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Section 44AA, 44AB, 44AD of Income Tax Act – Analysis

Section 44AA, 44AB, 44AD of Income Tax Act – Analysis

By- CA Tarannun Khatri  – 44AA: MAINTENANCE OF BOOKS OF ACCOUNTS WHO SHOULD MAINTAIN:   a. If a person  carrying on business / profession and income from such business/ …

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SharedTTopics Making Rounds

IPCC Amendments, Syllabus May 2014

IPCC Amendments, Syllabus May 2014

IPCC Amendments in Paper 1 – Accounting: Exclusion of Hire Purchase Trading A/c, Stock and Debtors Method from IPCC Syllabus:   In Accounting paper, ICAI has made it clear that, these topics are no longer …

Service Tax on Reimbursement of Expenses

Service Tax on Reimbursement of Expenses

Reimbursement of expenses not to form part of taxable value for Service Tax   We are sharing with you an important judgement of the Hon’ble Madras High Court  in the case of Commissioner of Service Tax Vs. M/s. …

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