![ICAI Revises Amount for Membership Fee and Certificate of Practice Fee for the year 2018-19 [Read Announcement]](https://www.taxscan.in/wp-content/uploads/2018/02/ICAI-Taxscan.jpg "ICAI Revises Amount for Membership Fee and Certificate of Practice Fee for the year 2018-19 [Read Announcement]")
ICAI Revises Amount for Membership Fee and Certificate of Practice Fee for the year 2018-19 [Read Announcement]
The Institute of Chartered Accountants of India (ICAI) has revised the fee payable for membership and Certificate of practice for the year 2018-19. ...
![Section 50C not applicable to Cold Storage Building: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Cold-Storage-Taxscan.jpg "Section 50C not applicable to Cold Storage Building: ITAT [Read Order]")
![Discount on Prepaid Products is ‘Commission’, TDS payable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Discount on Prepaid Products is ‘Commission’, TDS payable: ITAT [Read Order]")
![Trust not Entitled to Exemption since it had not Maintained Books of Accounts in respect of its Incidental Business: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Trust-Taxscan.jpg "Trust not Entitled to Exemption since it had not Maintained Books of Accounts in respect of its Incidental Business: Bombay HC [Read Judgment]")
Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]
Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently held that the non-compete fee paid for acquisition of going concern is not eligible for depreciation under section 32 of the Income Tax...
![Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Depreciation not allowable on Non-Compete Fee paid for Acquisition of Going Concern: ITAT [Read Order]")
![RBI Notifies Due Dates for Filing Returns by NBFCs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/11/RBI-TaxScan.jpg "RBI Notifies Due Dates for Filing Returns by NBFCs [Read Notification]")
Return Filed by a Govt Undertaking on the basis of Provisional Information must be accepted since the Audit of Account was not within Hands of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) allowed the appeal of the assessee and held that Return filed by a Govt Undertaking on the basis of Provisional Information must be accepted since the audit...
![Return Filed by a Govt Undertaking on the basis of Provisional Information must be accepted since the Audit of Account was not within Hands of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "Return Filed by a Govt Undertaking on the basis of Provisional Information must be accepted since the Audit of Account was not within Hands of Assessee: ITAT [Read Order]")
Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]
In Kunal G. Kataria and Assistant Commissioner of Income Tax v. ACIT, the Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that the net income from derivative trading in commodity...
![Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Income-Taxscan.jpg "Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]")
Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]
In the Case, Commissioner of Income Tax vs Ram Kumar Duhan, Punjab and Haryana High Court has deleted the addition made by the Assessing Officer (AO) since the transfer of land to Assessee was to...
![Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]")
