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Articles By: DEVKUMAR KOTHARI |
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Block of securities and STT
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By: - DEVKUMAR KOTHARI
Dated:
February 9, 2016
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Budget - subsidy
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
February 8, 2016
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Budget STT be considered as advance income-tax like TDS
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By: - DEVKUMAR KOTHARI
Dated:
February 6, 2016
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Budget 2016 – suggestion about trading profit or short term capital gains.
-a minimum holding period to treat any assets as a ‘short-term capital asset’, if held for shorter duration- income should be treated as income from business income or income from other sources depending on nature of activities of assessee
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By: - DEVKUMAR KOTHARI
Dated:
January 30, 2016
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Scrutiny assessment ever green tool of harassment by tax authorities in spite of instructions of CBDT
3 Comments
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By: - DEVKUMAR KOTHARI
Dated:
January 28, 2016
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The satisfaction has to be recorded with objectivity and objective material and not in a mechanical manner- an analysis in view of law laid down by the Supreme Court in case of Goenka Lime and Chemicals Ltd and related Judgments of High Courts, in relation to reassessment.
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By: - DEVKUMAR KOTHARI
Dated:
January 1, 2016
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A lesson from case of Avasarala Technologies Ltd -not furnishing relevant details and evidence before authorities and furnishing superfluous documents can be costly.
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By: - DEVKUMAR KOTHARI
Dated:
December 31, 2015
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Appels of revenue – tax effect limits for not filing as well as for withdrawing/ not pressing pending appeals of revenue is a very important decision to bring in result orientation and objectivity in litigation by revenue it must be followed at all forums.
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By: - DEVKUMAR KOTHARI
Dated:
December 24, 2015
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CBDT revised Monetary Limits For Filing Appeals By tax authorities and direct to withdraw old appeals also: – the question is whether subordinates of CBDT will follow instructions? It is doubtful considering past experience.
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By: - DEVKUMAR KOTHARI
Dated:
December 17, 2015
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Un-necessary disputes and litigation by revenue on aspect of filing of prescribed forms:–now Supreme Court decided issue in favour of assessee – let us hope revenue will follow judgment and will not distinguish facts based on prescribed form - its number, name or contents and purposes
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By: - DEVKUMAR KOTHARI
Dated:
November 21, 2015
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Case of Nirma Ltd on valuation of Excisable goods- a study of recent judgment of the Supreme Court and related judgment of Tribunal passed ten year ago.
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By: - DEVKUMAR KOTHARI
Dated:
November 19, 2015
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New section 133C of the Income-tax Act, 1961 – an analysis
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By: - DEVKUMAR KOTHARI
Dated:
November 13, 2015
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Section 2(14) - recent circular - Capital gains – distance of rural agricultural land from municipal area for exemption- un-necessary litigation by revenue.
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By: - DEVKUMAR KOTHARI
Dated:
October 24, 2015
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SECTION 14A- some important aspects not yet considered by courts. Some suggested contentions / questions for appeal
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By: - DEVKUMAR KOTHARI
Dated:
October 20, 2015
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CBDT PROVED TO BE VERY UNREASONABLE TOP AUTHORITY EVEN DURING REGIME OF NAMO GOVERNMENT - Part 2
2 Comments
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By: - DEVKUMAR KOTHARI
Dated:
October 6, 2015
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EXPECTATIONS OF EASE IN BUSINESS DENIED - CBDT ALSO APPEARS TO BE UNREASONABLE TOP AUTHORITY LIKE LOWER TAX AUTHORITIES.
1 Comment
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By: - DEVKUMAR KOTHARI
Dated:
October 3, 2015
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Request to NAMO government: A reasonable view taken by assessee must be respected and un-necessary proceedings and litigation by revenue must be avoided. - Year in which assessable - a case of un-necessary litigation by revenue before High Court and the Supreme court, in respect of interest on statutory trust money deposits out of public issue money before of process of allotment, listing and refund.
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By: - DEVKUMAR KOTHARI
Dated:
September 22, 2015
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Revenue should withdraw appeals in cases of tax effect below present prescribed limits for filing of appeals
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By: - DEVKUMAR KOTHARI
Dated:
September 22, 2015
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Appeal of Assessee dismissed for low tax demand
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By: - DEVKUMAR KOTHARI
Dated:
August 19, 2015
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Up front interest on bonds and debentures allowed on mercantile basis in spite of matching principal followed in accounts
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By: - DEVKUMAR KOTHARI
Dated:
August 18, 2015
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