Tenet Tax Daily April 25 2019
Housing loan interest restricted to Rs. 1.5 lakh as assessee failed to prove that property was let-out to mother
BSNL franchisee installing, maintaining & operating EPABX system is entitled for deduction u/s. 80-IA
Tenet Tax Daily April 24 2019
ITAT allowed additional depreciation on RMC mixer mounted on truck
Tenet Tax Daily April 23 2019
No question of taxing capital gain if transaction related to transfer of property didn’t materialize: ITAT
Tenet Tax Daily April 22 2019
AO can’t ask for the pre-deposit for stay of demand without examining the facts and circumstances of the case
Tenet Tax Daily April 20 2019
Sharing sum received from patients with consultant doctors in fixed ratio was liable for sec. 194J TDS
Tenet Tax Daily April 19 2019
Payment made by hospital to consultant doctors would attract TDS under sec. 194J and not u/s 192
Tenet Tax Daily April 18 2019
No reassessment could be made merely on basis of information received from investigation wing
Tenet Tax Daily April 17 2019
Assessee can’t escape liability u/s 69A by merely stating that unexplained money was received by his agent
Tenet Tax Daily April 16 2019
No addition in hands of company’s director if cash seized from him belonged to Co. itself
Tenet Tax Daily April 15 2019
Blending of tea leaves doesn’t amount to manufacturing; Sec. 154 rightly invoked to rectify the apparent mistake
Tenet Tax Daily April 13 2019
Delhi HC remanded case back as ITAT failed to examine taxability of technical service charge in terms of FTS
Tenet Tax Daily April 12 2019
Sec. 69 additions couldn’t be made in respect of investments made in earlier years: Delhi ITAT
Tenet Tax Daily April 10 2019
Person appointed on probation can’t get confirmed appointment automatically after expiry of probation period
Tenet Tax Daily April 08 2019
Payments to various artists participating in reality shows are liable for sec. 194C TDS & not sec. 194J TDS
Tenet Tax Daily April 06 2019
Sum received by partner on retirement from firm is exempt from tax: ITAT
Tenet Tax Daily April 05 2019
No denial of sec. 54B relief if land sold by assessee was classified as agricultural land in revenue record
Tenet Tax Daily April 04 2019
No coercive action against payee if payer failed to deposit TDS collection with Govt.: HC
Tenet Tax Daily April 02 2019