Tax Collected at Source in India: Rates & TDS Difference
Tax Collected at source (TCS) is governed by Section 206C of Income Tax Act, 1961 in India. A person...
Mere hiring of vehicle without any risk associated with the carriage of goods not a contract liable to TDS u/s 194C(2)
Mere hiring of vehicle without any risk associated with the carriage of goods does not amount to car...
Assessment u/s 263 based on judgement delivered after the date of original assessment bad
Assessment in pursuance of order u/s 263 based on a judgement subsequent to the date of original ass...
Disallowance u/s 14A/Rule 8D upheld where major part of partners capital, bank and unsecured loans were stuck up in receivables
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where ma...
Central Excise duty on jewellery-No arrest, prosecution, search seizure, no challenge to invoice value till sub committee recommendation finalization
Central Excise duty on jewellery-No arrest, prosecution, search seizure, no challenge to invoice val...
10 key takeaways from Companies Amendment Bill, 2016. Analysis on Companies Amendment Bill,2016
Companies Amendment Bill, 2016 (the bill) was introduced in Lok Sabha on 16th March, 2016. Most of t...
Real Estate Regulation-Role of CAs'
Real Estate (Regulation and Development) Act, 2016-Role of Chartered Accountants Real Estate (Regula...
CBDT on Coercive Recovery of TDS
CBDT Bars Coercive Recovery Of TDS From Payee Even If Payer Has Defaulted By Non-Deposit Of TDS With...
Kerala VAT:- Eligibility to pay tax on Works Contract
2016-VIL-89-KER CYRIL JACOB VELLAPPALLY JACOB VELLAPPALLY AND CO. Vs COMMERCIAL TAX OFFICER (WC), KO...
Cancellation of Charitable Trust Registration u/s 12AA for Bogus Donation Entries without evidence
In a recent order, ITAT Lucknow has quashed an order cancelling registration u/s 12AA of a charitabl...