Month: November 2022
1,069 articlesIncome Tax

Income Tax
Addition of unaccounted profit on estimation basis in trading/ manufacturing of diamonds restricted to 10%
Goods and Services Tax

Goods and Services Tax
Job work of manufacturing chocolates falls under SAC code 998816
Corporate Law

Corporate Law
Attachment under Prevention of Money Laundering Act is outside the scope of moratorium under Insolvency and Bankruptcy Code
Income Tax

Income Tax
Assessee needs to establish genuineness of deposit during demonetization
Income Tax

Income Tax
Purchase of business rights covered within meaning of ‘intangible asset’ is eligible for depreciation
Income Tax

Income Tax
Framing of block assessment based on only statement recorded u/s 132(4) is unsustainable
Corporate Law

Corporate Law
Obtaining DUNS registration by the Organizations
Income Tax

Income Tax
No section 11 tax exemption if educational institutions collects Capitation Fee: Madras HC
Company Law

Company Law
MCA imposes Rs. 1.5 Lakh Penalty for not delivering certificates of securities allotted
Goods and Services Tax

Goods and Services Tax
GST on works contract service for construction of residential quarters for employees of NPCIL
Company Law

Company Law
Penalty reduced as company was having accumulated losses & not in a position to employ CS
Company Law

Company Law
Non-appointment of CS as Company was not in a cosmopolitan area – Penalty reduced
Income Tax

Income Tax
More than 15% of revenue generated from India can’t be attributed to Permanent Establishment: ITAT
Income Tax

Income Tax
