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Articles By: DEVKUMAR KOTHARI |
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Income Tax Officer, Etawah Versus Dharam Narain 2018 (2) TMI 1474 - SUPREME COURT OF INDIA – a reconsideration after proper presentation of parties is required
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By: - DEVKUMAR KOTHARI
Dated:
February 28, 2018
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Concept of deemed dividend and tax thereon must be discontinued as it appears not effective.
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By: - DEVKUMAR KOTHARI
Dated:
February 9, 2018
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Finance Bill 2018 - COMPENSATION – CAPITAL RECEIPT, IS ALSO PROPOSED TO BE TAXABLE INCOME
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By: - DEVKUMAR KOTHARI
Dated:
February 8, 2018
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FB - SALARY - IS THERE MISTAKE IN CLAUSES vis a vis Budget Speech and memorandum?
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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FB 2018 - Capital gains in case of item of inventory converted into capital asset.
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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LTCG Bonds –S.54EC benefit to be restricted from assessment year 2019-20 and lock-in-period will increase from 01.04.2018
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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FB 2018 Proposal to increased penalty under section 271FA to ensure compliance.
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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FB 2018 – S.253 Appeal before Tribunal-proposed amendment should be w.e.f. 01.04.2017 the day when S.271J became effective empowering CIT(A) to impose penalty
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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FB 2018- Exemption for Long-term capital gains with STT book LTCG before 31st March, 2018 by selling and delivery well in time before 31.03.18 taking care of Holiday.
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By: - DEVKUMAR KOTHARI
Dated:
February 5, 2018
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FB 2018 - S.28 - CONVERSION OF STOCK INTO CAPITAL ASSET - AND RELATED PROVISIONS – a provision which is not required at all – must be droppe.
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By: - DEVKUMAR KOTHARI
Dated:
February 3, 2018
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Budget 2018: BUSINESS RELATED COMPENSATION - proposed amendments.
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By: - DEVKUMAR KOTHARI
Dated:
February 3, 2018
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Amendment relating to salary- standard deduction (40K) allowed and certain medical reimbursement made taxable perquisite
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
February 3, 2018
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THE FINANCE BILL, 2018 – proposal in MAT provision for some type of companies
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By: - DEVKUMAR KOTHARI
Dated:
February 2, 2018
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Long-term capital gains - Budget 2018-19
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By: - DEVKUMAR KOTHARI
Dated:
February 2, 2018
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FB 2018- 25 PC TAX ON SOME COMPANIES, SHOULD BE FOR OTHER ASSESSEES HAVING TURNOVER UP TO ₹ 250 Crores
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By: - DEVKUMAR KOTHARI
Dated:
February 2, 2018
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Depreciation - Reduction of higher rates of 100, 80, 60 and 50% to 40% in a single stroke –amendment is not justified
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By: - DEVKUMAR KOTHARI
Dated:
January 31, 2018
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Read S. 68 of IT Act with NI Act: Provisions relating to cheque in the Negotiable Instruments Act, 1881 need to be considered in context of S.68 of Income-tax Act, 1961 – a reading again and reconsideration of some judgments allowing invocation of S. 68 for receipts by cheque is desirable
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
January 31, 2018
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Section 2.22.e deemed dividend though cheque was not deposited but returned and cancelled - un-necessary litigation by revenue
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By: - DEVKUMAR KOTHARI
Dated:
January 27, 2018
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LETTER TO AO – ACCEPTING ADDITION TO AVOID LITIGATION
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
January 17, 2018
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Revenue friendly amendments must be prospective- revenue must not un-necessarily indulge into litigation by applying retrospectivity.
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By: - DEVKUMAR KOTHARI
Dated:
December 30, 2017
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