC
Income Tax

Income Tax
Allegation against Counsel of Revenue prima facie constitutes criminal contempt of court
Income Tax

Income Tax
Revenue not authorized to rewrite terms of agreement & adjudge Commercial expediency: SC
Income Tax

Income Tax
Netting of interest paid on borrowed fund against interest income earned on same fund is permitted
Income Tax

Income Tax
Reopening after 4 years not permissible if all accounts & records were made available at the time of original assessment – HC
Corporate Law

Corporate Law
Aftermath of National Judicial Commission
Income Tax

Income Tax
Commission based on profit per cent taxable in year in which profits of company gets finalized
Goods and Services Tax

Goods and Services Tax
Taxation of Works Contracts under TN VAT Vs Profit maximization in project execution
Income Tax

Income Tax
Profit on sale of Agricultural Land cannot be taxed as Business Income for mere absence of Agricultural Activity
Income Tax

Income Tax
TDS on EPF and Submission of Form 15G & 15H
Income Tax

Income Tax
