Direct Tax

amendment to sec. 40(a) (ia) has retro-effect

No disallowance if TDS is deposited before due date of filing return; amendment to sec. 40(a) (ia) has retro-effect Section… Read More

11 years ago

PENALTY FOR CONCEALMENT OF INCOME – EFFECT OF CLAIM

PENALTY FOR CONCEALMENT OF INCOME - EFFECT OF DISALLOWANCE OF CLAIM No penalty on disallowance of capital gains if disclosure… Read More

11 years ago

EXPECTATIONS FROM – BUDGET 2015

EXPECTATIONS FROM - BUDGET 2015 As most of us are aware, the present government has come to power on agenda… Read More

11 years ago

Expenses Allowable Against Partners Salary

ALLOWABILITY OF SALARY TO PARTNER, IN CASE OF FIRM - BUSINESS EXPENDITURE No reassessment after 4 years alleging wrong allowance… Read More

11 years ago
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