Rajiv Gandhi Indian Institution of Management Vs DCIT (ITAT Kolkata) ITAT held that so far as organizing golf tournament is concerned, the said event cannot be said to be a part of the educational activity for which the Trust is established. Therefore, so far as golf tournament is concerned the said activity is not educational […]
Since there are many ambiguity in definition of various social welfare laws in India. They have not clearly defined the Workmen and each laws define Workmen differently. The Apex Court of India in above case define ( what constitutes as a workman and as to what differentiates contract of service from contract for service).
Explore the Kyal Agencies vs. PCIT case at ITAT Cuttack. Analysis covers sundry creditors, arithmetical mistakes, and sales discount reconciliation. Know why the revision was quashed.
In this article, an attempt has been made to further simplify the computation and adjustments of Share Market Transactions for Income Tax purposes. Let’s try to understand the computation with the help of Illustrations.
Stay compliant with SEBI’s regulations for listed companies. Learn about the quarterly, half yearly, yearly, and event-based compliances.
A comprehensive analysis of Section 8 of the Arbitration and Conciliation Act, 1996 in light of recent court pronouncements in India.
Section 11 of Income Tax Act,1961 provides exemptions for Income earned from property held under charitable trusts / societies for the activities carried out for charitable or religious purposes subject to certain terms and conditions.
This liability of GST (taxes) was certainly not in contemplation of the parties when they entered into the contract in the year 2001. MCGM who would be liable to pay the GST to the Government on a Reverse Charge basis and the same cannot be deducted from the dues payable to the Applicant.
Discover the benefits of forming section 8 companies under the Companies Act, 2013. Explore how these companies promote charitable objects and limit dividend payments to members.
Explore the ITAT Chandigarh ruling in Kapoor Singh Vs ITO case, analyzing delay condonation, agricultural assessees issues, and the merit of tax assessments.
