Month: November 2022
1,069 articlesIncome Tax
Income Tax
Perquisite and TDS will be computed based on fair market value determined by merchant banker
Income Tax
Income Tax
Addition based on PEN drive data without checking its veracity is unsustainable
Income Tax
Income Tax
Disallowance u/s 14A cannot exceed exempt income amount
Income Tax
Income Tax
Rule of consistency needs to be followed by the department
Income Tax
Income Tax
TPO cannot question need or prudence for making payment of the expenditure
Income Tax
Income Tax
Revisional order valid as AO accepted additional income offered by assessee without any verification
Income Tax
Income Tax
Addition u/s 68 justified as genuineness and creditworthiness of investing companies doubtful
Income Tax
Income Tax
ESOP expense to acquire share of parent company allowed when actual payment done to parent company
Income Tax
Income Tax
Provisions of section 50C doesn’t apply as development rights transferred before 1st April 2003
Income Tax
Income Tax
Initiation of proceedings u/s 263 justified as AO completed assessment without proper enquiry
Goods and Services Tax
Goods and Services Tax
Date of payment towards GST liability is to be construed from date of filing of GSTR-3B
Income Tax
Income Tax
TDS not deductible on interest on savings bank account and compulsory deposit account
Income Tax
Income Tax
Investment made in other’s name not eligible for exemption u/s. 54B
Goods and Services Tax
Goods and Services Tax
