Circulars (More)

Achuthan Committee recommended substantive changes in Takeover Regulations

CBEC Notification: Display at Airports / LCS about prohibition of import / export of Indian currency notes of denomination of above Rs.100 in India and in Nepal

CBDT Press Release: Mandatory to file electronic return for Individual & HUF who are required to get accouts audit u/s 44AB

SEBI Circular:Revised Exposure Margin for Exchange Traded Equity Derivatives

Net Direct tax collection register a growth of 15.49% during the first quarter

Legal Decisions (More)

Employees’ contribution toward PF, ESI allowed as deduction in previous year in which liability incurred if paid before the due date of filing of return u/s 139(1) and cannot treated as income u/s 36(1)(via)

Assessee is correct to treat Income from Delivery base transactions of shares as Short term or Long term Capital Gain as the case may be and Non Delivery (Jobbing) transactions as Business Income

Assessing Officer can not refer the matter to the Valuation officer u/s 142A to estimate the unexplained expenditure u/s 69C

A completed assessment can not be reopened u/s 147 on the basis of opinion of audit party, where no new facts are there

Penalty u/s 271B can not imposed if assesse has bona fide belief that he is not required to get accounts audited u/s 44AB

Articles (More)

OVERSEAS COMMISSION & TDS u/s 195

FAQ on Right to Information Act, 2005

Mutual Funds and Taxation

Income from Derivatives, Its Nature and Tax implication and set off of Different Derivatives Losses

Disallowance of Expenditure u/s 40(a)(ia) for Failure to comply TDS provisions

Query (More)

[QUERY] notice which sent to assessee by the A.O.

1.Can exporter pay export commission @25% of FOB Value.

What is TDS Rate on Commission for F.Y. 2010-11

Need help in company registration

Personal Taxation