Articles by Saurabh Maheshwari

All about Scrutiny Assessment

Posted by Saurabh Maheshwari 23 May 2013 179253 Views

In continuation of my previous article on Income Tax procedures, I have once again come up with next part having special focus on scrutiny assessments. Links to previous parts: Part 1: Income Tax Practical Procedues in FAQ Style

Common Income tax procedures at one place

Posted by Saurabh Maheshwari 09 May 2013 49483 Views

In continuation of my previous article, posted almost 2 months back I am writing once again but I am extremely sorry for such a delay but the same was due to some other commitments.Thanks for wonderful response to the first part of

Loss on Reduction of share capital is allowable

Posted by Saurabh Maheshwari 12 April 2013 21407 Views

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI SPECIAL BENCH B MUMBAI Date of Hearing: 16-08-2011 Date of Pronouncement: 30-09-2011 Bennett Coleman & Co. Ltd., Times of India Bldg., Dr. D. N. Road,

Income Tax Practical Procedures in FAQ Style

Posted by Saurabh Maheshwari 06 March 2013 40173 Views

Introduction: Income Tax has always been a challenge not only for students, professionals or for Department but also for tribunals and courts. The reason may be the vastness and depth of the provisions of law which makes it sometimes complicated.

Transfer Pricing(Int Taxation) make it easy

Posted by Saurabh Maheshwari 16 February 2013 16086 Views

Short Communication with the readers: On this new day , with new idea and new enthusiasm I have again come up with an Article on somewhat a new topic called as Transfer Pricing. The Article has been written in a style which in my opinion will s

MAT make it easy Part-2

Posted by Saurabh Maheshwari 04 February 2013 54771 Views

In continuation of my precious Article.I am writing once again for discussing some advance aspects in MAT. In my previous Article I have discussed the following aspects viz Purpose of introducing MAT, MAT and Total Income & Tax

XBRL Correct Tagging vs Incorrect Tagging with Examples

Posted by Saurabh Maheshwari 24 January 2013 15181 Views

Hi! Friends greetings of the day to all of you. You are aware that XBRL filing of financial statements by a select class of companies for FY 2010-11 was mandated vide Ministry of Corporate Affairs. The e-forms were duly certified by CA/CS/CMA profe

MAT - Make it easy

Posted by Saurabh Maheshwari 19 January 2013 32379 Views

Normally, a company is liable to pay tax on the income computed in accordance with the provisions of the Income-tax Act, 1961 but the profit and loss account of the company is prepared as per the provisions of the Companies Act, 1956. There were

Circulars not binding on the Assessee - A Practical Analysis

Posted by Saurabh Maheshwari 19 October 2012 28029 Views

HI! Friends and respected seniors, greetings of the day to all of you. Introduction- The revenue Departments have been empowered to issue circulars to clarify the position of law and these circulars are binding on the department(except CIT Appeals

Section 54 EC case laws

Posted by Saurabh Maheshwari 28 August 2012 26637 Views

Beauty of case laws- Whether its Direct tax law or Indirect tax law or corporate or allied laws, case laws are very important to digest the provisions of law conceptually. The beauty of case law is that it is not only interesting but also clarifies