Budget 2023 Interest free borrowing transactions now taxable
Under section 2(24) (vd) of the Income tax Act , 1961, income would include the value of any benefit or…
......Read MoreUnder section 2(24) (vd) of the Income tax Act , 1961, income would include the value of any benefit or…
......Read MoreThe Supreme Court has dismissed the special leave petition filed by the Department against High Court decision @ [2023] 450 ITR…
......Read MoreIn the PepsiCo case @(2023] 30 ITR (Trib)-OL 1 (ITAT[Del]) the subject matter of appeal was essentially covered by the previous…
......Read MoreThe date of acquisition of the property is to be reckoned from the date of the allotment so stated by…
......Read MoreA sum of Rs. 10,51,176 were disallowed in assessment out of total marketing expenses of Rs. 2,23,24,218 in (2022] 29…
......Read MoreVide [2023] 450 ITR 1 (SC) the AO cannot choose to have parellel actions u/s154 nd 147 on the same dispute.…
......Read MoreWhile noting that in the subsequent year the interest cost was allowed in the proceedings completed under section 143(3)…
......Read MoreBy and large it is now settled that Commissioner (Appeals) or the Tribunal or the Court is not obliged to…
......Read MoreIn the absence of approval to deed of variation the contribution made to Employees Group Gratuity Funds held inadmissible in NATIONAL…
......Read MoreHere is a landmark ruling from a landmark judge DR. MS. ANITA SUMANTH J. of the Madras High Court in KALAIGNAR TV PVT.…
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