CORPORATE AND PROFESSIONAL UPDATE OCT 12, 2016 Direct Tax:- ITAT Mumbai held that the surplus/savings arising on prepayment of deferred… Read More
Professional Update for the Day: Direct Tax:- CBDT clarified that filing of revised return cannot be used as the tool… Read More
Professional Update For the Day: Direct Tax:- CBDT has issued a prèss release dated 14th December 2016 regarding filling of… Read More
Professional Update For the Day: Direct Tax:- CBDT has advised its Assessing Officers, not to reopen past assessments merely on the… Read More
CORPORATE AND PROFESSIONAL UPDATE OCT 15, 2016 Direct Tax:- Telecommunication expenses, insurance charges, personnel expenses, professional expenses, branch office expenses… Read More
Direct Tax: Kolkata ITAT allows assessee’s (cooperative bank) appeal against levy of penalty u/s 271FA for delay in furnishing annual information… Read More
Professional Update for the Day: DIRECT TAX: Income Tax: ITAT Ahemdabad confirmed the addition of unexplained investments in purchase of agricultural land… Read More
CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 18,2016 DIRECT TAX Income Tax: Addition u/s 56(2)(viia) - deemed gift - Since the transaction… Read More
CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 10, 2016 DIRECT TAX EXPENDITURE INCURRED IN RELATION TO INCOME NOT INCLUDIBLE IN TOTAL… Read More
CORPORATE & PROFESSIONAL UPDATE FEBRUARY 29, 2016 INCOME TAX ACT SECTION 2(22) DEEMED DIVIDENDS Loans and advances to shareholders : Where… Read More