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Blog, News, Income Tax

November 5, 2022

SC clarifies applicability of its ruling on charitable trust; matters decided against Revenue are final

Case Details: ACIT v. Ahmedabad … Continue reading “SC clarifies applicability of its ruling on charitable trust; matters decided against Revenue are final”

Blog, News, Account & Audit

November 5, 2022

NFRA’s Interpretation on SA 200

“Auditor” is used to refer … Continue reading “NFRA’s Interpretation on SA 200”

News, Blog, International Tax

November 5, 2022

[World Tax News] Sri Lanka proposes half-yearly tax computation for Year 2022-23 and more

Editorial Team – [2022] 144 … Continue reading “[World Tax News] Sri Lanka proposes half-yearly tax computation for Year 2022-23 and more”

Blog, News, Income Tax

November 5, 2022

Creditor has priority over ITD if lien was created by assessee in favour of such creditor: HC

Case Details: IFCI Factors Ltd. … Continue reading “Creditor has priority over ITD if lien was created by assessee in favour of such creditor: HC”

Blog, News, Company Law

November 5, 2022

[Case Study] Submission of provisional financial statements when financials are not adopted in AGM

[2022] 144 taxmann.com 88 (Article) … Continue reading “[Case Study] Submission of provisional financial statements when financials are not adopted in AGM”

Blog, News, GST & Customs

November 5, 2022

Appeal against cancellation of registration to be considered excluding bar of limitation: HC

Case Details: Poonamchand Saran v. … Continue reading “Appeal against cancellation of registration to be considered excluding bar of limitation: HC”

News, Blog, GST & Customs

November 4, 2022

[Opinion] Goods & Services Tax – Fifth Anniversary of Inception: Still Many More Miles to Go

Aseem Chawla – [2022] 144 … Continue reading “[Opinion] Goods & Services Tax – Fifth Anniversary of Inception: Still Many More Miles to Go”

Blog, News, Income Tax

November 4, 2022

[Opinion] Applicability of section 43B for deductibility of employees’ contribution to PF/ESI

Mukesh Kohli – [2022] 144 … Continue reading “[Opinion] Applicability of section 43B for deductibility of employees’ contribution to PF/ESI”

Blog, News, Income Tax

November 4, 2022

HC applies ‘lifting of corporate veil’ to deny exemption to trust collecting capitation fees as donations

Case Details: CIT v. MAC … Continue reading “HC applies ‘lifting of corporate veil’ to deny exemption to trust collecting capitation fees as donations”

Blog, News, FEMA & Banking

November 4, 2022

Cross-examination couldn’t be allowed when questions had no connection with the case

Case Details: Kanwal Nain Singh … Continue reading “Cross-examination couldn’t be allowed when questions had no connection with the case”