Day: June 14, 2022
42 articlesIncome Tax

Income Tax
One-time compensation treated as advance salary, relief u/s 89 available
Income Tax

Income Tax
Penalty paid u/s 112(a) of Custom Act was not allowable as deduction
Custom Duty

Custom Duty
Exotic Live Species stock duly declared as per advisory, summon illegal
Corporate Law

Corporate Law
Notice of sale issued without giving 15 days clear notice under Sarfaesi Act was bad in law
Income Tax

Income Tax
Revision u/s 263 can be invoked when there was lack of enquiry by AO
Income Tax

Income Tax
Invocation of article 226 illegal for examination of factual-matrix
Goods and Services Tax

Goods and Services Tax
Credit of service tax paid, post GST, available u/s 140(1)
Income Tax

Income Tax
CSR expenditure can be claimed as deduction u/s 80G
Income Tax

Income Tax
Unabsorbed b/f depreciation and business loss allowed inspite of no manufacturing activity
Income Tax

Income Tax
Undisclosed income addition by extrapolation of documents is unsustainable
Corporate Law

Corporate Law
Rent Control Act protects both landlords and tenants
Goods and Services Tax

Goods and Services Tax
Cancellation of registration, as returns not filed, directed to file all pending returns
Income Tax

Income Tax
Bogus purchase, addition limited to GP Rate
Custom Duty

Custom Duty
