Disallowance under section 40A(3) with respect to cash payment made by assessee to farmers on Sunday for purchase of agricultural land could not be disallowed as Sunday was bank holiday and rule 6D(J) was clearly attracted in assessees case as payment was made due to commercial expediency.
Only a special class of persons, namely, Advocates enrolled under The Advocates Act, 1961, have been authorised to plead and argue before a court of law, thus, any other person authorized or a recognized agent can do ‘other than pleading’.
M/s. Google India Private Ltd. Vs. JCIT (ITAT Bangalore) After considering the existence of prima facie case, balance of convenience, relative hardship, the earlier orders of the Tribunal and the orders of the Hon’ble High Court of Karnataka in the case of the Assessee on identical issue of grant of stay, the offer to pay […]
The Scheme aims at encouraging both manufacturing and service enterprises to increase productivity and provides incentives to MSMEs for onboarding on GST platform which helps in formalization of economy, while reducing the cost of credit. The Scheme will be in operation for a period of two financial years FY 2019 and FY 2020.
ICSI submits representation to MCA as MCA yet to release form MSME-I while due date of furnishing the Form MSME-I is February 21, 2019. Kindly consider clarifying that MSME Form I will be deployed shortly and also that non-filing due to non-availability of this Form by February 21 would not result in non-compliance of the provisions of Companies Act, 2013.
When an assessee accepts the protective additions made in assessment order by not filing any appeal against it, the character of the additions changes from protective addition to substantive addition.
Recently, SEBI mandated issue of securities in dematerialised form and directed Board of directors to abstain from approving any physical transfer w.e.f. October 2, 2018 in case of unlisted public companies and w.e.f. April 1, 2019 in case of entities having its specified securities listed on stock exchange. Depositories viz. NSDL and CDSL facilitate holding […]
As per GST portal Due date of filing GSTR-3B for the tax period January, 2019 has been extended up to 22nd February, 2019. Only for J&K it is extended up to 28th Feb 2019. Today’s GST Council meeting is adjourned as several members wanted to meet in person to discuss. Council will meet again on […]
Since the workmen was employed by the contractor not by assessee-BHEL and no wages were ever been paid to them by BHEL as they were in the service of the contractor, therefore, the workmen was not under the command, control, management of the BHEL and, concomitantly, the contractor had absolutely control over the workmen in performing such duties. More so, assessee-BHEL had nothing to do with the termination of services of the workmen by the contractor.
There are various issues with regard to the applicability of Tax Deduction at Source (TDS) on G suite transaction and the same is taken up in the current article.
