posted: "INCOME TAX : Where assessment orders are passed without granting further time to assessee to explain its case, assessment orders are to be set aside and matter is to be remitted to authority concerned for fresh considerationINCOME TAX : Where assessment o"
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posted: "The Central Board of Direct Taxes (CBDT) has notified two more pension funds namely, the 2452991 Ontario Limited and the 276522 Ontario Limited for the purpose of exemption under section 10(23FE). The notified funds shall be eligible to claim exemption "
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posted: "INCOME TAX : Where assessee had been allowed depreciation on a flat owned by it as a business asset, flat would continue to be part of business asset and depreciable asset even if its non-use disentitled assessee to depreciation for two years prior to dat"
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posted: "The Ministry of Finance has notified the Tribunal (Conditions of Service) Rule, 2021 wherein provisions related to appointment of chairperson and member, qualifications, resignation or removal of chairperson or member, Salary and allowances, pension, pr"
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posted: "INCOME TAX : Explanation 2 to section 37(1) which denies deduction for CSR expenses by way of business expenditure is applicable only to extent of computing 'business income' under Chapter IV-D and; it could not be extended or imported to CSR contribution"
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posted: "The Central Board of Indirect Taxes and Customs has notified the rate of exchange of conversion of the foreign currencies into Indian currency or vice versa, with effect from 17th September 2021, for import and export of goods.The Central Board of Ind"
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posted: "The Government has issued notification to provide that the last date of submitting applications under MEIS, SEIS, ROSCTL amp; ROSL schemes is revised to 31st December 2021 and after this, no further applications would be allowed to be submitted and they"
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