posted: "INCOME TAX : Provision of section 195 would not be applicable to reimbursement of demurrage charges paid by assessee to a non-resident shipping company and that same would be covered by section 172INCOME TAX : Provision of section 195 would not be applica"
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posted: "Insertion of section 271AAD in Direct tax budget 2020 regarding penalty for false or omission of entry has created an atmosphere of tax fear, as it imposes heavy penalty equal to bill amount inclusive of tax which was never in Indian direct tax history. T"
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posted: "As of August 2020, the number of Internet Connections in India increased approximately by 760 million- 61% were in urban areas, of which 97% were wireless. The number of active internet users in the country is the second highest globally, and India has th"
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posted: "GRM means the receipt and processing of complaints from the customer and taking necessary actions to address the same. The GRM of any organization is the gauge to measure its efficiency and effectiveness and provides a picture on how the banks value its c"
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posted: "INCOME TAX : Where during current year, Real Estate Developer had sold opening stocks only and had not incurred any cost, thus, declared higher profit, without proving opening stock or sales invoices wrong, Revenue could not estimate lower average profit "
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posted: "INCOME TAX : Where revenue delayed by eight months to pass appeal effect order, Revenue should pass such order immediately and grant refund with interestINCOME TAX : Where revenue delayed by eight months to pass appeal effect order, Revenue should pass su"
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