Month: December 2022
1,184 articlesIncome Tax
Income Tax
As main business includes letting of property income from same is taxable under Income from Business
Income Tax
Income Tax
Loss of investment not entitled as bad debts even cannot be claimed as business loss
Income Tax
Income Tax
Bad debts from credit card business is allowable as deduction u/s 36(1)(vii) of the Income Tax Act
Income Tax
Income Tax
Loss on account of Forward Contracts are not speculative loss
Income Tax
Income Tax
Addition towards share premium sustained by invoking provisions of section 56(2)(viib)
Income Tax
Income Tax
Writ dismissed as circular issued by District Central Cooperative Banks merely informed adhering to the provisions of section 194N
Company Law
Company Law
Trust is included in definition of ‘person’ hence can be a ‘resolution applicant’
Income Tax
Income Tax
Renting income from cargo agents, airlines, etc. eligible for deduction u/s 80IA
Custom Duty
Custom Duty
Revenue needs to establish the smuggled nature of the goods
Goods and Services Tax
Goods and Services Tax
Provisional attachment of property without initiation of proceedings is unsustainable
Company Law
Company Law
Board Resolution For Account Closure & Appointment of Chief Executive officer
Income Tax
Income Tax
Section 263 cannot be invoked to correct section under which penalty is leviable
Goods and Services Tax
Goods and Services Tax
Analysis of Amendment in Rule 37 disallowance of ITC for Non-payment to suppliers within 180 days
Finance
Finance
