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Claim of export turnover if foreign exchange not realised in specified period u/s 80HHC tantamount to deemed concealment of income [Emblem Fashion Wear Exports Pvt. Ltd. vs. ITO (ITAT Mumbai), Income Tax (Appeal) No. 2101 of 2012, AY 2003-2004].
Generate Electronic Verification Code (EVC) for e-filing of Income Tax Return by giving Bank/ Demat A/c details.
Adjustment entries being not in nature of loan or advances are outside the purview of deemed dividend u/s 2(22)(e) [CIT (TDS) vs. Schutz Dishman Bio-Tech Pvt. Ltd. (Gujarat High Court), Tax Appeal nos. 958 & 959 of 2015].
Being an investment company, interest on loan used for investment in jointly controlled entity allowed as revenue expenditure [ ITO vs. M/s. First American Securities Pvt. Ltd. (ITAT Delhi), Income Tax (Appeal) No. 4768 of 2012, AY 2007-2008].
Re-credit of duty, paid through Cenvat Credit, is not allowed [Garden Silk Mills Ltd. vs. Comm. of CEST, Surat, (2016)].
Generate Electronic Verification Code (EVC) for e-filing of Income Tax Return by giving Bank/ Demat A/c details.
Adjustment entries being not in nature of loan or advances are outside the purview of deemed dividend u/s 2(22)(e) [CIT (TDS) vs. Schutz Dishman Bio-Tech Pvt. Ltd. (Gujarat High Court), Tax Appeal nos. 958 & 959 of 2015].
Being an investment company, interest on loan used for investment in jointly controlled entity allowed as revenue expenditure [ ITO vs. M/s. First American Securities Pvt. Ltd. (ITAT Delhi), Income Tax (Appeal) No. 4768 of 2012, AY 2007-2008].
Re-credit of duty, paid through Cenvat Credit, is not allowed [Garden Silk Mills Ltd. vs. Comm. of CEST, Surat, (2016)].