"C.A. Instincts" Posts - TopicsExpress

Cash Payments to Railways not covered u/s 40A(3) : Payment
Cash Payments to Railways not covered u/s 40A(3) : Payment made to government concern in cash in excess of amount prescribed under section 40A(3) wo...

#CaseLaw IT: Where assessee in support of claim of agricultural
#CaseLaw IT: Where assessee in support of claim of agricultural income, failed to produce certificate of Tensildar and accounts pertaining to agricul...

#Tax #Benefits #Available to
#Tax #Benefits #Available to #SeniorCitizens ======================== A person becomes senior citizen under Income Tax Act in any year after attainin...

Judicial update: Recently, the the larger bench of the apex court
Judicial update: Recently, the the larger bench of the apex court has clarified about the ratio of earlier decision in Sandvik Asias case 280 ITR 643 ...

##Service tax applicable on transport, storage of rice,
##Service tax applicable on transport, storage of rice, cotton The prices of rice and cotton thats ginned and baled are likely to rise as their trans...

Computation of Total Turnover for the purpose of Tax Audit ICAI
Computation of Total Turnover for the purpose of Tax Audit ICAI through a Guidance Note clarified the following points: 1. Where a person is carryin...

Exemption U/s. 54F not allowable on amount invested in
Exemption U/s. 54F not allowable on amount invested in construction before transfer of original asset. Brief facts of the case are that the assessee ...

professional tip Before filing an appeal against order of AO, it
professional tip Before filing an appeal against order of AO, it would be advisable to inspect the file including the order sheet so that it may be kn...