Judgements by CA CS CIMA Prakash Somani

Appellate power of Tribunal

CA CS CIMA Prakash Somani 20 January 2009 at 00:50

The assessee has written off 1/5th of deferred revenue expenditure in its books of account and claimed the expenditure on deferred basis in its return of income.

Posted in Income Tax | 1439 Views

Section 394 - Amalgamation of companies

CA CS CIMA Prakash Somani 15 January 2009 at 20:44

Merger of authorized capitals of companies - Increase of authorized capital of the transferee company - Whether registration fees to be paid on the increased capital - Held, No.

Posted in Corporate Law | 8618 Views

TDS on value of free food coupens

CA CS CIMA Prakash Somani 15 January 2009 at 20:44

Income Tax Act, 1961 - Sections 17 and 192 - Free meals coupon issued to employees - Some of them misusing the same - Whether company is liable to deduct TDS from the value of such free coupons provided – Held, No.

Posted in Income Tax | 1 comments | 6057 Views