Popular Articles

Every audit objection doesn't lead to Mens rea/ Penalty

Posted by Bimal Jain 20 May 2013 10232 Views

Every audit objection doesn't lead to invocation of extended period and levy of penalty We have summarized the important judgment of the Honble Tribunal in the case of LANDIS + GYR LTD. V. COMMISSIONER OF CENTRAL EXCISE [2013] 32 Taxmann.

Failing in CA Exams yet succeeding?

Posted by CS Aarti Jain 30 July 2019 10230 Views

Ok..So you all must have read so many articles of the students who are CA now and must have heard or read their success stories too. But have you ever he

Mumbai ITAT in A.M.Tod Company upholds constitutional rights

Posted by G Anandhi 27 July 2009 10229 Views

In the Income-tax Appellate Tribunal, Mumbai Bench in the case of A.M.Tod Company India Pvt. Ltd. vs. The Income-tax Officer in ITA No. 492/ Mum/2006 dated 24th June, 2009 for Assessment Year: 2002-03.By G Anandhi, Grant Thornton Hyderabad, IndiaInt

Comparative Analysis of the old and revised Secretarial Standards-I

Posted by CS Anupriya Saxena 07 October 2020 10229 Views

Secretarial Standard 1 and 2 ('SS-1 and SS-2'), came in force on July 1, 2015 after being published in the official gazette of India on April 23, 20

File GSTR-1 in time to avoid litigations in GST

Posted by CA Umesh Sharma 03 January 2022 10228 Views

If supplier does not file GSTR-1 timely and correct it can affect the business relationship adversely and the recipient can also recover interest from supplier as recipient cannot claim ITC of the same.

Interplay of Section 43CA vs. Section 44AD - Part II

Posted by CA.R.S.KALRA 13 October 2021 10227 Views

Section 44AD and 43CA of the Act are deeming sections. A legal fiction is created only for a definite purpose and is limited to that purpose and should not be extended beyond it.

Ram Mandir Donations: Claim 80G Tax Deduction

Posted by CA Aman Rajput 22 January 2024 10225 Views

Wondering if Ram Mandir donations qualify for Section 80G tax deduction? Learn about eligibility, limits, and how to claim your deduction with the Shri Ram Janmabhoomi Teerth Kshetra Trust.

Section 194H: TDS on Commission and brokerage

Posted by Mitali 29 April 2024 10225 Views

Section 194H of the Income Tax Act governs the taxation of commission or brokerage. According to this section, any person responsible for paying to any income by way of commission or brokerage shall deduct tax at source of such income.

The Union Budget impact on the Indian Stock Market

Posted by Ashish 17 July 2014 10221 Views

The clamor and commotion over the long awaited Indian Budget for the year 2014-15 ended last week, with the arrival of the new governments intense budget. This budget has led the Indian people wondering whether it is an indication of the era o

There is rate change 'Return Utility' - No more utility

Posted by Pradeep Jain 08 September 2015 10221 Views

Introduction:-“Online” - the most used word in modern world; whether it is a “person” or a “procedure”, everyone and everything is online now. Compliance procedures of most of the legal provisions have become onlin