Covid care – both a medical emergency and an obligation
In [2011] 10 ITR (Trib) 201 the AO denied the benefit of section 11 to the assessee-trust only because the…
......Read MoreIn [2011] 10 ITR (Trib) 201 the AO denied the benefit of section 11 to the assessee-trust only because the…
......Read MoreSection 15 broadly describes what chargeable salary is and more particularly refer to all sums due and payable/paid or allowed…
......Read MoreIn the case of CIT v. J.V. Gupta & Soons(HUF) (109TAX49) the assessing officer assessed amount received as salary…
......Read MoreIn CIT v. Sir Kameshwar Singh [1935] 3 ITR 305 (PC) the assessee, who carried on an extensive money-lending business,…
......Read MoreIn the explanatory Circular No. 15/2001 dated 12.12.2001issued by the Central Board of Direct Taxes it is explained that credit…
......Read MoreUnder section 89 an employee can claim relief from tax for any arrears or advance of salary meaning thereby that…
......Read MoreSAF contributions are subject to exemption u/s 10(13) on the satisfaction of certain conditions such as receipt of such sums…
......Read MoreOn March 23, 1995, the Central Board of Direct Taxes (for short the “C. B. D. T.”), informed the Chief…
......Read MoreIn the new rules it is provided that gifts in kind to employees would not be taxed upto an aggregate…
......Read MoreRealizing the fact that such payments are often made in the course of entertainment of costumers, clients or constituents the…
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