Income Tax | GST | Accounting
Income Tax | GST | Accounting
The Income Tax Appellate Tribunal of Mumbai Branch has ruled that Depreciation on Server, Storage, and accessories Procured During the year is allowable. Case Details: Case Name Deputy Commissioner of Income Tax Vs. M/s. BSE Ltd. Appeal Number ITA No.: 1048/Mum/2020 Related Assessment Year 2015-16 Read the full original Order: 1. By way of this […]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench has ruled that Non-Profit entity for the purposes of promoting & protecting the trade, Commerce is eligible for exemption under section 11 of the Income Tax Act, 1961. Case Details: Case Name Bombay Chamber of Commerce & Appeal Number ITA No. 5832/Mum/2019 Final Tribunal Order 30.09.2021 Read […]
