#Girish Aradhya
Log in to FollowEvery article filed under the “Girish Aradhya” tag — analysis, news and updates.
26 articlesIncome Tax
Income Tax
Second proviso to sec.40(a)(ia) of the IT Act is curative and it has retrospective effect w.e.f. 1st April, 2005
Income Tax
Income Tax
AO cannot make changes in accounts certified under Companies Act for Computing book profit
Income Tax
Income Tax
Aim & object of expenditure would determine character of payment- HC
Income Tax
Income Tax
Accrued Interest on Sticky advances of Co-Operative Banks not taxable
Income Tax
Income Tax
CBDT Instruction- specifying monetary limits for filing appeals has prospective effect
Income Tax
Income Tax
Depreciation on enhanced cost of asset is allowed from the date when the obligation to pay customs duty arose
Income Tax
Income Tax
Comparable transactions/entity must be selected based on similarity with controlled transaction/entity
Income Tax
Income Tax
High Courts, being Courts of Record, have the inherent power of review
Income Tax
Income Tax
Expense on Charity not entitled to exemption if it not as per objects
Income Tax
Income Tax
Additions only if some incriminating document found during search
Income Tax
Income Tax
Section 43B: Conversion of interest into shares amounts to payment
Income Tax
Income Tax
A party who has not appealed cannot be permitted to raise a ground
Income Tax
Income Tax
When interest was converted into loan or borrowing/advance, it shall not be deemed to have been actually paid
Income Tax
Income Tax
