File Income Tax return electronically for Assessment Year 2019-20 (FY 2018-19) For the Assessment Year 2019-20 (FY 2018-19), every taxpayer has to file the income-tax return electronically except a super senior citizen (whose age is 80 years or above during the previous year 2018-19) who furnishes the return either in ITR-1 or ITR-4. The option… Read More »
ITAT Kolkata Modern Impex Vs Assistant Commissioner of Income-tax I.T.A. No. 755/Kol/2018 Date of Judgement : 27/03/2019 Related Assessment Year : 2012-13 FULL TEXT OF THE ITAT JUDGEMENT This is an appeal preferred by the assessee against the order of Ld. CIT(A)-9, Kolkata dated 23.03.2018 for AY 2012-13. 2. Ground nos. 1 and 6 are general… Read More »
Rule 12 of Income Tax Rules TaxHeal Team has compiled the Rule 12 of Income Tax Rules based on the latest amendment in rule 12 vide Notification No. 32/2019-Income Tax Dated 01/04/2019 .Changes are Marked in Red Color. Rule 12 of Income Tax Rules as applicable from 01st April 2019 i.e. for Income Tax Return… Read More »
From time to time assessee was in touch with his CA, however, on 27.05.2018 when the assessee visited the office of the CA, he was informed that CA has expressed his inability to file the second appeal as he was not much conversant with the Tribunal matters. Thereafter, the assessee took steps and engaged different… Read More »
GST Manual with GST Law Guide & Digest of Landmark Rulings(Set of 2 Volumes) (Revised & Reprint 11th Edition April 2019) Product description Volume 1 : Incorporating : GST Law Guide (A Comprehensive Guide to GST Laws) Annotated Text of CGST Act 2017/IGST Act 2017/UGST Act 2017/ GST (Compensation to States) Act 2017 Annotation under each… Read More »
GST on Works Contract & Other Construction/EPC Contracts-With New GST Scheme for Real Estate/Construction Sector (4th Edition April 2019) Description Incorporating : Immovable Property & Works Contract Composite /Mixed Supply & Works Contract Input Tax Credit & Works Contract Latest Advance Rulings including Solar Projects related Developments ‘Free of Cost’ Supplies Security Deposits / Advances … Read More »
GST Practitioners’ Question Bank with Quick Exam Guide-More than 5000 MCQs (2nd Edition April 2019) Description Incorporating Bulleted Quick Exam Guide More than 5000 MCQs Answer Key tp MCQs contains reasoning for answers Table/flowcharts & diagrams for easy understanding of the GST laws Price Rs 1435 Click here to buy online Refer Other New GST… Read More »
The assessee inter alia claimed deduction on interest on borrowed capital at Rs. 8,27,014/- under s.24 of the Act under the head ‘income from house property’. The lower authorities have rightly questioned the veracity of claim of property being actually let out. The affidavit filed was clearly bald and a self-serving document. No cross examination of the… Read More »
SUPREME COURT OF INDIA Union of India v. Shreya Sen A.K SIKRI AND ABDUL NAZEER, JJ. SPECIAL LEAVE PETITION (CIVIL) DIARY NO. 34292 OF 2018 FEBRUARY 4, 2019 1. Delay condoned. 2. The High Court vide impugned order dated 24.2.2018 passed in Petition (Civil) No.7444 of 2018, had permitted the respondents herein to file the Income Tax Return for the Assessment… Read More »
ITAT Mumbai Ms Deekay Gears Vs ACIT ITA No. 2366/Mum./2018 Date of Judgement: 16/01/2019 Related Assessment Year : 2009-10 Aforesaid appeal has been filed by the assessee challenging the order dated 21stSeptember 2017, passed by the learned Commissioner (Appeals)-40, Mumbai, pertaining to assessment year 2009-10. 2. There is a delay of 116 days in filing… Read More »