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Income from temporary letting of property taxable as income from house property if letting is not the main object. [G.R. Commercial Pvt. Ltd. vs. ITO (Individual) (ITAT Delhi), Income Tax (Appeal) Nos. ITA No.273/Del/2013 and ITA No.1134/Del/2013, AY 2005-2006 and 2006-2007]
Revenue expenses u/s 37 allowed in same year, AO not authorized to treat as deferred revenue expenditure.[ ACIT vs. M/s Citi Financial Consumer Finance India Ltd. (ITAT Delhi), ITA No. 2848/Del/2012 & ITA No. 6305/Del/2012].
No addition for change in valuation of stock, where method is changed in compliance of ICAI Accounting Standard.[ACIT vs. M/s J. K. Synthetics Ltd. (ITAT Lucknow), ITA No.563/LKW/2010 & ITA No.506/LKW/2010 and others]
Today (05.02.16) is last date for filing DVAT return in form DVAT-16,DVAT-17,& DVAT-48 for Q3 of 2015-16.Circular no. 36 of 2015-16.
Department Of Trade and taxes directs expeditious disposal of refund cases of amt upto Rs 10000 pending upto 31.03.15.Circular no. 37 of 2015-16 dt. 29.1.16.
36 CPE hrs/360 degrees knowledge/ Certificate Course on Cooperatives,ICAI,Sec-62,NOIDA 06.02.2016 .Fees 7500/10000. Enrol at:http://cconpo.icai.org/?page_id=4099
Online Aplications are invited for Empanel of CA Firms/LLPs wth O/o C&AG for 2015-16 at www.saiindia.gov.in frm 01Jan to15Feb2016.
Draft Bank Branch Auditors' Panel 2015-16 has been again hosted at http://www.meficai.org
Revenue expenses u/s 37 allowed in same year, AO not authorized to treat as deferred revenue expenditure.[ ACIT vs. M/s Citi Financial Consumer Finance India Ltd. (ITAT Delhi), ITA No. 2848/Del/2012 & ITA No. 6305/Del/2012].
No addition for change in valuation of stock, where method is changed in compliance of ICAI Accounting Standard.[ACIT vs. M/s J. K. Synthetics Ltd. (ITAT Lucknow), ITA No.563/LKW/2010 & ITA No.506/LKW/2010 and others]
Today (05.02.16) is last date for filing DVAT return in form DVAT-16,DVAT-17,& DVAT-48 for Q3 of 2015-16.Circular no. 36 of 2015-16.
Department Of Trade and taxes directs expeditious disposal of refund cases of amt upto Rs 10000 pending upto 31.03.15.Circular no. 37 of 2015-16 dt. 29.1.16.
36 CPE hrs/360 degrees knowledge/ Certificate Course on Cooperatives,ICAI,Sec-62,NOIDA 06.02.2016 .Fees 7500/10000. Enrol at:http://cconpo.icai.org/?page_id=4099
Online Aplications are invited for Empanel of CA Firms/LLPs wth O/o C&AG for 2015-16 at www.saiindia.gov.in frm 01Jan to15Feb2016.
Draft Bank Branch Auditors' Panel 2015-16 has been again hosted at http://www.meficai.org