#CA Saurabh Chokhra
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241 articlesIncome Tax

Income Tax
Assessee can adopt hybrid system for income computation provided the same followed consistently
Income Tax

Income Tax
Stamp duty value shall be deemed as full value of consideration if consideration for transfer lesser than stamp duty value
Income Tax

Income Tax
Appeal can be filed against Levy of Interest u/s 234A,234B and 234C
Income Tax

Income Tax
Income cannot be taxed as FTS in India in absence of FTS clause in DTAA
Income Tax

Income Tax
Delay in filling appeal due to negligence / inaction of Revenue cannot be condoned
Income Tax

Income Tax
Income from property leasing for commercial exploitation is business income
CA, CS, CMA

CA, CS, CMA
ITAT tone down its Remarks Against Chartered Accountants and ICAI
Income Tax

Income Tax
Penalty u/s 271(1)(c) cannot be levied when returned income is accepted as it is
Income Tax

Income Tax
Technical services utilized for making a source of income outside India is not taxable in India
Income Tax

Income Tax
Disallowance on account of non-deduction of tax can be removed under non-discriminatory clause of India-Japan DTAA
Income Tax

Income Tax
AO cannot make adjustment to book profits certified by auditors to be computed as per prescribed accounting norms
Excise Duty

Excise Duty
In absence of mutuality of interest two persons cannot be treated as related
Income Tax

Income Tax
Loss due to short landing of goods allowable as business expenditure
Custom Duty

Custom Duty
