Tenet Tax Daily January 08 2015
HC deletes penalty for late issuance of TDS certificate as deductor was unaware of frequent amendments in Rule 31
Interest paid for acquiring property other than self occupied one would be deductible without any limit
Tenet Tax Daily January 07 2015
Wipro crafting artificial losses from sale of subsidiary shares to set off against taxable cap gains: HC
Tenet Tax Daily January 06 2015
Hiring of machinery for excavation work on monthly basis wasn’t work contract; not liable to sec. 194C TDS
Tenet Tax Daily January 05 2015
Sec. 44BBB: ITAT remands case as assessee didn’t provide agreement from which nature of contract could be determined
Tenet Tax Daily January 03 2015
Sum paid without deduction of tax shall not be disallowed if payee files Form No. 15G/H belatedly
Tenet Tax Daily January 02 2015
Enhanced compensation received on transfer of tenancy rights in a land is liable to capital gains tax
Tenet Tax Daily January 01 2015
Unexplained cash and jewellery seized from partners couldn’t be adjusted against tax liability of the firm
Tenet Tax Daily December 31 2014