Tenet Tax Daily November 19 2018
On-call advisory services provided to Indian customers in trouble-shooting couldn’t be treated FTS: ITAT
SetCom Chairman couldn’t direct a particular course of action to be taken during pendency of application
Tenet Tax Daily November 17 2018
Bad debts of acquired co. don’t form part of operating cost for computing operating profit
Tenet Tax Daily November 16 2018
No disallowance of repair & maintenance exp. if co. furnished PAN of all vendors as supportive doc.
Tenet Tax Daily November 15 2018
AO’s order rejecting ITR without providing opportunity to rectify defect u/s 139(9) liable to be set-aside: HC
Tenet Tax Daily November 14 2018
PF balance accumulated post-retirement of employee not eligible for tax exemption: ITAT
Tenet Tax Daily November 13 2018
Assessee couldn’t be directed to pay part of demand during pendency of stay application: Bombay HC
Tenet Tax Daily November 12 2018
ITAT remanded matter to determine TDS liability on payment for AMC after examining relevant doc.
Tenet Tax Daily November 10 2018
Distance between particular land and municipality isn’t criterion to define agricultural land
Tenet Tax Daily November 09 2018
Sec. 54 relief allowable if new house was purchased within one year prior to date of agreement to sell: ITAT
Tenet Tax Daily November 08 2018
SetCom Chairman couldn’t direct a particular course of action to be taken during pendency of application
Tenet Tax Daily November 07 2018
ITAT condoned delay in filing appeal as assessee was fighting against his CA who filed false ITR
Tenet Tax Daily November 06 2018
No additions on ground that shares were issued at excess premium if creditworthiness of investors established
Tenet Tax Daily November 05 2018
No benefit of reduced rate of TDS as projection of losses by assessee was questionable : HC
Tenet Tax Daily November 03 2018
Delhi HC upheld reassessment as Samsung failed to disclose royalty income
Tenet Tax Daily November 02 2018
Sec. 89 relief is available in respect of arrears of perquisites: ITAT
Tenet Tax Daily November 01 2018
No penalty on late filing of TDS return if tax was deducted and deposited in time: Delhi ITAT
Tenet Tax Daily October 31 2018
ITAT upheld concealment penalty as non-deduction of TDS wasn’t a bona fide belief for non-taxability of income
Tenet Tax Daily October 30 2018