The ITAT Pune in the case of VV Constructions v ACIT (ITAT Pune), ITA No. 1641/PN/2013 on 12.06.2015 held that books of account cannot be... Read More
The Hon’ble Delhi High Court on 12.8.15 in the cases of Commissioner of Income Tax – 9 (Appellant) vs. Vrindavan Farms (P) Ltd. (Respondent) being... Read More
The government has declared to make tax evasion a criminal offence in the country very shortly. It would prosecute offenders with an object to check... Read More
Presently, there are more than 12 lakh duplicate PAN (Permanent Account Number) card holders existing in our country. Though the government denies the allegations of... Read More
The proposition There are various corporate laws, which are applicable on any working individual. However, certain issues have been missing in those laws. Recently, a... Read More
The procedure for the computation of book profit as per section 115JB should be followed strictly
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The ITAT Chennai in the case of the Deputy Commissioner of Income Tax, Corporate Circle-I, Coimbatore vs. M/s. Western India Cashew Company Pvt. Ltd., 2015... Read More
The curse of the Indian government establishment is that power is in the hands of people with low self-disposition and they run amok with it.... Read More
By CA Pratik Anand, ACA Foreign Account holders beware; the Income Tax department has started issuing notices to persons having foreign assets about the disclosures... Read More