interpretation of reopening of assessment / reassessment INTRODUCTION CBDT by exercising their powers u/s 119 of the Income-tax Act,1961… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 13, 2016 STAY OF DEMAND UNDER THE INCOME TAX ACT 1961, PRACTICAL APPROACH, JUDICIAL CASES &… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 12, 2016 Omission to produce an auditor's certificate for claiming a deduction is a mistake… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 11, 2016 DIRECT TAX: Reassessment u/s 147 not permissible merely on change of opinion –ITAT.… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 10, 2016 DIRECT TAX: IT: Mere deposit of surplus funds in FDRs cannot be treated… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 09, 2016 DIRECT TAX: Exemption u/s 11& 12 : Merely because an institution, which otherwise… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 8, 2016 INCOME TAX ACT SECTION 10B EXPORT-ORIENTED UNDERTAKING Computation of deduction: Interest on FDRs which… Read More
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 7,2016 INCOME TAX ACT SECTION 40A(3) BUSINESS DISALLOWANCE - CASH PAYMENT EXCEEDING PRESCRIBED LIMITS Agent… Read More
CORPORATE AND PROFESSIONAL UPDATE JANUARY 20, 2016 Government of India has vide its Notification F.No. 4(19)-W&M/2014 dated 14.01.2016 announced… Read More
CORPORATE AND PROFESSIONAL UPDATE JANUARY 17, 2016 INCOME TAX ACT SECTION 2(42C) CAPITAL GAINS - SLUMP SALE Where assessee sold… Read More