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Articles By: DEVKUMAR KOTHARI |
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Higher municipal tax on let out properties and properties used for commercial purposes is not justified- a discussion in view of proposed area wise property tax in Kolkata with additional multipliers in case of commercial property and let out property.
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By: - DEVKUMAR KOTHARI
Dated:
November 28, 2011
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Business loss- Inter-corporate deposits written off is allowable business loss.
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By: - DEVKUMAR KOTHARI
Dated:
November 9, 2011
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Section 40a(ia) vis a vis section 194C and 194I- disallowance not called for when tax was deducted u/s 194C, even if it could be contended that tax was deductible u/s 194 I.
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By: - DEVKUMAR KOTHARI
Dated:
November 1, 2011
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Can consider and apply case law not cited before it – better course would be to provide further opportunity of hearing the parties.
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By: - DEVKUMAR KOTHARI
Dated:
October 31, 2011
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Care required while making names of defaulters public and also issues related with recovery of disputed demands:
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By: - DEVKUMAR KOTHARI
Dated:
October 29, 2011
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Registered deed is essential to sell property- Suraj Lamp & Industries Pvt Ltd Vs State Of Haryana (SC) .
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By: - DEVKUMAR KOTHARI
Dated:
October 25, 2011
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Deduction under section 33AB is allowable against composite income and not against only 40% of composite income- A case of un-necessary litigation by revenue in case of Tea Companies .
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By: - DEVKUMAR KOTHARI
Dated:
October 7, 2011
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PERSON LIABLE TO PAY SERVICE TAX CAN ONLY CHALLENGE LEVY.
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By: - DEVKUMAR KOTHARI
Dated:
October 4, 2011
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SERVICE TAX ON RENTING OF COMMERCIAL PREMISES - UPHELD BY FOUR HIGH COURTS WITH RETROSPECTIVE EFFECT. RETROPSEECTIVE AMENDMENTS - VERY UNFORTUANTE BUT HAVE BECOME ORDER OF THE DAY AS GOVERNMENT SHIELDS MISTAKES BY SUCH AMENDMENTS.
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By: - DEVKUMAR KOTHARI
Dated:
September 29, 2011
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DISALLOWANCE FOR NON DEDUCTION OF TAX SHOULD NOT BE MADE WHEN INCOME IS NOT TAXABLE- a discussion in view of order of ITAT and some suggestions by author.
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By: - DEVKUMAR KOTHARI
Dated:
September 28, 2011
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Un-necessary litigation by revenue- depreciation:COLD STORAGE BUILDING IS INTEGRAL PART OF ‘COLD STORAGE PLANT’ AND IS ELIGIBLE FOR DEPRECIAITON BASED ON PLANT AND NOT AS BUILDING EVEN AFTER AMENDMENT IN MEANING OF PLANT.
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By: - DEVKUMAR KOTHARI
Dated:
September 27, 2011
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Cables held not part of wind mills – a weakly presented case lost before the Supreme Court in case of Nicco Corporation Ltd.
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By: - DEVKUMAR KOTHARI
Dated:
September 26, 2011
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Service Tax – some suggestions for better collection, adjustment and administration and to avoid revenue leakage .
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By: - DEVKUMAR KOTHARI
Dated:
September 25, 2011
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Exemption form capital gains tax: SUCCESSION OF SOLE PROPRIETARY BUSINESS BY COMPANY.
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By: - DEVKUMAR KOTHARI
Dated:
September 22, 2011
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NO PENALTY IN CASE OF CONTENTIOUS ISSUES.
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By: - DEVKUMAR KOTHARI
Dated:
September 1, 2011
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RANSOM (FIROTI) IS PAID TO SECURE LIFE AND IS NOT AN OFFENCE- EXPENSES ALLOWABLE.
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By: - DEVKUMAR KOTHARI
Dated:
August 30, 2011
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LIFE INSURANCE BUSINESS- provision for solvency margin made as per the directions of is allowable.
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By: - DEVKUMAR KOTHARI
Dated:
August 25, 2011
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Benefit of concessions related with long-term capital assets is available for long-term depreciable assets also when income is computed under section 50.
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By: - DEVKUMAR KOTHARI
Dated:
August 22, 2011
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LIFE INSURANCE BUSINEE- LOSS OF EXEMPTED SCHEMES ALLOWED- supports views of author that loss of LTCG (with STT) is loss eligible for set off and carry forward.
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By: - DEVKUMAR KOTHARI
Dated:
August 18, 2011
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Penalty for concealment of income Under Section 271(1) (c)
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By: - DEVKUMAR KOTHARI
Dated:
August 17, 2011
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