CA Bhupesh Kumar Posts - TopicsExpress

Using the ATM ? Careful. New Rules Apply Frequent withdrawal of
Using the ATM ? Careful. New Rules Apply Frequent withdrawal of cash from ATMs or automated teller machines will become expensive from November, with ...

The Election Commission of India (ECI) has given its go ahead to
The Election Commission of India (ECI) has given its go ahead to the corporate affairs ministry to release the final rules governing the Companies Act...

Sudhir Menon HUF vs. ACIT (ITAT Mumbai) S. 56(2)(vii) does not
Sudhir Menon HUF vs. ACIT (ITAT Mumbai) S. 56(2)(vii) does not apply to bonus & rights shares offered on a proportionate basis even if the offer price...

Acorus Unitech Wireless Pvt. Ltd vs. ACIT (Delhi High Court) S.
Acorus Unitech Wireless Pvt. Ltd vs. ACIT (Delhi High Court) S. 147: Court can examine existence but not adequacy of reasons. AO is only required to p...

Thermax Babcock & Wilcox Ltd vs. CIT (Bombay High Court) High
Thermax Babcock & Wilcox Ltd vs. CIT (Bombay High Court) High Court lays down zero-tolerance policy over adjournments. Threatens to dismiss appeals, h...

Kostub Investment Ltd vs. CIT (Delhi High Court) Expenditure on
Kostub Investment Ltd vs. CIT (Delhi High Court) Expenditure on foreign education of employee (son of director) is deductible if there is business ne...

Indian investors holding government debt or equity in a company
Indian investors holding government debt or equity in a company may soon be able to encash these overseas at attractive prices through liberalised acc...