The question raised in this appeal is, whether the Tribunal was justified in deleting the addition on account of bogus purchases allegedly made by the assessee from M/s. Thakkar Agro Industrial Chem Supplies P. Ltd. According to the revenue, the Director of M/s. Thakkar Agro Industrial Chem Supplies P. Ltd.
The amendment bought in the definition is that principal place of the business will be the place mentioned in registration certificate irrespective of the location of books and accounts.
Summary: When is the right time to apply for small business loan? There are specific times to check business loan eligibility and apply for loans for specific businesses.
After the demonetization government not stopped but continuously makes effort to reduce cash transactions and leads India to a digitalised and transparent economy either by providing subsidy or making laws. On 01.02.2017 Finance Minister presented Budget 2017 which also contains such provision to curb the use of Cash
Anomaly between the provision of Finance Bill and Memorandum explaining the Finance Bill- Interestingly the phraseology used in Memorandum explaining the provisions of The Finance Bill 2017 and Finance Bill 2017 to calculate the excess interest is ambiguous and results in different outcome.
New analysis of recent data for 21 Indian cities suggests a strong correlation between the capacities–resource and people–of urban local bodies (ULBs) and their service delivery.
Income tax Department has processed AIR transactions without valid PAN which resulted in identification of high risk transaction clusters of non-PAN AIR transactions (with common name and address). Polite letters are being sent to the transacting parties communicating the transaction details alongwith unique Transaction Sequence Number (TSN).
As per para 7(2) of the PMGK deposit Scheme, 2016, the Authorised banks are required to furnish electronically the details of deposits made under PMGK in Form V not later than next working day to enable the Department to verify the information of the deposit before accepting the declaration.
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to
Govt. of India, Ministry of Defence formulated the Health care schemes for its ex-servicemen which is called ECHS. It is implemented by project organisation having its headquarters at Delhi and regional centres at different locations. The list is enclosed for ready reference, please.
