Top Tweets for #RSCUpdates
IMPORTANT JUDGEMENT OF THE DAY:-
ITAT deleted the addition u/s 68, holding the assessee was only a conduit for cash belonging to another entity. No ownership or unexplained credit was proved.
#ITAT #Section68 #IncomeTax #TaxLaw #TaxUpdates #DirectTax #RSCUpdates

ITAT held that the interest differential credited by NABARD to specified funds under RBI and Government directions was diverted at source. Since the amount never became the assessee's income, it is not taxable.
#ITAT #NABARD #RBI #IncomeTax #TaxLaw #TaxJudgment #RSCUpdates

ITAT held that year-end provisions for legal fees attract TDS under Section 194J. However, the deduction cannot be denied if the TDS is paid on or before the due date for filing the income tax return under Section 139(1).
#TDS #Section194J #TaxLaw #IncomeTax #RSCUpdates

ITAT rules that Section 11 exemption cannot be denied to a trust merely due to inadvertent filing as a company, holding that such a procedural defect is curable and should not defeat substantive tax benefits.
#Section11 #TaxExemption #IncomeTax #Trusts #TaxLaw #RSCUpdates

ITAT rules that estimated disallowance of expenses already recorded in books cannot be treated as ‘unexplained expenditure’ u/s 69C. Consequently, tax under Sec. 115BBE is not applicable on such additions.
#ITAT #IncomeTax #Section69C #115BBE #TaxLaw #TaxUpdate #RSCUpdates

Delay in filing Form 10 is condonable where the delay in filing the return has already been condoned for a trust claiming exemption u/s 11.
#Form10 #Section11 #TrustTaxation #IncomeTax #TaxUpdate #TaxLaw #Exemption #RSCUpdates

Entire deduction u/s 80P(2)(a)(i) can't be denied merely due to nominal members. Any disallowance must be limited to income from such members only.
#CooperativeSociety #IncomeTax #TaxUpdate #TaxLaw #DirectTax #LegalUpdate #RSCUpdates

APA Serves as Strong Evidence of Business Purpose; TP Disallowance Deleted
#GSTUpdate #InputTaxCredit #GSTLaw #TaxUpdate #ITAT #GSTCompliance #CAIndia #TaxAlert #IncomeTax #RSCUpdates

Sec. 10AA Deduction Cannot Be Withdrawn Through Rectification Without Apparent Error
#GSTUpdate #InputTaxCredit #GSTLaw #TaxUpdate #AAR #GSTCompliance #CAIndia #TaxAlert #IncomeTax #RSCUpdates

Delhi ITAT Holds That Sec. 36(1)(iii) Disallowance Must Be Restricted to Actual Interest Attributable to Interest-Free Advances
#IncomeTax #TaxUpdate #ITAT #Section36(1)(iii) #TaxAlert #TaxLitigation #CAIndia #TaxLaw #RSCUpdates

ITC on Employee Canteen Services Allowed Where Facility Is Mandatory and Cost Is Borne by Employer
#GSTUpdate #InputTaxCredit #GSTLaw #TaxUpdate #AAR #GSTCompliance #CAIndia #TaxAlert #RSCUpdates

Temple's Grant of Rights to Collect Tonsured Hair Constitutes Taxable Supply of Service
#TempleGrant #TaxableSupply #Service #TonsuredHair #HairCollection #RSCUpdates #IncomeTax

Faceless Reassessment Upheld; Challenge to NFAC Jurisdiction Rejected by Tribunal
#IncomeTax #DelhiTribunal #Reassessment #Section147 #TaxLitigation #NaturalJustice #TaxAssessment #DirectTax #TaxUpdate #RSCupdates

Only Capital Goods Related CENVAT Credit Reducible for Depreciation Purposes
#IncomeTax #DelhiTribunal #Reassessment #Section147 #TaxLitigation #NaturalJustice #TaxAssessment #DirectTax #TaxUpdate #RSCupdates

AAR Holds Advance Ruling Application Not Maintainable as Questions Related to Supplies by Member-Volunteers#IncomeTax #DelhiTribunal #Reassessment #Section147 #TaxLitigation #NaturalJustice #TaxAssessment #DirectTax #TaxUpdate #RSCupdates

꒰ #RSCUpdates ꒱
For shipout today ✨
Shipping fees will be sent out after drop off. We’ll be updating in a few!
Thanks!

꒰ #RSCUpdates ꒱
╰BE TOGETHER MUSIC KOREA - intransit to my address na po, you can settle your balance na din po
╰BE TOGETHER KTOWN - ph consol address, waiting to be delivered nalang po sa address ni admin 🧜♀️ you can settle your balance na din po, shipping after holy week
꒰ #RSCUpdates ꒱
BTOB SG Tingi are all shipped earlier for those who filled out the shipping form, tracking numbers are already sent to your emails, thank you for patiently waiting and for trusting us with your budols!💙✨

꒰ #RSCUpdates ꒱
╰ BTOB SG - ph address, waiting to be delivered nalang po sakin, will update y'all po once na sakin na, thank you!
╰ PTG SG - intransit to ph last feb 24
╰ 5th Gen - no announcement parin po from cube when yung delivery date, nag announce lang po sila ng term
Last Seen Hashtags on Sotwe
chubby
Seen from United States
รับงานคลองหลวง
Seen from Thailand
premature
Seen from Singapore
caiunanet
Seen from Brazil
momson filter:videos
Seen from Greece
Couple
Seen from United States
นักเรียนเงี่ยน
Seen from Thailand
TigerBloodIntern
Seen from Turkey
nolimit()filter:videos somno
Seen from United States
สาวสวยเซ็กซี่
Seen from Thailand
Trends for you
Most Popular Users

Elon Musk 
@elonmusk
240.6M followers

Barack Obama 
@barackobama
119.2M followers

Donald J. Trump 
@realdonaldtrump
111.7M followers

Cristiano Ronaldo 
@cristiano
110.4M followers

Narendra Modi 
@narendramodi
107M followers

Rihanna 
@rihanna
97.6M followers

NASA 
@nasa
92.2M followers

Justin Bieber 
@justinbieber
90.9M followers

KATY PERRY 
@katyperry
87.6M followers

Taylor Swift 
@taylorswift13
81.4M followers

Lady Gaga 
@ladygaga
72.9M followers

Virat Kohli 
@imvkohli
69.7M followers

Kim Kardashian 
@kimkardashian
69.7M followers

YouTube 
@youtube
68.7M followers

Bill Gates 
@billgates
63.8M followers

Neymar Jr 
@neymarjr
62.5M followers

The Ellen Show
@theellenshow
62.5M followers

CNN 
@cnn
61.9M followers

X 
@x
60.8M followers

Selena Gomez 
@selenagomez
60.7M followers

