Articles by this Author
Income Tax
Income Tax
Expenditure relating to import of rubber process oil incurred for carrying on business is deductible u/s 37(1)
Income Tax
Income Tax
Non-compliance due to receipt of notice in SPAM folder is sufficient cause for condonation of delay
Service Tax
Service Tax
RCM not payable in absence of service receiver & provider relationship
Income Tax
Income Tax
Secretion 32 – No condition of put to use once asset falls within a particular block
Income Tax
Income Tax
Amount paid wholly and exclusively for business purpose is allowable expenditure
Income Tax
Income Tax
Addition unjustified in absence of concrete material demonstrating understated scrap sales
Income Tax
Income Tax
Addition u/s 68 unsustainable as repayment of loan is made in assessment year itself
Income Tax
Income Tax
Provisions of section 68 not attracted as investment by investor companies explained
Income Tax
Income Tax
Penalty u/s. 271AAA not imposable as undisclosed income admitted in statement recorded u/s 132(4)
Income Tax
Income Tax
Bogus expenditure incurred in earlier years can be taxed in subsequent years
Goods and Services Tax
Goods and Services Tax
Evidence or material discovered during inspection can be utilised if relevance is established
Income Tax
Income Tax
Section 45(5A) inserted vide Finance Act 2017 doesn’t have retrospective effect
Income Tax
Income Tax
Chapter X cannot be invoked for making TP adjustment in case of AMP expenses
Income Tax
Income Tax
