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Articles By: DEVKUMAR KOTHARI |
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FOR PRIOR PERIOD ITEMS REVENUE SHOULD CONSIDER GROUND REALITIES AND WORK OBJECTIVELY WITH RESULT ORIENTATION IN MIND TO AVOID COSTLY, WASTEFUL LITIGATION Honorable FM and CBDT are requested to issue guidelines.
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
October 19, 2019
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FOR PRIOR PERIOD ITEMS REVENUE SHOULD NOT INDULGE INTO LITIGATION AND CONSIDER GROUND REALITIES AND WORK OBJECTIVELY AND WITH RESULT ORIENTATION IN MIND.
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
October 18, 2019
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EMPLOYEES CONTRIBUTIONS TO FUNDS ground realities must be recognized by the Legislators, Judiciary , Governments and authorities to avoid un-necessary litigation.
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
October 16, 2019
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EMPLOYEES CONTRIBUTIONS TO FUNDS- UN-NECESSARY LITIGATION BY REVENUE.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
October 15, 2019
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Input Tax Credit (ITC) of GST should be claimed as tax actually paid in year of actual payment – discussion with reference to mandatory provisions and some judgments.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
October 14, 2019
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MANNER OF DEPRECIATION FOR NEW CLASSES OF COMPANY ASSESSEE – S.115BA, 115BAA AND 115BAB- casual approach in drafting provisions is not good.
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By: - DEVKUMAR KOTHARI
Dated:
October 11, 2019
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New provision for new manufacturing companies – lot of conditions will cause poor chances of availing benefit of lower rate of Income-tax by manufacturers in real sense.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
October 10, 2019
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New Section 115BAA – a quick clarification by way of circular seems result of desire for publicity hype for clarifications seekers and clarification by CBDT where in fact clarification is not required.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
October 9, 2019
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Bombay High Court question claim of the State that it is business friendly.
3 Comments
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By: - DEVKUMAR KOTHARI
Dated:
October 7, 2019
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CLARIFICATION ABOUT SHARES HELD IN UNLISTED COMPANEIS APPEARS TO BE WRONG AND WILL CREATE DIFFERENCES CAUSING LITIGATION.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
September 27, 2019
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HIGHER DEPRECIATION ON SOME MOTOR VEHICLES - IS JUST TO HELP STOCK CLEARANCE UP TO 31.03.2020 – effective date need to be changed or clarified to avoid disputes.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
September 25, 2019
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CBDT CIRCULARS- MUST BE ISSUED AFTER PROPER GROUND WORK AND WITH MORE CARE- CASUAL APPRAOCH MAKES CIRCULARS UNCERTAIN.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
September 16, 2019
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PENALTY U.S. 271.1(c) confirmed for reason that assesse is not an individual but company which is an AOP consisting of other corporate giants – the case should have been prepared and represented with full ground work. The view also need reconsideration.
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By: - DEVKUMAR KOTHARI
Dated:
September 10, 2019
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Depreciation on block of assets as per Income-tax Act is not dependent on treatment in books of account – judgment in case of Aramark about goodwill – not properly presented and decided- needs rectification, reconsideration and appeal
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By: - DEVKUMAR KOTHARI
Dated:
September 4, 2019
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For benefit of revenue collection and easy administration: ADVANCE TAX IS BETTER OPTION THAN TDS / TCS.
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By: - DEVKUMAR KOTHARI
Dated:
September 3, 2019
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CGST annual filing : Extension is for FY 2017-18, whether extension is also desirable for FY 2018-19 – reasonableness is required to avoid unproductive work and publicity hype for seeking extensions and allowing extensions to avoid brain drain.
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By: - DEVKUMAR KOTHARI
Dated:
August 29, 2019
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INCOME TAX RETURNS WITH CLAIM FOR CREDIT OF TDS AND TCS NEED MORE TIME – DUE DATE SHOULD BE POSTPONED IN SUCH CASES.
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By: - DEVKUMAR KOTHARI
Dated:
August 28, 2019
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Section 292BB will not protect all irregularities committed by tax officers. Tax Officers must be more careful to ensure timely and proper proceedings.
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By: - DEVKUMAR KOTHARI
Dated:
August 27, 2019
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High Pitched assessment in accordance with directions of DRP, appeal of assesse has been allowed by Tribunal.
A case of continuing harassment of assesse and there seems no ease of doing business if you are in clutches of Tax authorities.
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By: - DEVKUMAR KOTHARI
Dated:
August 22, 2019
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FIX REASONABLE TIME SO THAT UN-NECESSARY TIME IS NOT LOST FOR EXTENSIONS, SEEKING ADJOURNMENTS ETC
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
August 20, 2019
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