No double taxation no double recovery
In the matters of TDS deduction there is always a grey area for the payer whether to deduct or not…
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Today's
Renovation of convention centre ......Read More
Yesterday's Piara singh case no longer a good law ......Read More
Yesterday's Piara singh case no longer a good law ......Read More
Brand valuation before conversion of partnership firm into private limited company
In [2022] 29 ITR (Trib)-OL 602 (ITAT[Chen]) the assessee company is held eligible for claim of depreciation on brand value…
......Read MoreGatecrashing residential premises in the garb of survey- when warranted
Survey of residential premises- [2023] 150 taxmann.com 287 (Article)
......Read Morecaveat/precondition to 148/148A
Dr. Anita Sumanth J in her ruling in [2023] 450 ITR 568 (Mad) while dealing with the contextual relevance of the…
......Read MoreStay-High pitched assessment case
A typographical error in mention of exemption section lead to a high pitched assessment in [2023] 451 ITR 77 (Bom). As…
......Read MoreFictitious Cash sales
The SC while dismissing the SLP in [2023] 453 ITR 754 (SC)held that merely because the sales tax authorities have accepted cash…
......Read MoreWhether there is any bar to income tax survey at residential premises!
There is a common notion that power to conduct income tax survey is limited to the business premises. In an…
......Read MoreIn a scenario of mechanical approval
By the provisions of section 153A /153D approval is to be obtained by the Assessing Officer on the draft assessment…
......Read MoreS.54 exemption at risk in multiple floors scenario
In a limited scrutiny case of section 54 exemption inspection of newly acquired property was initiated by the AO. Upon…
......Read MoreCash deposits
Pursuant to demonetisation ordinance in 1946 a husband and wife submitted High denomination notes in their respective names in [1953]…
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