Day: November 24, 2015
43 articlesIncome Tax

Income Tax
Reopening based on retrospective amendment after 4 years not permissible in absence of failure in disclosure of material facts by assessee
Income Tax

Income Tax
Only companies are eligible for deduction u/s 80IA(4)
Income Tax

Income Tax
Interest income on NPA need not to be accrued in books of account in case of Bank and NBFCs
Income Tax

Income Tax
Shares held by trust for issuance to employees as ESOPs is not in nature of stock in trade, any resultant gain will be taxed as capital gains
Income Tax

Income Tax
Land eligible for wealth tax exemption even on conversion as non-agricultural if used for agricultural purposes
Income Tax

Income Tax
Share of income received by University out of consultancy income earned by professors not entitled for exemption u/s 11
Income Tax

Income Tax
Denying registration u/s 12AA by testing ancillary objects rather than main objects for their charitable nature is unfair
Income Tax

Income Tax
Excess of expenditure over trust’s income for a previous year can be claimed as income applied in subsequent previous year
Custom Duty

Custom Duty
Custom duty exemption to EOUs on raw materials/parts consumed in manufacture of certain ships/vessels and cleared to DTA
Custom Duty

Custom Duty
Custom duty exemption on raw material and parts for use in manufacture of certain specified ships/vessels
Fema / RBI
Fema / RBI
Sovereign Gold Bonds, 2015-16 issue date shifted to November 30, 2015
CA, CS, CMA

CA, CS, CMA
ICSI Request for filing MGT-7 without additional fees till 31-12-2015
Goods and Services Tax

Goods and Services Tax
10 General Impact of Upcoming GST
Income Tax

Income Tax
