Articles by this Author
Income Tax

Income Tax
Provisions of section 40A(3) not apply in absence of actual cash transaction
Income Tax

Income Tax
Construction cost worked out on weighted basis as property of ground and first floor were mainly sold
Income Tax

Income Tax
Networking equipment used as part of computer function will be classified and depreciable as computers
Income Tax

Income Tax
Liquidated damages not fall under the purview of Tonnage Tax
Income Tax

Income Tax
Mere book entries cannot change ownership of the property
Income Tax

Income Tax
Loss under Options Maxima Scheme claimed by agent is not allowable
Income Tax

Income Tax
Depreciation allowable on table, tools, trollies used in laboratory at rate applicable on machinery
Income Tax

Income Tax
Excise duty refund & interest subsidy given to create employment are capital receipts
Corporate Law

Corporate Law
E-commerce intermediaries not liable for goods put up for sale on their platform
Service Tax

Service Tax
Service tax leviable on supply of bed rolls to Railways
Income Tax

Income Tax
Capital gain computable as per amended proviso to section 50C despite receipt of 99% of payment by cheque
Excise Duty

Excise Duty
Duty demand u/r 17H of Central Excise Rules merely for clearance after 6 months unsustainable
Income Tax

Income Tax
Section 56(2)(vii) doesn’t apply to property received under will/ inheritance
Income Tax

Income Tax
