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Articles By: DEVKUMAR KOTHARI |
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CORPORATE MEMBERSHIP FEES OF CLUBS MAY BE ALLOWED AS BUSINESS EXPENDITURE.
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By: - DEVKUMAR KOTHARI
Dated:
May 8, 2009
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Service tax on commercial rent- the notification is beyond the charging section- the draftsmen working for legislators must have open eyes and mind to consider suggestions published, and not with approach of who care …. We can amend law is not desirable
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
May 2, 2009
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Accounting and income-tax practice - OWNERSHIP APARTMENTS- DEPRECIATION- segregate cost of share in land and common facilities a general discussion with a decision of ITAT.
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By: - DEVKUMAR KOTHARI
Dated:
April 29, 2009
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Avoid frequent amendments in I.T.Rules by applying foresight: Higher Deprecation on commercial vehicles- eligible period for acquisition has been extended up to 30th September 2009 vide notification dated 21st April, 2009 as against up to 31st march 2009 fixed by earlier notification dated 19.01.2009 issued by CBDT.
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By: - DEVKUMAR KOTHARI
Dated:
April 25, 2009
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Tax audit report- latest amendment to form 3CD and some issues relating to micro, small and medium enterprises and suggestion to apply Section 43B to all sums payable to such suppliers instead of disallowing interest payable or paid to such parties.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
April 22, 2009
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Budget 2009 - DEPRECIATION - Suggestions: Accelerated depreciation with few type of assets can be introduced with option to claim depreciation at any time - Books should include e-books.
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
April 20, 2009
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TAXATION OF CAPITAL GAINS IN HANDS OF RECIPIENT OF ASSETS ON DISTRIBUTION OF ASSETS BY COMPANIES IN LIQUIDATION.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
April 15, 2009
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DEEMED SPECULATION BUSINESS IN PURCHASE AND SALE OF SHARES- fall in stock valuations shall also be deemed speculative loss- so held by Bombay High Court- the decision needs a review and appeal before the Supreme Court because artificial meaning must be interpreted in a purpose seeking manner and not as per plain language.
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By: - DEVKUMAR KOTHARI
Dated:
April 11, 2009
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APPEAL FEES IN CASE OF LOSS
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
April 10, 2009
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LIABILITY ON UNCLAIMED DEBENTURES WRITTEN BACK- HELD INCOME - the decision of Bombay high Court need reconsideration. BY DEV KUMAR KOTHARI
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
March 26, 2009
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SECURED LOAN BY WAY OF REVERSE MORTGAGE an analysis and some suggestions.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
March 24, 2009
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RATE OF DEPRECIAITON -THE WHOLESOME APPROACH IS REQUIRED
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By: - DEVKUMAR KOTHARI
Dated:
March 20, 2009
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APPEAL AGAINST DEAD PERSON IS VOID AND NOT MAINTAINABLE - Care required by revenue:.
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By: - DEVKUMAR KOTHARI
Dated:
March 17, 2009
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PROPER JURISDICTION IS ESSENTIAL TO ENSURE MAINTAINABILITY OF ANY PROCEEINGS INCLUDING APPEALS OF REVENUE.
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By: - DEVKUMAR KOTHARI
Dated:
March 17, 2009
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SECTION 54 and 54F - SALE PROCEEDS VS INVESTMENT IN RESIDENTIAL HOUSE - liberal approach to achieve purpose of investment in residential houses is required.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
March 3, 2009
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Tribunal must decide the appeal on merit if adjournment is not allowed as requested by both parties before it- practice of multiplying cases by dismissal of appeals is not proper.
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By: - DEVKUMAR KOTHARI
Dated:
March 3, 2009
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For Brain Storming: NO JUSTIFICATION ON HIGHER MUNICIPAL TAX ON PROPERTY USED AS OFFICE.
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By: - DEVKUMAR KOTHARI
Dated:
February 28, 2009
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UN-NECESSARY APPEALS BY REVENUE MUST BE AVOIDED- A RECENT CASE BEFORE SUPREME COURT in case of CIT, Dibrugarh versus Doom Dooma India Ltd. 2009 -TMI - 32437 shows un-necessary litigation by revenue on issues which were settled long ago.
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By: - DEVKUMAR KOTHARI
Dated:
February 25, 2009
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Regarding WDV in case of computation of income under Rules 7A, 7B and 8 of the income Tax Rules- recent judgment of Kerala HC- a critique
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By: - DEVKUMAR KOTHARI
Dated:
February 25, 2009
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'Business Profit' includes depreciation written back in context of section 32AB. However, the question of law left open by the Supreme Court - also some relevant discussion on binding nature of judgments or persuasive value.
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By: - DEVKUMAR KOTHARI
Dated:
February 24, 2009
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