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Reasonable remuneration paid to secretary of trust, who is also a trustee is allowable [PNR Society for Relief and Rehabilitation of the Disabled Trust Vs. DDIT (ITAT Ahmedabad), ITA No. 2729/Ahd/2010].
Reassessment order u/s 147 without first disposing of the preliminary objections is not sustainable[Supreme Court in GKN Drives hafts (India) Ltd. vs. ITO & Ors. (2003) 259 ITR 19].
Service Tax Collections increase by 15.1% during April-August 2014.
Information from investigation wing is only a prima-facie material and not conclusive [Hon’ble Delhi ITAT has in the case of DCIT v/s Heminder Kumari in ITA No. 4210-4213/Del/2013].
In absence of Tax advantage and huge loss, penalty not leviable [CIT vs. M/s. Garware Chemicals Ltd. (Bombay High Court), Income-tax Appeal No. 916 of 2012].
Non applicability of Sections 407 to 414 of the Companies Act 2013, for the Intermediate (IPC) Examination to be held in November 2014.
Reassessment order u/s 147 without first disposing of the preliminary objections is not sustainable[Supreme Court in GKN Drives hafts (India) Ltd. vs. ITO & Ors. (2003) 259 ITR 19].
Service Tax Collections increase by 15.1% during April-August 2014.
Information from investigation wing is only a prima-facie material and not conclusive [Hon’ble Delhi ITAT has in the case of DCIT v/s Heminder Kumari in ITA No. 4210-4213/Del/2013].
In absence of Tax advantage and huge loss, penalty not leviable [CIT vs. M/s. Garware Chemicals Ltd. (Bombay High Court), Income-tax Appeal No. 916 of 2012].
Non applicability of Sections 407 to 414 of the Companies Act 2013, for the Intermediate (IPC) Examination to be held in November 2014.