Income Tax

Blog, News, Income Tax

September 29, 2021

MCA extends due date of filing of cost audit report in e-form CRA-4 for F.Y. 2020-21

CIRCULAR NO. 15/2021, Dated 27.09.2021 … Continue reading “MCA extends due date of filing of cost audit report in e-form CRA-4 for F.Y. 2020-21”

Blog, News, Income Tax

September 29, 2021

Taxman v. BCCI – To Grant Tax Exemption or Not?

Prabhakar K S – [2021] … Continue reading “Taxman v. BCCI – To Grant Tax Exemption or Not?”

Blog, News, Income Tax

September 29, 2021

M2M loss arising on valuation of forward contract on closing date of accounting year allowable as business loss: ITAT

Case Details: VVF (India) Ltd. … Continue reading “M2M loss arising on valuation of forward contract on closing date of accounting year allowable as business loss: ITAT”

News, Blog, Income Tax

September 28, 2021

Assessment Orders u/s 144C(1) incurably Defective and Illegal if they don’t comply with Non-Obstante Provisions

Ashutosh Mohan Rastogi, Dhruv Seth … Continue reading “Assessment Orders u/s 144C(1) incurably Defective and Illegal if they don’t comply with Non-Obstante Provisions”

Blog, News, Income Tax

September 28, 2021

AO can’t reduce sum waived by seller from WDV of machinery after lapse of several AYs: ITAT

Case Details: Shapers India Private … Continue reading “AO can’t reduce sum waived by seller from WDV of machinery after lapse of several AYs: ITAT”

Blog, News, Income Tax

September 27, 2021

ITRs verified through EVC instead of DSC to be regularised if filed during 07-06-21 to 30-09-21: CBDT

Order under section 119, dated … Continue reading “ITRs verified through EVC instead of DSC to be regularised if filed during 07-06-21 to 30-09-21: CBDT”

Blog, News, Income Tax

September 27, 2021

CBDT extends validity of TP Safe Harbour rules till Assessment Year 2021-22

Notification No. 117/2021, dated 24-09-2021 … Continue reading “CBDT extends validity of TP Safe Harbour rules till Assessment Year 2021-22”

Blog, Income Tax

June 10, 2022

Corporate Tax in India | Taxation of Companies with Illustrations

Table of Content: 1. Carry … Continue reading “Corporate Tax in India | Taxation of Companies with Illustrations”

Blog, News, Income Tax

September 25, 2021

Circular no. 7/2018 doesn’t empowers CIT to exempt assessee from filing of Form 10 with AO: ITAT

Case Details: Navodaya Education Trust … Continue reading “Circular no. 7/2018 doesn’t empowers CIT to exempt assessee from filing of Form 10 with AO: ITAT”

Blog, News, Income Tax

September 25, 2021

Levy of additional interest for extended period of due date of tax return- How far justified?

Ved Jain – [2021] 130 … Continue reading “Levy of additional interest for extended period of due date of tax return- How far justified?”