Month: January 2023
1,475 articlesIncome Tax

Income Tax
Income recorded on estimated basis supported with possible evidence is acceptable
Income Tax

Income Tax
TDS not deductible on salary, bonus, commission or remuneration credited by firm to partners
Income Tax

Income Tax
Part of manufacturing by outside agency cannot be reason for disallowance of deduction u/s 80IB
Income Tax

Income Tax
Assessee not required to establish that debt has become irrecoverable for writing off bad debts
Income Tax

Income Tax
Interest on capital accounts of partners to be calculated on actual duration basis
Goods and Services Tax

Goods and Services Tax
Supply already undertaken- Application for advance ruling not maintainable
Goods and Services Tax

Goods and Services Tax
Supplies already undertaken are out of purview of Advance Ruling
Income Tax

Income Tax
Purchase of distribution rights of film is capital asset hence loss allowable as STCG
Custom Duty

Custom Duty
Time limit stated under Regulation 17(7) of CBLR, 2018 is mandatory in nature
Custom Duty

Custom Duty
